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Twitter now asks some fired workers to please come back

moneycontrol.com

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Re: Twitter now asks some fired workers to please come back

#91

Post by skissane »

TheOtherHobbes wrote: post #62
squokko wrote: post #41

Earlier quoted context omitted.

But the clear difference is that Musk is very clearly an extremely high IQ guy. Trump and Ye have incredible skills in their domain but Musk has really high general intelligence, but is clearly fucking this up beyond anyone's expectations.

IQ is about processing speed, not processing quality. If you're operating outside of your competence with limited awareness and inaccurate contextual assumptions you can be super-smart and still make incredibly stupid decisions.

> IQ is about processing speed

That’s not true-processing speed is just one component of IQ. Some people can have below average processing speed but be in the gifted range in other IQ components. (e.g. on WISC-V, high GAI but low PSI). It is actually reasonably common among people who are gifted but also have ADHD/ASD/OCD/etc

Re: Twitter now asks some fired workers to please come back

#92

Post by smcl »

bearmode wrote: post #88
LadyCailin wrote: post #5

I just really don’t understand how this whole situation has been this badly mismanaged. I fully believe his original offer to be a troll, but then he got stuck with it, but he has since so mismanaged this entire affair that I simply can’t understand how. Is the guy surrounding himself with idiotic advisers? Has he just gotten so far from reality that he can’t make reasonable predictions? Has he gone off some meds? It…

>I just really don’t understand how this whole situation has been this badly mismanaged. I fully believe his original offer to be a troll You don't make a formal offer as a troll He's always been an awful person; the cult that has developed around him just inflated his ego. Here's the result.

Well you or I wouldn't make a formal offer as a troll, but someone like Elon Musk might believe they could pull off something like formally offering to buy a company for an epic-bacon-lol share price and then pull out before having to follow through (and god knows he tried to)

Re: Twitter now asks some fired workers to please come back

#93

Post by pjc50 »

rob74 wrote: post #85

> “Regarding Twitter’s reduction in force, unfortunately there is no choice when the company is losing over $4M/day,” Musk tweeted on Friday. The real question here is probably why anyone would pay 44 billion dollars for a company losing 4 million dollars per day. I mean, it's not some promising startup, it's a company that's been around for a while and has only managed to be profitable for 2 years out of the last 12…

Take note of the detailed proposal: https://d18rn0p25nwr6d.cloudfront.net/CIK-0001418091/ee07b45... (from https://www.zdnet.com/article/musk-did-not-seek-due-diligenc... ) : page 49

"Mr. Musk also disclosed that his acquisition proposal was no longer subject to the completion of financing and business due diligence"

For whatever reason, probably his rising annoyance with Twitter, he decided to skip due diligence and rush the deal.

Re: Twitter now asks some fired workers to please come back

#94

Post by pjc50 »

nixcraft wrote: post #35
fabian2k wrote: post #18

The interesting parts it going to be how many people that are important to keeping Twitter running are going to quit in addition to the fired ones. It's not going to be a nice place to work for, so those people that are financially well off and those that can get good jobs somewhere else are probably considering their options right now.

The whole thing could have been avoided if Twitter/Elon had done it step-by-step instead of terminating staff in bulk. Everyone in tech is reducing headcount, but Elon likes to do stuff on a grand scale. He needs a human Twitter firewall (social media team who can say "NO") to verify each Tweet before sending it, causing chaos every day. But what do I know? I have never been CEO, so I have no idea.

He just spent $44 billion to eliminate any firewall between him and his audience. His whole thing is turning a dashed off thought on Twitter into a binding commitment that causes dramatic changes.

Re: Twitter now asks some fired workers to please come back

#95

Post by syrgian »

squokko wrote: post #41
Traubenfuchs wrote: post #16

Earlier quoted context omitted.

> I just really don’t understand how this whole situation has been this badly mismanaged. You and almost the whole world. There are still some people left believing him to play some kind of genius 4D chess. Same thing happens for Trump and Ye.

