Apparently He laid off the data engineering team. That term is pretty vague, anyone know what they do? https://www.cnbc.com/2022/10/28/departing-twitter-employees-... Edit: this may have been a prank.
High chance it's a prank.
Elon Musk owns Twitter: The story so far
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Re: Elon Musk owns Twitter: The story so far
#22Musk just tweeted this 5 mins ago: "Twitter will be forming a content moderation council with widely diverse viewpoints. No major content decisions or account reinstatements will happen before that council convenes."
Ironic considering Babylon Bee was just unbanned even though they violated TOS.
Also ironic that his goal was to promote free speech and painted moderation as evil.
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It is beyond me that I am downvoted for pointing the irony of the situation.
So many proponents of free speech have so few regards to give for TOS and have the audacity to demand service without abiding to it. It seems that HN is no longer a bastion of honest discussion and has been overrun by certain individuals.
Re: Elon Musk owns Twitter: The story so far
#23Prediction: Brain drain at Twitter begins as Elon starts enacting unpopular policies. Valuation tanks. Morale becomes non-existent and Twitter slowly starts to fade from existence while competitors begin to fill the void. I give it 3-5 years before it's gone full husk.
The valuation tanking will be invisible at least, in this scenario.
Re: Elon Musk owns Twitter: The story so far
#24Does Elon Musk own Twitter, or does a group of bankers orchestrated by him jointly own it with him?
Re: Elon Musk owns Twitter: The story so far
#25It can be great for freedom of speech. Hopefully, it won't distract Elon too much from SpaceX, Tesla, and other important work. I still don't get how he managed to be CEO of multiple high-complexity companies. It's already not easy to be CEO of just one.
Some people just seem to have more hours in their day. It's quite impressive what Musk can do.
Re: Elon Musk owns Twitter: The story so far
#26Apparently He laid off the data engineering team. That term is pretty vague, anyone know what they do? https://www.cnbc.com/2022/10/28/departing-twitter-employees-... Edit: this may have been a prank.
Who knows if that rumor is true, but it would be another red flag with Elon's approach. I can understand clearing out the old leadership team on day 1, but how quickly could Musk possibly know that there is no one on this team that could provide value to Twitter with different management or in some other role? Shooting first and asking questions later is not a good approach to managing a billion-dollar company.
Typically a lot of investigations into products and teams already take place before close. This was a weird acquisition though, so who knows if that actually was possible beforehand.
Re: Elon Musk owns Twitter: The story so far
#27It can be great for freedom of speech. Hopefully, it won't distract Elon too much from SpaceX, Tesla, and other important work. I still don't get how he managed to be CEO of multiple high-complexity companies. It's already not easy to be CEO of just one.
> I still don't get how he managed to be CEO of multiple high-complexity companies One can assume he knows how to delegate.
Gwynne Shotwell @ SpaceX is incredible, at minimum.
Re: Elon Musk owns Twitter: The story so far
#28Prediction: Brain drain at Twitter begins as Elon starts enacting unpopular policies. Valuation tanks. Morale becomes non-existent and Twitter slowly starts to fade from existence while competitors begin to fill the void. I give it 3-5 years before it's gone full husk.
With a strong vision for freedom of speech and actual value enforcement (edit: of the transparency value, not just start censoring the other side), it would attract the right people. We can argue the recent dilution of Twitter's values to meddle with U.S. politics was the actual brain drain.
Twitter's problems began way before the 2016 election.
Re: Elon Musk owns Twitter: The story so far
#29Prediction: Brain drain at Twitter begins as Elon starts enacting unpopular policies. Valuation tanks. Morale becomes non-existent and Twitter slowly starts to fade from existence while competitors begin to fill the void. I give it 3-5 years before it's gone full husk.
Prediction: Twitter becomes more efficient, focused and profitable than they ever have been. And it will return to the platform neutrality and free speech ideals it had prior to 2015ish.
Re: Elon Musk owns Twitter: The story so far
#30Prediction: Brain drain at Twitter begins as Elon starts enacting unpopular policies. Valuation tanks. Morale becomes non-existent and Twitter slowly starts to fade from existence while competitors begin to fill the void. I give it 3-5 years before it's gone full husk.
Brain drain? Twitter stock basically hasnt appreciated since IPO. They have been treading water for a decade, what brains are there providing value?