141–150 of 1001 posts
Consider the savings to add 15hr/wk of commute time to the onsite workforce. Yikes
Earlier quoted context omitted.
You might be right when it comes to employees, but definitely not when it comes to users. There's a lot of people using X, and the vast, vast majority of them don't care much for Musk or actively dislike him. THe problem with X is that it is (and always was) sort of an echo chamber, there's no average X user, everybody sees very different content based on what they follow. The average HNer probably won't notice the h…
I'm only on Twitter for Sport, but deranged political content tends to infect even that more regularly, so i finally bite the bullet and gave my data to Zuck through Instagram where I don't have to read conspiracy on athletes I actually like.
when you stop dwelling on the random hot yoga posts while scrolling, after an ad scroll by, they will pump it up to other engagement content to feed the pavlovian cycle.
It’s been a while since we had sf offices, but back when we did sf had a pretty aggressive additional payroll tax and gross receipts taxes. I’d imagine this is likely a factor in the decision. I know for a while they were waiving some of these taxes for companies who set up offices in certain parts of the city. E.g. zendesk got a big tax break for its market street location near the tenderloin. As for commutes, I’d b…
About 10 minutes later also via Slack the CEO announced not to worry it was simply one drug dealer shooting another drug dealer in the back. Everyone could return to their desks.
I never understood why the company would put its employees in danger until the parent comment.
Earlier quoted context omitted.
Until Boring Company sets up multiple pickup points with Loop and Hyperloop tunnels; then will arguably be a max 20-30 minute ride. The dynamics of travel will dramatically change multiple industries, save for if the status quo establishment and industrial complexes through regulatory capture prevent the rapid expansion of the paradigm shift in transport that Boring Company is rapidly developing; the technology of wh…
Hey dang, what exactly in my comment above warrants -5 (or more) downvotes?
I don't know US commutes, or US geography too well. But it seems these two locations are about 45mins-1hr drive from each other. Where do folks actually live in those areas? Is it that a 30min drive north to San Fran becomes a 30min drive south to San Jose?
People actually live everywhere in the Bay Area, and do every commute, and there is extensive mediocre transit in the South Bay. Commuting Santa Cruz into town, Livermore into town, every single suburb has people going to San Francisco, or to another suburb, or San Jose, or Oakland. In heavy traffic they are much longer than 1 hr apart, and the fastest train is 1hr 10min iirc.
Earlier quoted context omitted.
More like the easy commute you had in San Francisco on muni (the bus and subway network of San Francisco) becomes an annoying hour and a half-long commute on bart (The regional train system) with 2-3 transfers
Until Boring Company sets up multiple pickup points with Loop and Hyperloop tunnels; then will arguably be a max 20-30 minute ride. The dynamics of travel will dramatically change multiple industries, save for if the status quo establishment and industrial complexes through regulatory capture prevent the rapid expansion of the paradigm shift in transport that Boring Company is rapidly developing; the technology of wh…
Earlier quoted context omitted.
I cannot understand why anyone would work there, especially in office. but each their own.
I have him blocked but the CEO has 200 million followers. Even assuming 20% are real people, I'd imagine there's quite a few of those who'd love to work at his company.
Earlier quoted context omitted.
They've already cut about 80% of their workforce since Elon took over, I'm not sure how much more attrition they can take. Sure the site still mostly works in the technical sense, but the way it works now has led to a significant decline in revenue and active users.
They've cut out things like viewing who liked a tweet etc (for cost savings I suspect) so the site is probably dirt cheap. Can't imagine ads don't pay for the cost of running servers at this point, and a headcount reduction might bring it to profitability.
[1] Though with the NYT reporting that the American ad revenues was down 80% to $114M/quarter since the acquisition it might not be so obvious.
It’s been a while since we had sf offices, but back when we did sf had a pretty aggressive additional payroll tax and gross receipts taxes. I’d imagine this is likely a factor in the decision. I know for a while they were waiving some of these taxes for companies who set up offices in certain parts of the city. E.g. zendesk got a big tax break for its market street location near the tenderloin. As for commutes, I’d b…
Here's one summary of it as of last year:
> The infamous "Twitter tax break" provided by former Mayor Ed Lee to lure companies, including Twitter, to mid-Market by exempting them from a portion of their payroll taxes, had its sunset in 2019. Many argued that it did little to revitalize mid-Market — and certainly Twitter former fancy cafeteria didn't help in terms of workers spending money at local businesses — and it just ended up costing the city about $10 million a year in lost revenue. > https://sfist.com/2023/02/09/mayor-london-breed-announces-ta...
When the Twitter tax break expired in 2019, the Chronicle also did a pretty thorough survey of the mixed effects: https://projects.sfchronicle.com/2019/mid-market/
Earlier quoted context omitted.
Thats generally the point with sudden disruptive moves - high attrition. Reduce the headcount without having to be in the news for layoffs.
They've already cut about 80% of their workforce since Elon took over, I'm not sure how much more attrition they can take. Sure the site still mostly works in the technical sense, but the way it works now has led to a significant decline in revenue and active users.