people love repeated ultimatums and firings !!!!
100s of Twitter employees leaving after Musk's 'extremely hardcore' work demands
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Re: 100s of Twitter employees leaving after Musk's 'extremely hardcore' work demands
#22Kylie Robison (Tech reporter for @FortuneMagazine): What I’m hearing from Twitter employees; It looks like roughly 75% of the remaining 3,700ish Twitter employees have not opted to stay after the “hardcore” email. https://twitter.com/kyliebytes/status/1593391167718113280
That brings it down to under 1000 employees So Elon paid $44B for a company now with 900-odd employees. For a 10-year ROI, that's $4.4B per year profit, or $440 million/per employee For contrast, Netflix has the highest revenue per employee at $2.63 million/person, and Apple is second at $2.38 million, and Alphabet & Meta next at $1.64, and eBay at $0.9 million per employee. So, he'll need to get 200x the profitabili…
It seems like ad spending is only going to get more difficult since there are way more options, spending is down in general, and Twitter is not video centric. That being said if you think those things are true then the absolute right move is to scale back operations and stop trying to be a growth innovator - and instead just be a really great forum. Reddit has 700 employees. Twitter can probably survive with 1000. It probably wont work out but maybe if revenue grows 10% per year and they can get paid features up to 1 or 2B per year it works out.
Re: 100s of Twitter employees leaving after Musk's 'extremely hardcore' work demands
#23Is it my imagination or is it actually breaking down right now? I'm not seeing any new tweets! edit: no, still going, but maybe the notifications are slow. As an SRE, I somehow feel obliged to watch it break.
What I noticed is that after opening a thread the parent tweet is unavailable. It shows up once I go back. I'd attribute it to some kind of cache issue.
Re: 100s of Twitter employees leaving after Musk's 'extremely hardcore' work demands
#24Kylie Robison (Tech reporter for @FortuneMagazine): What I’m hearing from Twitter employees; It looks like roughly 75% of the remaining 3,700ish Twitter employees have not opted to stay after the “hardcore” email. https://twitter.com/kyliebytes/status/1593391167718113280
That brings it down to under 1000 employees So Elon paid $44B for a company now with 900-odd employees. For a 10-year ROI, that's $4.4B per year profit, or $440 million/per employee For contrast, Netflix has the highest revenue per employee at $2.63 million/person, and Apple is second at $2.38 million, and Alphabet & Meta next at $1.64, and eBay at $0.9 million per employee. So, he'll need to get 200x the profitabili…
There's a reason he tried to get out of this deal. He's going to lose billions of dollars on this, the only question at this point is how many billions.
Re: 100s of Twitter employees leaving after Musk's 'extremely hardcore' work demands
#25Re: 100s of Twitter employees leaving after Musk's 'extremely hardcore' work demands
#26I think there are going to be two levels of shock: 1) Never give people an ultimatum. It basically never works in your favor. That was such a dumb thing by Elon and his team. I don't think Elon expected the numbers to be so high. 2) Workers often overestimate their own worth within a company or how easily they can be replaced. It's likely that all the people leaving saying Twitter is going to majorly break soon won't…
https://mobile.twitter.com/nitashatiku/status/15933997046366... !!! “I know of six critical systems (like ‘serving tweets’ levels of critical) which no longer have any engineers," "There is no longer even a skeleton crew manning the system. It will continue to coast until it runs into something, and then it will stop.” Could be fake, but assuming true, can Elon take it back? Is a webform like legally binding for seve…
I think right now emotions are flying high, so people are going to make grand statements (and of course the press, which now hates Musk, is very gung-ho to publish anything.) I'm sure some systems will fail, but as to if the general public will really notice much of it, I have doubts. I could be wrong, but I've seen employees make similar claims after being fired or leaving and generally most everything working out. Interviewing or getting information from people fired up after an event like that are generally not reliable, in my experience.
Re: 100s of Twitter employees leaving after Musk's 'extremely hardcore' work demands
#27I understand being tough but why cause the needless turmoil. There's a theory of management that advocates breaking it all down and then rebuilding it from the bottom but this is a very extreme application.
Re: 100s of Twitter employees leaving after Musk's 'extremely hardcore' work demands
#28I truly hope all the top tier engineers who kept it going leave and it all goes bankrupt and Elon can have his tarnished brand lol. There are multiple other avenues on social media for the same functions as Twitter, maybe a little less conducive but they will do the job.
Re: 100s of Twitter employees leaving after Musk's 'extremely hardcore' work demands
#29I do know that many on HN are critical of twitter, but since the start of the war with Ukraine, twitter was an essential way to get fresh news/analysis of the situation. Therefore it's a pity that twitter is going down. And I do think it is happening.
Re: 100s of Twitter employees leaving after Musk's 'extremely hardcore' work demands
#30[deleted]