Musk and friends compare Twitter to other tech companies and see that it's ratio of employees to revenue is lowest. He therefore thinks he must halve the number employees and/or increase revenue to get this ratio up. From the chat log exhibits from the Twitter vs Musk case: https://danluu.com/elon-twitter-texts/#47 A VC (Jason Calacanis) does back of the envelope calculations: Twitter revenue per employee: $5B rev /…
Twitter’s mass layoffs have begun
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Re: Twitter’s mass layoffs have begun
#612A lot of the tweets that are quoted in the article have been removed. For example, Twitter employee Cristina Angeli is mentioned in the story for having tweeted an image of "staff members... flooding an internal Slack channel with blue heart emojis as they wait to learn their fate tomorrow", but that tweet is deleted on twitter itself because "This Tweet violated the Twitter Rules." This is ironic if you consider all…
> This is ironic if you consider all the complaining that Musk does in the public sphere about "freedom of speech" (I know that the first amendment only applies to government censorship, but Musk likes to pretend not to) It’s not ironic or remotely unexpected if you’ve taken notice of any of his actual actions involving freedom of speech.
Re: Twitter’s mass layoffs have begun
#613Sorry to say this but comments on this thread are very disappointing and show a basic lack of empathy in HN crowd. I am obviously generalizing and I know most of you are not heartless souls. FFS people, a huge number of people have lost their livelihoods, sense of belonging and might fall into financial hardships in current market conditions. Whatever you think of Elon or Twitter employees, its good to be grounded in…
Twitter workers are highly intelligent and the current pity party for them is unseemly. Everyone in the industry saw a day coming when the music would stop, whether because of economic changes or automation, but no one chose to act.
Re: Twitter’s mass layoffs have begun
#614Re: Twitter’s mass layoffs have begun
#615When there were layoffs at Etsy back in 2017, one of the unintended consequences were that a lot more people quit voluntarily afterwards. Attrition was a lot higher than expected. I have to believe that the people who remain are not all going to want to stay at the company that Twitter is becoming, whether it be for lack of institutional knowledge, peer support, or just because they liked their coworkers and are sad…
But we aren't in that scenario any longer. People who remain will find it much more difficult to find a good job somewhere else as more and more companies are freezing hiring. This could go on for awhile.
Re: Twitter’s mass layoffs have begun
#616Earlier quoted context omitted.
> "freedom of speech" (I know that the first amendment only applies to government censorship, but Musk likes to pretend not to) Freedom of speech is not the first amendment and vice versa. Freedom of speech is an ideal that applies to all people and all spaces, public and private, while the First Amendment only applies in America and to the government. People think they sound smart when they say freedom of speech onl…
Every time this debate comes up, someone suggests that companies like Twitter are in violation of the first amendment when they remove a user's post. To me they often sound like the ignorant ones.
[0]https://theintercept.com/2022/10/31/social-media-disinformat...
Re: Twitter’s mass layoffs have begun
#617I'm personally quite curious how much alignment there is between Jack and Elon, and yet.. Jack was the CEO not too long ago. Jack didn't fix a lot of the things Elon is worked up about. Which makes their communication and cooperation perplexing.
Re: Twitter’s mass layoffs have begun
#618Earlier quoted context omitted.
In a few years, if not sooner, Twitter will be right there with Tesla/SpaceX in terms of resume cachet. Everyone will see their culture has been transformed to one of rigor and performance. The "A" players will surface and they will do more with half the staff (or less even) than they ever did with 7500 people... and it will be noteworthy. Musk will be in the mix heavy for about 6 months. He'll make executive hires t…
SpaceX and Tesla have no 'resume cachet'. They are widely known in engineering circles as hiring huge numbers of entry level or just barely above entry level engineers, exploiting their interest in technology to work them like rented mules until they burn out, and then discarding them. It's not a negative having worked at one of these places necessarily but unless the next employer is looking for an engineer with sou…
Among hiring managers at big companies, they absolutely do.
Re: Twitter’s mass layoffs have begun
#619A lot of the tweets that are quoted in the article have been removed. For example, Twitter employee Cristina Angeli is mentioned in the story for having tweeted an image of "staff members... flooding an internal Slack channel with blue heart emojis as they wait to learn their fate tomorrow", but that tweet is deleted on twitter itself because "This Tweet violated the Twitter Rules." This is ironic if you consider all…
Re: Twitter’s mass layoffs have begun
#620And the class action for WARN Act violations has already been filed. Sounds like the Chief Twit didn't give 60 days warning OR severance, as required by law. https://www.theverge.com/2022/11/4/23440304/twitter-mass-fir...
If you actually read the lawsuit - it was filed preemptively to ensure that Twitter give 60-days severance/notice period. There is no evidence listed in the suit that says these employees were not given such notice. Further, it specifically states that employees assumed that they were laid of without severance because they were locked out of their accounts and hadn't been yet presented a severance package. The lawsui…
I am not an expert on these things, but I believe this notice is required. I am surprised there is not an easier way to receive this information, this is certainly something I would want an alert set up on.