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Twitter to employees: all office buildings closed, badge access suspended

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Re: Twitter to employees: all office buildings closed, badge access suspended

#831

Here’s what I don’t understand. Elon has offered no vision for twitter 2.0, only the promise of hard work towards a nebulous goal. He then offered no equity in return for that hard work rebuilding the platform. Why would anyone stay? “Hey, do you want to work triple the amount of hours for me for the same pay?” I wonder if seeing Chinese companies and Chinese factories work has warped his judgement. Without a vision…

Remember this is a guy who thinks AI is real. His IQ is very low.

Re: Twitter to employees: all office buildings closed, badge access suspended

#832

Here’s what I don’t understand. Elon has offered no vision for twitter 2.0, only the promise of hard work towards a nebulous goal. He then offered no equity in return for that hard work rebuilding the platform. Why would anyone stay? “Hey, do you want to work triple the amount of hours for me for the same pay?” I wonder if seeing Chinese companies and Chinese factories work has warped his judgement. Without a vision…

> Why would anyone stay? “Hey, do you want to work triple the amount of hours for me for the same pay?” Probably even less pay. No more stocks (and if: limited ways of selling ... unless Musk manages to execute a massive pivot and then go public again)

He could give out stock. Anyone staying by choice (not forced like an h1b), has to buy into the vision that their 'hardcore' work will eventually make Twitter public again. Effectively rebooting the company as a startup.

IMO, given EM's antics, he's making the base pay of anyone he hires go up, not down. I can't imagine what he's going to have to pay the CEO he says he's going to put in place at Twitter.

Re: Twitter to employees: all office buildings closed, badge access suspended

#833
post #375

>In addition to the payroll team being gone, Twitter's entire US tax team is gone, I'm told, along with its financial reporting team. Not great. https://twitter.com/HaysKali/status/1593449877094047744

It doesn’t matter. They aren’t public anymore and Elon Musk has tons of finance and tax people across his business empire. You think a guy worth hundreds of billions doesn’t have a team of finance people?

Not op, but I actually don't think that a guy who apparently likes to trim the fat has a bunch of finance people around who have enough free time to do payroll and reporting for a 44 billion dollar company that was just acquired and is in the process of letting go thousands of employees.

Re: Twitter to employees: all office buildings closed, badge access suspended

#834

Between FTX and Twitter, I've run out of popcorn, and the local grocers are out of stock. I think the best tweet on that thread is [0]: "I was laid off from Twitter this afternoon. I was in charge of managing badge access to Twitter offices. Elon just called me and asked if I could come back to help them regain access to HQ as they shut off all badges and accidentally locked themselves out." I'm not sure if it's true…

That’s a comedian dude

Re: Twitter to employees: all office buildings closed, badge access suspended

#835

Earlier quoted context omitted.

And the people looking at your resume later. Staying at Twitter now will need a darn good explanation, otherwise I guess the assumption is you buy into this BS, or you need your visa. If you need your visa I get it, otherwise that is a stain on your resume

What percentage of tech folks are on h1-b. 20% seems about right. Makes sense that some people had to check that box.

Much closer to 50%.

Re: Twitter to employees: all office buildings closed, badge access suspended

#836
Anecdotally, it's been interesting to me to watch how quickly my Twitter social network is rebuilding itself on Mastodon.

Twitter and its ilk don't have their hardest challenges in the technical space; they have their hardest challenges in the same space as the SCA. "You rule because they believe."

Re: Twitter to employees: all office buildings closed, badge access suspended

#837

Earlier quoted context omitted.

> Why would anyone stay? “Hey, do you want to work triple the amount of hours for me for the same pay?” Probably even less pay. No more stocks (and if: limited ways of selling ... unless Musk manages to execute a massive pivot and then go public again)

He could give out stock. Anyone staying by choice (not forced like an h1b), has to buy into the vision that their 'hardcore' work will eventually make Twitter public again. Effectively rebooting the company as a startup. IMO, given EM's antics, he's making the base pay of anyone he hires go up, not down. I can't imagine what he's going to have to pay the CEO he says he's going to put in place at Twitter.

Yes, he could give out stock, but for that being valued bei the employees they have to buy in into the vision, which currently seems to be missing. (Is there a chance for a payment app (haha, Musk and banking regulation) or the "everything app" like WeChat? Those seem to be his ideas ...)

Re: Twitter to employees: all office buildings closed, badge access suspended

#839

Here’s what I don’t understand. Elon has offered no vision for twitter 2.0, only the promise of hard work towards a nebulous goal. He then offered no equity in return for that hard work rebuilding the platform. Why would anyone stay? “Hey, do you want to work triple the amount of hours for me for the same pay?” I wonder if seeing Chinese companies and Chinese factories work has warped his judgement. Without a vision…

His mentality might be that it's too late to go back and the company is probably going to fail anyway. So he has to radically change the workforce and the culture there. So he's throwing stuff at the wall to see what sticks apparently. While that might improve overhead costs eventually, I don't see how it's going to result in a platform that gets the moderation/censorship balance correct while keeping the advertisers happy.
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