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Twitter’s mass layoffs have begun

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Re: Twitter’s mass layoffs have begun

#122
post #9

In my view no single medium (the media is the message) has done more to weaken the quality of public discourse in the world than Twitter. But maybe Facebook proves that even if you're allowed to use prose crazies dominate so maybe the issue is deeper

Really?

On which other platform can you directly communicate (or at least listen to, unfiltered) to the worlds dictators, political leaders, and billionaires?

Re: Twitter’s mass layoffs have begun

#123

What a contrast in leadership when you compare the way Twitter is doing this (rumor is right before bonus/stock vesting and cold impersonal email) and how Stripe is conducting their layoffs (empathy, 14 weeks severance, bonus payouts, etc.) Which company is going to have an easier time hiring after the dust settles and they have a growth stage again?

> Which company is going to have an easier time hiring after the dust settles and they have a growth stage again? The one with the better offer, taking a possible layoff payout into account. The comp ranges can be so drastically different between companies that a possibly generous layoff (that is no means guaranteed if Stripe has to do this when circumstances are more dire) is negligible financially.

Twitter would have to pay me something like 3 times more than Stripe for me to consider it, if I were back in the market and had those two.

Re: Twitter’s mass layoffs have begun

#125

Now is a good time for us all to chill, take inventory as the year draws to an end and uncertain economic conditions have us all a little on edge. Change happens, it's uncomfortable at first but it can be made to work for you too. Change isn't always bad. Can anyone look at Twitters performance as a public company and say that no changes were warranted? Twitters "mission" wasn't exactly being well executed either. So…

> More or less he's put a big chunk of his lifes work on the line over a silly tweet about buying Twitter.

It's a forty-four billion dollar drunk ebay purchase. But it comes after previous occasions when he'd been told by the SEC to stop making stock-price-moving announcements on twitter. It's just astonishingly irresponsible of him to have got in this position in the first place.

Re: Twitter’s mass layoffs have begun

#126
post #8

I'm pretty curious about how and where Twitter employees were distributed. For a company ostensibly worth $44 billion, having 7,500 staff feels pretty damn lean. It feels like Musk isn't just purging people, he's purging the Twitter culture...

we'll find out soon if Twitter really need 7500 employees. (IMO, i just don't see how and why you needs that many people to run Twitter)

Too many variables changing at once to do proper attribution

Re: Twitter’s mass layoffs have begun

#127
post #9

In my view no single medium (the media is the message) has done more to weaken the quality of public discourse in the world than Twitter. But maybe Facebook proves that even if you're allowed to use prose crazies dominate so maybe the issue is deeper

FB would still be #1 for me on this scale.

The panopticon they’ve build is bigger and wider (sharing data between Insta, WhatsApp etc). I don’t know what would be the “Cambridge Analytica of Twitter” but time will tell.

Twitter’s catching up though.

Re: Twitter’s mass layoffs have begun

#128
post #89

Since apparently nobody else in the thread has any empathy for those who've lost their jobs, future access to healthcare (in the US and less civilized countries), and financial security, I guess I'll be the first: I feel bad for people who are laid off by the machinations of billionaires. I wish we lived in a society where it wasn't optimal to act like raving lunatics will tear down every bit of security you have at…

I've been laid off in downturns a couple times before, so it has been me in that pit.

But you can't have the boom without the bust, and shrinking bloated companies is a thing that has to happen one way or the other.

Also, the Twitter layoff in particular has had about as much advance notice as anything I've seen. It's been clear for months and months it was going to happen. Plenty of time to get yourself in order or get out first.

Re: Twitter’s mass layoffs have begun

#129
Looking at how Musk handles business and public comms makes me loose more and more respect for this guy with every passing second. It's all fun and games when you have a few hundred mills in the bank. Hopefully the people that left were prepared. Given his public behavior it was kind of expected. I'm not sure if people that stayed are now worse or better off.

Re: Twitter’s mass layoffs have begun

#130
post #95
post #89

Since apparently nobody else in the thread has any empathy for those who've lost their jobs, future access to healthcare (in the US and less civilized countries), and financial security, I guess I'll be the first: I feel bad for people who are laid off by the machinations of billionaires. I wish we lived in a society where it wasn't optimal to act like raving lunatics will tear down every bit of security you have at…

All these people are making 200k a year and will have no problem finding another job.

6 months ago I would have agreed but it seems like the landscape has changed radically since then.
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