111–120 of 416 posts
8.4% or 159 employees is a lot of people, this will be long-remember at this company. On the other hand, most companies easily have at least 20% headcount overhead, so it'll be okay.
twitter fired a lot more % and it's still working
TBH, I'm surprised they had almost 2000. I would've thought they'd be around the 500 mark.
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But they have a job, they're not being compensated for being let go, they're being compensated for voluntarily leaving.
Usually the only thing that can be done during job verification is: - did they work there? - can they be rehired? If the second is a "no" it usually isn't good news (usually, that only happens when you're fired 'for cause', at least in the US). So, it isn't as pretty as an offer as you'd think.
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Twitter was profitable just before Elon purchased it and gutted it. So far his plan is not working.
I was curious if this is true or not. Found this: https://www.investing.com/academy/statistics/twitter-facts-s... which came from before Twitter went private. It's technically correct that they did make a profit (e.g. 2022 Q1), but also made a lot of loss (e.g. 2022 Q2). Comparatively, it's hard to find information about Twitter now. Most news articles mocks the revenue, but has no information about profit. However,…
I'm surprised more didn't take the offer. Maybe they have a better package of shares in the company that's worth the wait? Otherwise it seems like a great offer to take even if you've enjoyed working there and support Matt and his public meltdowns.
TBH, I'm surprised they had almost 2000. I would've thought they'd be around the 500 mark.
As of today we are 1,733. But that may go up soon, we are hiring aggressively to fill roles of some people who left and meet increased customer demand! https://automattic.com/work-with-us/
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twitter fired a lot more % and it's still working
Twitter revenue is down 84% and is continuing to collapse every month. If that is "Working", then I'd love to laugh at your definition of failing :D
Sure, it has been plagued by the occasional random errors and downtime ever since Musk came in, but I don't expect most companies to remain operational on a technical level when 80% leaves.
An important lesson for tech companies: hire strategic H1B employees throughout your company so when times are real tough, you're sure you can maintain operations with desperate staff that can't afford to leave.
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Seems like another CEO/lawyer misstep. Why offer the same package for someone who started 2 days ago? Someone could've made "Length worked at company" as a factor in the maths. A 30K budget would make a very nice 6 months vacation indeed...
I would assume most Automattic employees are paid substantially more than $60k / year, so few people will be getting only 30k. At least in big American cities, $60k is a bus driver's salary.
TBH, I'm surprised they had almost 2000. I would've thought they'd be around the 500 mark.
As of today we are 1,733. But that may go up soon, we are hiring aggressively to fill roles of some people who left and meet increased customer demand! https://automattic.com/work-with-us/