Musk’s inner circle worked through weekend to cement Twitter layoff plans

Post by akira2501 » Mon, Oct 31, 2022, 6:35 PM UTC

gwd wrote: post #43

novaRom wrote: post #16

> a quarter of the staff totaling more than 7,000 > After engineers, some of Twitter’s highest paid employees work in sales, where several earn more than $300,000 that should reduce operating expenses significantly, several hundreds of millions dollars?

Usually salespeoples' pay is highly incentivized: I doubt the base salary of those salespeople is $300k. Those $300k people are probably bringing in millions of dollars of revenue apiece. Firing them will reduce operating expenses some, but drastically reduce income as well, unless they're replaced with something else.

Post by jjtheblunt » Mon, Oct 31, 2022, 6:36 PM UTC

gamblor956 wrote: post #178

PragmaticPulp wrote: post #14

> Another person familiar with the deal who spoke on the condition of anonymity to discuss sensitive matters last week said the total number of layoffs is likely to be closer to 50 percent. Unless I’m missing something, the only sources for this article are a mix of speculation and anonymous sources who can’t even agree with each other about the layoff.

Can verify that Twitter is laying people off. Several contacts at Twitter were laid off this weekend and hoping they I could submit their resumes to my current employer. They were told that these were performance based terminations, despite not receiving any negative evaluations during their time at Twitter. They were also told they needed to sign NDAs in order to receive any severance. Can't confirm the %.

Post by sosodev » Mon, Oct 31, 2022, 6:38 PM UTC

gamblor956 wrote: post #178

PragmaticPulp wrote: post #14

> Another person familiar with the deal who spoke on the condition of anonymity to discuss sensitive matters last week said the total number of layoffs is likely to be closer to 50 percent. Unless I’m missing something, the only sources for this article are a mix of speculation and anonymous sources who can’t even agree with each other about the layoff.

Can verify that Twitter is laying people off. Several contacts at Twitter were laid off this weekend and hoping they I could submit their resumes to my current employer. They were told that these were performance based terminations, despite not receiving any negative evaluations during their time at Twitter. They were also told they needed to sign NDAs in order to receive any severance. Can't confirm the %.

Post by tmh88j » Mon, Oct 31, 2022, 6:42 PM UTC

quintu5 wrote: post #188

dmix wrote: post #129

Earlier quoted context omitted.

Reddit and Instagram is even worse. Besides cookie boxes (which all have different UIs and rarely a good no button) it's probably the most annoying thing on an ad-blocked internet. How do the designers who work at these tech companies not understand that repeatedly annoying non-user visitors doesn't make them want to sign up? Nor incentivize others to link to it?

This is why I never touch new reddit or visit the site on mobile. It's old reddit + ublock origin on desktop and a third-party app on mobile every time.

Post by gamblor956 » Mon, Oct 31, 2022, 6:43 PM UTC

photochemsyn wrote: post #139

Rahul_Ligma wrote: post #110

Earlier quoted context omitted.

I think it would behoove you, given how easily they bent over for Bezos and have silenced opposition against him, to reflect back on the last two decades and compare various outlets (including the ones you don’t like because they don’t align with your political stance) and see just for how long they’ve been corrupted. They didn’t wake up in 2013 and suddenly decide they won’t have any integrity.

It's not that they don't align with my political stance, it's that they don't do their job of providing broad-spectrum information on the actions of governments and corporations. To emphasize, Top Secret America was an outstanding expose of the military-intelligence contracting system, but that was before Bezos got his ~600 million CIA web services contract, and soon after that he spent what, ~$250 million to buy the…