151–160 of 458 posts
At this point, I'm kinda wondering if Musk's deal to finance the Twitter acquisition included some Brewster's Millions -style clause where he gets to keep the company and the $44B if the company goes bankrupt within 90 days.
In my opinion Elon miscalculated the type of people at Twitter. These aren’t people like the ones in Tesla or SpaceX where there is some sort of idealization of Elon. The number of fan boys he has at Twitter must be super low. None of the Twitter employees signed up to work for him, it’s pretty obvious from the public tweets that most of the staff has posted that they don’t have much respect for him. On top of that,…
Twitter? I'm sure twitter employees were proud of their work and doing things they believed meaningful, but not "halve your effective comp', in a company with all the joy of an abattoir, for a narcissistic egomaniac.
And if you're a rocket engineer, the field is way smaller. That means less competitors, but also less places to work at.
Software?
Earlier quoted context omitted.
> They don't have stock? They're a private company now.
Doesn't mean there is no stock. The stock isn't publicly traded, which makes it harder to sell, but Twitter has a bunch of shareholders (Saudi Prince and Jack Dorsey are known ones) and could give out shares to employees.
What is the value prop for a talented, high productivity employee to work at Twitter? The management hates its employees, seemingly hated the product, and doesn't even understand the business that he bought.
What's the upside for employees? There's a reason people were hanging up exactly at 5pm as Musk was giving his pitch to try to keep employees from bailing. He's offering a shit sandwich and he's not even good at selling it.
Earlier quoted context omitted.
They don't have stock? Also maybe don't say your employer is a "petulant man child" in Slack or otherwise undermine them and you'll be fine. The idea that an employer should keep people that actively dislike like him or her is insane.
If you are a leading developer on Twitter's Android app and the company's new CEO is making verifiably untrue, denigrating public statements about the architecture of the Android app that make you look incompetent, what do you do? Accept the damage to your professional reputation and roll over? Or "undermine" the CEO by explaining your app does not in fact make >1000 poorly batched RPC calls to render the timeline in…
I've always wanted to work for Musk, but never felt like I was skilled enough to work on spaceships or cars... But Twitter? I am thinking about applying, so go ahead and quit.
Earlier quoted context omitted.
I very much doubt that. Twitter must have had some bloat, but there's no way that 80% of the workforce was bloat. I'd be extremely surprised if Twitter(as in, the website/app, not the registered legal entity) still exists and works by the end of this year.
https://en.wikipedia.org/wiki/Pareto_principle
Wild prediction: Twitter will continue to work as it did even after that ~80% workforce haircut. Make of that what you will.
I'd further guess that 10-20% of their workforce was staying on top of regulations. If twitter works, but does not comply with the FTC consent order and gets fined out of business, that is not a technical failure but still is failure.
Large enterprises, especially those under consent orders, spend a TON of effort in compliance. Given that environment is constantly changing, there is net new work needed in almost a Red Queen effect.
Wild prediction: Twitter will continue to work as it did even after that ~80% workforce haircut. Make of that what you will.
But, if not, absolutely no harm will come of it. What would be the worst part of losing twitter entirely?
Wild prediction: Twitter will continue to work as it did even after that ~80% workforce haircut. Make of that what you will.
100% agree. Once the dust settles my prediction is productivity will also soar.
I ultimately feel like Musk went too hardball too fast. Twitter can definitely recover of course, but I think the road to doing so is going to be much longer and harder than it had to be.
Earlier quoted context omitted.
You're assuming that someone leaving immediately causes things to break down. A lot of things will take some time to see the effects of people leaving. Fire your entire payroll department. No one will notice... until the biweekly paychecks don't go out, and now your employees aren't getting paid. Fire badge security. No one will notice... until you need someone to make a new badge for a new employee. Fire your IT sta…
Also imagine job postings. Ignoring Elon for sake of discussion, it would be a big a big boon for my career to work at Twitter.. but when 80% of the staff left? I'd be worried onboarding would be a mess. That i'd be handed several projects that no one knows how they work or what the ramifications are. Ignoring all the red flags and focusing solely on onboarding sounds like misery.. not sure i'd want to take that job.…
And I'm not even sure it would be a big career boost to join twitter at this point. The way things are going there you'd probably be burned out pretty quickly which would mean a shortish tenure.