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Twitter kills its San Francisco headquarters, will relocate to South Bay

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Re: Twitter kills its San Francisco headquarters, will relocate to South Bay

#11
post #10

[flagged]

Why is it important until the election and not after?

twitter is dying / becoming another truth.

pushing anyone that has differing views from the platform is leaving it as another right wing echo chamber.

It's already far from the bastion of information flow than it used to be, but still retains some visibility because of it's history and brand name. This value is dropping fast - I'm not the person that you are asking, but I strongly suspect by the time the next election rolls around, it's simply going to be irrelevant.

The list of most retweeted tweets is telling - one from 2024, other than that, they are all from years ago,

https://en.wikipedia.org/wiki/List_of_most-retweeted_tweets

Re: Twitter kills its San Francisco headquarters, will relocate to South Bay

#13
post #7

I understand this is HN and many here love SF so can you explain to me how or why a company would want to have a physical location in downtown SF? It is expensive, higher tax, more regulations, all of which are often hated by a pure capitalist corporation. With the remote work push, the argument about talent pool is moot as well. IMO, moving out of SF is the correct choice. In fact, moving out of CA is also a correct…

SF offices are a leftover of the low interest rate cycle. It's ok when you can borrow money cheaply as a form of status symbol for your company, but it makes no sense when companies have to watch every dollar and actually turn a profit - especially with the growth of remote work.

I expect that companies will maintain bay area offices for investor relations and small teams of the absolute top talent, but do most hiring elsewhere over the years.

Re: Twitter kills its San Francisco headquarters, will relocate to South Bay

#14
post #10

Earlier quoted context omitted.

Why is it important until the election and not after?

twitter is dying / becoming another truth. pushing anyone that has differing views from the platform is leaving it as another right wing echo chamber. It's already far from the bastion of information flow than it used to be, but still retains some visibility because of it's history and brand name. This value is dropping fast - I'm not the person that you are asking, but I strongly suspect by the time the next electio…

[flagged]

Re: Twitter kills its San Francisco headquarters, will relocate to South Bay

#15
post #7

I understand this is HN and many here love SF so can you explain to me how or why a company would want to have a physical location in downtown SF? It is expensive, higher tax, more regulations, all of which are often hated by a pure capitalist corporation. With the remote work push, the argument about talent pool is moot as well. IMO, moving out of SF is the correct choice. In fact, moving out of CA is also a correct…

>With the remote work push, the argument about talent pool is moot as well.

Isn't Elon massively anti-remote?

Re: Twitter kills its San Francisco headquarters, will relocate to South Bay

#16
post #12

[flagged]

Obviously because the world revolves around US politics. What else could there be to talk about beyond politics.

The argument is that Elon’s purchase of Twitter was essentially to influence the elections.

I’m not sure how true that is, but it’s certainly possible and he’s definitely acting like it.

Re: Twitter kills its San Francisco headquarters, will relocate to South Bay

#18
post #15
post #7

I understand this is HN and many here love SF so can you explain to me how or why a company would want to have a physical location in downtown SF? It is expensive, higher tax, more regulations, all of which are often hated by a pure capitalist corporation. With the remote work push, the argument about talent pool is moot as well. IMO, moving out of SF is the correct choice. In fact, moving out of CA is also a correct…

> With the remote work push, the argument about talent pool is moot as well. Isn't Elon massively anti-remote?

Not only Elon Musk. Lots of companies are backtracking on full remote work. Statu quo seems to be hybrid work for many big companies.

Re: Twitter kills its San Francisco headquarters, will relocate to South Bay

#19
post #7

I understand this is HN and many here love SF so can you explain to me how or why a company would want to have a physical location in downtown SF? It is expensive, higher tax, more regulations, all of which are often hated by a pure capitalist corporation. With the remote work push, the argument about talent pool is moot as well. IMO, moving out of SF is the correct choice. In fact, moving out of CA is also a correct…

[deleted]

Re: Twitter kills its San Francisco headquarters, will relocate to South Bay

#20
post #10

Earlier quoted context omitted.

Why is it important until the election and not after?

twitter is dying / becoming another truth. pushing anyone that has differing views from the platform is leaving it as another right wing echo chamber. It's already far from the bastion of information flow than it used to be, but still retains some visibility because of it's history and brand name. This value is dropping fast - I'm not the person that you are asking, but I strongly suspect by the time the next electio…

[flagged]
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