According to the email, Musk expects subscriptions to make up to 50% of revenue. Assuming that Twitter’s revenue is around $5bn, and the subscription is at $8/month that’s some 26M subscriptions, or 5,7% of its users. I don’t think that a number so high is achievable, unless they pull a rabbit out of their hat.
Musk’s first email to Twitter staff ends remote work
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Re: Musk’s first email to Twitter staff ends remote work
#352Interesting strategic window: You can't innovate and software engineer using 1950s style "butts in seats". Maybe this is a signal twitter isn't going to innovate, develop, and maybe even operate, internally, at least going forward. You need code for a new feature? Buy a startup that already wrote it. You need to keep something running? Contract out instead of employees. Very few companies have a full time plumber or…
>Interesting strategic window: You can't innovate and software engineer using 1950s style "butts in seats" what is this statement based on?
Factory production lines
Re: Musk’s first email to Twitter staff ends remote work
#353Let's say you run a company and you want to reduce staff. Let's also say you want to make an unpopular decision (or multiple unpopular decisions) that you know will drive a certain percentage of your staff to leave the company. Wouldn't it make the most sense to announce those decisions before making layoffs? Let people self select whether they want to stay and work for you and then make your layoffs after to ensure…
A long standing maneuver that companies have is the "your job is now in Houston" when you live in New York. This has an interesting side effect of basically removing anyone from your company who is old enough to have a family with kids in school, wife working etc. Basically it "legally" removes the older more expensive employees. RTO will remove people also like you said, but I wonder what demographic?
Re: Musk’s first email to Twitter staff ends remote work
#354Earlier quoted context omitted.
Related, what are the odds that Musk would be cool with any Twitter employee taking multiple other full-time jobs at the same time?
I mean he seems totally fine with it, Tesla engineers are working at Twitter at Tesla investors' expense.
Whats to say those engineers aren't taking PTO time or a leave of absence and getting paid a consulting rate by Elon/Twitter?
Re: Musk’s first email to Twitter staff ends remote work
#355I would make them fire me, then file for unemployment.
Re: Musk’s first email to Twitter staff ends remote work
#356Earlier quoted context omitted.
Jason: Back of the envelope... Twitter revenue per employee: $5B rev / 8k employees = $625K rev per employee in 2021 Google revenue per employee: $257B rev2/ 135K employee2= $1.9M per employee in 2021 Apple revenue per employee: $365B rev / 154k employees= $2.37M per employee in fiscal 2021 Jason: Twitter revenue per employee if 3k instead of 8k: $5B rev/ 3k employees= $1.66m rev per employee in 2021 (more industry s…
Twitter employees: “we’re going to vote to unionize” When you have nothing left to lose, why wouldn’t you? It brings the federal government in to provide support, on their dime no less. Worst case is everyone leaves, the NLRB finds against Musk, and he has to give folks their jobs back while Twitter is burning. “The strongest steel is forged in the fires of a dumpster.”
Why do that as opposed to leaving and competing against him if they have a better idea of how to operate a social media site? His naysayers are convinced he's going to destroy it anyway.
Re: Musk’s first email to Twitter staff ends remote work
#357Everytime a new Commanding Officer (CO) showed up when I was in the Navy we tried to bet which type it was:
1) The kind who investigated the goings-on in the ship, interviewed the officers and chiefs, and learned how the ship was being run, then made small changes over time to optimize the operations based on what they learned. Sometimes big changes in one specific area, if it was required (like fixing the ship's crypto key material protocols, if they are super fucked up).
2) The kind who came in and ran roughshod over the whole ship, made a bunch of big changes and policy decisions, and generally acted like they owned the place in order to fulfill a pre-concieved vision they had of how things should be.
With 1, we were happy because there are always improvements to an org, but the best people to know those improvements are those who know the org. These commanders always resulted in a better command overall by the end of their tenure, bar none.
With 2, we were sad, because suddenly mistakes were being made everywhere in order to try and fit into the "vision", and thus reduced morale due to the massive changes and the constant failures. I saw 2 of these and both failed miserably and brought the command down lower than it should/could have been. One of those was on a great ship that performed so flawlessly that we were always sent on the most important assignments, and after I left I learned the ship fell into disrepair and could no longer even get underway, due to mismanagement. That guy came in and basically made me decide to get an early re-assignment and 3 of my friends on that ship left the Navy completely because of him.
Re: Musk’s first email to Twitter staff ends remote work
#358Let's say you run a company and you want to reduce staff. Let's also say you want to make an unpopular decision (or multiple unpopular decisions) that you know will drive a certain percentage of your staff to leave the company. Wouldn't it make the most sense to announce those decisions before making layoffs? Let people self select whether they want to stay and work for you and then make your layoffs after to ensure…
I think you have it backwards. This is how you accomplish a 75% reduction while only having to lay off (and pay severance for) 50%! Musk again playing 4d chess.
Forcing people who were told they can work fully remote in their employment agreement to work in the office is treated as a constructive dismissal in the U.S.
As this constructive dismissal is clearly part of the mass layoffs, they would also be subject to the 60 days notice under the WARN Act (or 60 days pay to waive notice).
Re: Musk’s first email to Twitter staff ends remote work
#359Re: Musk’s first email to Twitter staff ends remote work
#360> over the next few days, the absolute top priority is finding and suspending any verified bots/trolls/spam. Would it improve the situation to simply require a CAPTCHA once per day per non-subscriber to tweet? I would think it would greatly increase the cost to operate a troll farm, but have minimal impact on real users (setting aside accessibility and third-party clients a moment). If it causes attrition because som…
You’d need to do this TO the subscribers because the problem he’s trying to address is that now there’s a bunch of fake people with a “verified” status who are running scams on people or polluting news (like Fake Verified Labron James trade news going wild before realizing, wait, it’s a fake).
So then the downside is that you start bouncing people because is a checkmark worth getting captchas? Or maybe you put captchas on everyone so that the experience blows for everyone, and pray it helps?
Or maybe you just don’t conflate paying $8 with being “verified”, unless you’re gonna, yknow, verify something.