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Twitter’s mass layoffs have begun

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Re: Twitter’s mass layoffs have begun

#963

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 /…

Those threads are gold!

“Maybe we don't talk twitter on twitter”

“Satya: Thx for the chat. Will stay in touch. And will for sure follow-up on Teams feedback!”

“jack [presumably Dorsey]: I'm off the twitter board mid May and then completely out of company. I intend to do this work and fix our mistakes. Twitter started as a protocol. It should have never been a company. That was the original sin.”

Larry [Ellison; Oracle] I agree that it has huge potential... and it would be lots of fun Elon: Absolutely:) [2022-04-26] Larry: Since you think I should come in for at least $2B... I'm in for $2B

Re: Twitter’s mass layoffs have begun

#964
post #850

There's an asymmetry here where Twitter and other companies get blamed for layoffs, but didn't get praised for providing highly paid jobs that put their employees in the top 1%. Even Stripe just had layoffs and they are a much more productive, tighter run ship. Twitter cutting deeper than Stripe shouldn't be surprising. It's not a secret that they were overstaffed and are known for rest & vest. This goes way back. In…

Agh, I WISH tech companies provided jobs that put employees in the top 1%. The truth is that in an era of gigantic wealth inequality, being in the top 1% of income doesn't mean shit. I may make good money, but when I can't even afford the shittiest studio apartment in town and I have no choice but to be a renter bitch, it doesn't make me feel rich at all.

No post body was provided.

Re: Twitter’s mass layoffs have begun

#965
post #924

> Musk’s team has already tried to evaluate the productivity of Twitter employees by asking engineers to print out the code that they have written in the last 30 to 60 days. Musk also brought in Tesla engineers to look over Twitter code. At one company I worked we had a bug in the software for the device we were manufacturing. There were millions of units at peoples' homes and the bug caused couple hundred of these u…

If I had planned and written those two characters, I would have appended a comment like yours and any sensible engineer would have praised the solution. It’s fairly obvious their metric isn’t «number of lines of code».

My point is, looking at the code you are unlikely to be able to judge the value of it.

Code is not valuable in itself. Code is liability because it costs a lot now and will have to be maintained in the future.

Frequently, best solutions and decisions are the ones that result in avoiding to write any code.

As to code, I put a lot of effort into solving complex problems with simple code. Anybody can write complex code. It takes experience and effort to make stuff look simple.

Re: Twitter’s mass layoffs have begun

#966

Earlier 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…

> Freedom of speech is an ideal that applies to all people and all spaces, public and private Private spaces? Nonsense. You can't go in to a restaurant and start ranting about the Jews or whatever, and then say that they're violating the "ideal of free speech" when they kick you out. Free speech means you get to espouse an idea, not force people to hear it. The disagreement is about whether Twitter is a public or pri…

Freedom of speech isn't a law, it is a concept. If you are in a private space and insult someone, they may choose to not 'turn the other cheek'. Does that mean 'turning the other cheek' can't be applied in private spaces? They are both concepts, not laws.

Re: Twitter’s mass layoffs have begun

#967
very exciting times. taking Twitter out of the hands of the woke mob seems to be a real chance to create a useful social network again.

we currently do not have a proper social network:

* Twitter is infested by bots * Facebook is a ghost town for our parents * Instagram is just for narcissists in yoga pants * TikTok is literally a Chinese cyberweapon designed to degenerate western youth

Reddit is somewhat OK, I guess, but like HN, feels too anonymous and therefore not very social.

Re: Twitter’s mass layoffs have begun

#968
post #700

Earlier 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…

And freedom of speech also includes to the rights of private individuals and companies to determine what they share on their own platforms, and what they can or cannot be compelled to host or say.

Twitter is not a product designed to reflect the beliefs and opinions of the company. If it was some sort of editorial platform that argument would hold a lot more weight.

Re: Twitter’s mass layoffs have begun

#969

Why would any engineer stay at this point? Either, you still believe in the long term vision and that some day it make you rich or you can't find another job. Is the first choice even plausible now?

I also wonder this. But probably the answer is that it take a few weeks to months to find a new job.

.. also many I'm sure wanted to stick it out to cash their profit shares.

Re: Twitter’s mass layoffs have begun

#970

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 /…

Those threads are gold! “Maybe we don't talk twitter on twitter” “Satya: Thx for the chat. Will stay in touch. And will for sure follow-up on Teams feedback!” “jack [presumably Dorsey]: I'm off the twitter board mid May and then completely out of company. I intend to do this work and fix our mistakes. Twitter started as a protocol. It should have never been a company. That was the original sin.” Larry [Ellison; Oracl…

Ok, what if Twitter was a protocol instead of a centralized operation run by a company? (Is this what Jack was getting at?)

The implications would be many -- and I'm skeptical scalability and the user experience would be comparable. Any good writings on this?

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