341–350 of 458 posts
Wild prediction: Twitter will continue to work as it did even after that ~80% workforce haircut. Make of that what you will.
Twitter certainly had bloat, but separating the fat from the critical healthy connective tissue requires care, which has clearly not been spent here.
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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.
> They don't have stock? Twitter is a private company now. Not sure if you missed the news that this guy named Elon Musk bought the whole company. > 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. I think the issue most people are taking with this is that…
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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.
Having illiquid shares in a company that has already gone through most of its growth is completely unappealing. 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…
There are lots of reason to own stock besides speculative growth. Taking part of profit as dividend is the most obvious reason.
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I was thinking of double time (hence talking about effective comp), I didn't see mentions of salary being cut but mayhaps I just missed it?
I think the salary hasn’t been cut, but the value of the stock (options) are probably very different now
And while they might get a lump sum for whatever equity they held, that's money in the bank and no longer a carrot.
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Twitter is collapsing so quickly and in such spectacular fashion that it would probably be better to have some sort of permathread that consolidates the latest updates on Twitter. At the rate it's going, Twitter may be spared all of the lawsuits coming its way simply by virtue of not existing by the time the lawsuits can come to fruition.
Website and app working fine for me. Don't really see this "spectacular collapse" everyone seems to wish would happen
I put in the request to download my data last night -- not because I'm leaving Twitter, but just as a precaution -- and I wonder if it will be fulfilled. I'm sure it's an automated process, but will the systems be running by the time it gets to my request?
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I was thinking of double time (hence talking about effective comp), I didn't see mentions of salary being cut but mayhaps I just missed it?
Stock, "$400" lunches, remote option, etc. Everything that's not a paycheck seems slashed.
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A Tesla has to work for the driver, passengers, the others on the road, pedestrians, the road itself - these are new problems never encountered before that Elon is tackling head-on. If you consider every person on the world to be connected (if they are physically touching the ground), a Tesla has to literally work for those billions of people.
A Tesla in Los Angeles does not have to work for a pedestrian in New York.
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A Tesla has to work for the driver, passengers, the others on the road, pedestrians, the road itself - these are new problems never encountered before that Elon is tackling head-on. If you consider every person on the world to be connected (if they are physically touching the ground), a Tesla has to literally work for those billions of people.
A Tesla in Los Angeles does not have to work for a pedestrian in New York.
Again, these are brand new problems that Elon is solving, so they may be hard to parse due to how forward-looking he is.
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I would guess, though I don't know for sure, that having your hero buy your company and then fire a bunch of your friends and valued colleagues seemingly arbitrarily, including entire teams that exist for actual reasons, probably would dampen your opinion of him somewhat. Like, I like Steve Jobs, he could be a dick sometimes but I think he had the right idea and the right vision overall, but if he came in and bought…
> if [Steve Jobs] came in and bought my employer and then just started firing whole teams and fucking up the product while taking away perks and demanding more work Isn't that pretty much what Steve Jobs did when he came back to Apple as CEO? "Ultimately, Jobs axed more than 70 percent of Apple’s hardware and software products." "His product cuts resulted in the layoffs of over 3000 employees" "Jobs managed to force…
I assume, for example that Apple didn't need as many finance people after the cuts, but he didn't manage to make the whole department quit in disgust.
Did Musk describe 'Breakthrough Twitter 2.0' in a separate message that hasn't been made public? "Stay at Twitter because we're moving to 80 hour work weeks and cancelling Christmas" can't be the argument by itself, right? It's got to be something like "Stay at Twitter because we're building exciting new project X, but we'll need 80 hour work weeks to pull this off..."