But the clear difference is that Musk is very clearly an extremely high IQ guy. Trump and Ye have incredible skills in their domain but Musk has really high general intelligence, but is clearly fucking this up beyond anyone's expectations.

Do you have any indisputable example of this? (as in quick, smart reasoning in real time, so it could not have been written by someone else). It makes sense to me that he would be smart as in raw reasoning capacity, but all the content I have been linked him to made him look pretty normal or even less smart than the average career engineer.

Re: Twitter now asks some fired workers to please come back

#96

Post by regular »

IceDane wrote: post #84

This is going about exactly as terrible as you'd have guessed it would. Usually there is some redeeming thing, but it doesn't look like there is in this case. When they started the layoffs, and with such short notice, I just knew there was a 0% chance that they'd happened properly and with proper preparation. There's going to be so much domain knowledge and expertise that's been lost, and half the teams are probably…

No post body was provided.

Re: Twitter now asks some fired workers to please come back

#97

Post by dncornholio »

Sakos wrote: post #20
LadyCailin wrote: post #5

I just really don’t understand how this whole situation has been this badly mismanaged. I fully believe his original offer to be a troll, but then he got stuck with it, but he has since so mismanaged this entire affair that I simply can’t understand how. Is the guy surrounding himself with idiotic advisers? Has he just gotten so far from reality that he can’t make reasonable predictions? Has he gone off some meds? It…

From the guy who managed to launch Starlink and currently runs the most successful/effective space launch provider, it's so bizarre seeing him fumble Twitter so badly. Has something changed about him or has he always been this way and the space industry was just less conducive to drawing out his batshit crazy?

"Hyperloop", "Boring company", "Self driving cars by the end of this year", "Tesla truck beat rail", "Sells flamethrowers".

I'll rest my case.

Re: Twitter now asks some fired workers to please come back

#98

Post by stefan_ »

rob74 wrote: post #85

> “Regarding Twitter’s reduction in force, unfortunately there is no choice when the company is losing over $4M/day,” Musk tweeted on Friday. The real question here is probably why anyone would pay 44 billion dollars for a company losing 4 million dollars per day. I mean, it's not some promising startup, it's a company that's been around for a while and has only managed to be profitable for 2 years out of the last 12…

$3M of that daily loss is just in paying interest on the $13B of debt he loaded up the company with to pay off the old shareholders

Re: Twitter now asks some fired workers to please come back

#99

Post by 2muchcoffeeman »

garbagetime wrote: post #90
thirdvect0r wrote: post #83

Earlier quoted context omitted.

Obvious sealioning

I'm sad that you took my comment that way. In fact I'm simply trying to suggest that many people's views in this thread on Elon's management of Twitter are severely underdetermined by the evidence.

I think it’s clear that this is definitely a waste of 44billion. What a staggering amount of money. But I think Twitter has more leeway than people think.

First of all, the vast majority aren’t just going to move. The celebrities won’t because their followers are still on it. Everyone else won’t because by all accounts Mastodon isn’t as easy to signup with as twitter (I’ve not tried, and don’t care enough to to). And they rest of us just kinda read twitter and frankly don’t care if it crashes and burns.

All the big accounts I follow, simply started cross posting. So I expect nothing much to happen.

However given how much attention Twitter gets, even appearing in the news, and possibly swaying public opinion, I might be eating my words if it maintains popularity but turns into a dumpster fire.

Re: Twitter now asks some fired workers to please come back

#100

Post by [deleted] »

rob74 wrote: post #85

> “Regarding Twitter’s reduction in force, unfortunately there is no choice when the company is losing over $4M/day,” Musk tweeted on Friday. The real question here is probably why anyone would pay 44 billion dollars for a company losing 4 million dollars per day. I mean, it's not some promising startup, it's a company that's been around for a while and has only managed to be profitable for 2 years out of the last 12…

[deleted]
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