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Twitter’s mass layoffs have begun
321–330 of 1001 posts
Re: Twitter’s mass layoffs have begun
#322And so the grand experiment begins. I feel bad for the folks losing their job because that always sucks, and I hope there's a decent severance package. Now we'll see what happens to Twitter... I hardly use it, so if it implodes it won't bother me too much. But I am curious to see if all the "how do you need X people to do Y?" commenters are correct in this case. The app is simple but doing simple things at scale is h…
The reason he's laying off people. Due to his financing, he has to pay $1 billion per year just in interest.
"Love to borrow money to buy a company and then saddle that company with the debt so I can lay off thousands of people"
https://twitter.com/jasonschreier/status/1587457450311122945
Re: Twitter’s mass layoffs have begun
#323And so the grand experiment begins. I feel bad for the folks losing their job because that always sucks, and I hope there's a decent severance package. Now we'll see what happens to Twitter... I hardly use it, so if it implodes it won't bother me too much. But I am curious to see if all the "how do you need X people to do Y?" commenters are correct in this case. The app is simple but doing simple things at scale is h…
I'm curious how they decided who to fire and how they can do it so quickly without accidentally axing critical people.
Critical is mostly subjective to whom you ask. In one way everyone is critical, in another no-one is critical (Except E.g. Ive or Jobs).
That said, I would think they are axing critical people. Then struggle and either fix it or go under. Whenever I was involved in layoffs, critical people have been laid off (from my perspective).
As a manager I was forced to lay off critical people before M&A. Because they we're critical positions I did rehire the positions after acquisition.
Re: Twitter’s mass layoffs have begun
#324Since 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 must confess that I am finding it difficult to muster sympathy for them. And this coming from a man that despises Musk's behaviour, and wished he had been barred from buying Twitter. My reason being that during the pandemic, I repeatedly told people that my biggest fear was not the virus, but the economic collapse that would be the inevitable result of global lockdowns, and the authoritarian dystopia being shaped b…
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Re: Twitter’s mass layoffs have begun
#325And so the grand experiment begins. I feel bad for the folks losing their job because that always sucks, and I hope there's a decent severance package. Now we'll see what happens to Twitter... I hardly use it, so if it implodes it won't bother me too much. But I am curious to see if all the "how do you need X people to do Y?" commenters are correct in this case. The app is simple but doing simple things at scale is h…
I also wonder about the social effect. Twitter rapidly settled its position as some kind of global heartbeat.
Re: Twitter’s mass layoffs have begun
#326And so the grand experiment begins. I feel bad for the folks losing their job because that always sucks, and I hope there's a decent severance package. Now we'll see what happens to Twitter... I hardly use it, so if it implodes it won't bother me too much. But I am curious to see if all the "how do you need X people to do Y?" commenters are correct in this case. The app is simple but doing simple things at scale is h…
> Anyone want to make predictions about the state of Twitter in a few years? 1: Profitable 2: More signal, less noise 3: Significantly less misinformation 4: (Maybe) A reliable way to get news Personally, I'm eating popcorn on this one. I think Musk got himself in trouble for letting his big mouth yap, and he fired the execs as revenge. As a software developer who's seen good and bad organizations, I'm very curious a…
I think he will try to make it more "facebook like" in terms of moderation line, which is generally considered to be too rightwing by the MSM , and they will attack him viciously, like they attack FB. He either will sell it or it will be the new Yahoo, my bet is the former.
Re: Twitter’s mass layoffs have begun
#327THe issue we all have here is this: if Musk is successful then treating employees nicely will fall out of fashion. Tech was a bastion of "treat your employees right, and they'll be productive". Musk is not a proponent of that. He is a micromanaging, capricious, easily distracted, arrogant and vindictive CEO. If twitter thrives then we can expect copycats to try and spread his shitty work philosophy (like everyone ido…
> then treating employees nicely will fall out of fashion.
To other CEOs: you can make a distinction right there when you fire people and do not need to look to Musk.
Re: Twitter’s mass layoffs have begun
#328And so the grand experiment begins. I feel bad for the folks losing their job because that always sucks, and I hope there's a decent severance package. Now we'll see what happens to Twitter... I hardly use it, so if it implodes it won't bother me too much. But I am curious to see if all the "how do you need X people to do Y?" commenters are correct in this case. The app is simple but doing simple things at scale is h…
I think where elon will take twitter is a sort of idea -> project -> mass colaberation, society sized incubator, were news and policy discussions are just a byproduct. But may im just projecting. But it would make kind of sense, to have it all in one app, from pitch, to finance, to realization
Re: Twitter’s mass layoffs have begun
#329Since 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 must confess that I am finding it difficult to muster sympathy for them. And this coming from a man that despises Musk's behaviour, and wished he had been barred from buying Twitter. My reason being that during the pandemic, I repeatedly told people that my biggest fear was not the virus, but the economic collapse that would be the inevitable result of global lockdowns, and the authoritarian dystopia being shaped b…
Btw arendt is hella, hella racist. Look at her essay on little rock. No defense for that, and she's extremely overrated.
Re: Twitter’s mass layoffs have begun
#330Since 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…
Business in a free market is a constantly changing and chaotic system of creative destruction.