Earlier quoted context omitted.
Probably not, since it encourages companies to actually invest in people that they can't just fire at will. Society comes out on top, and business is kept accountable for how they treat human beings. The free market with at will employment is a race to the bottom. France's model is more of a steady march to the top.
> France's model is more of a steady march to the top Eagerly awaiting for France to have their own equivalents (in terms of success and worldwide influence) of Google/Apple/Microsoft/Amazon/SpaceX/Tesla/etc. As well as for their devs to be paid even remotely close to what they can get paid in the US. From what I am seeing, even "the year of Linux on desktop" is more likely to happen than that. Which doesn't inspire…
Twitter faces a class action lawsuit over mass employee layoffs with proper
281–290 of 295 posts
Re: Twitter faces a class action lawsuit over mass employee layoffs with proper
#282Earlier quoted context omitted.
Not selling the at the price he offered would have been massively violating their fiduciary duty. Twitter stock would probably be worth like $20-30 given the current market versus the $54 offered.
There is a lot of confusion with people offering their own opinions. https://www.pbs.org/newshour/economy/twitter-board-of-direct... It seems the board tried to block it at first. Also - "A Saudi prince who is among Twitter’s major shareholders scoffed at Musk’s offer in a Thursday tweet. Al Waleed bin Talal said he would reject Musk’s overtures because he didn’t believe $43 billion “comes close to the intrinsic valu…
Re: Twitter faces a class action lawsuit over mass employee layoffs with proper
#283Earlier quoted context omitted.
No I am saying the lawyers are suing for something that has already occurred. Specifically not giving the proper advance notice as required by law.
This is proper advance notice as long as he pays for 60+ days of employment. There is no law that requires employers to let you do whatever you want with access to company resources for 60 days.
“Twitter is being sued for not giving employees advance notice of a mass layoff that began in earnest early Friday.”
I don’t think Elon is playing 5d chess. I think he’s being an enormous asshole about what is likely a justifiable thing to do at Twitter if you’re someone with purely capitalistic intentions.
I’m also saying that he’s not being sued for something he might do later as the poster I replied to suggested, he’s being sued for something he’s already done.
Re: Twitter faces a class action lawsuit over mass employee layoffs with proper
#284Re: Twitter faces a class action lawsuit over mass employee layoffs with proper
#285Earlier quoted context omitted.
I have seen a lot of sentiment wonder "why some people do not like Elmo Musk". This fact is probably something close to why I personally don't like the guy: he comes across as a personified avatar of the fact that laws don't really apply to folks with those kinds of resources, and that us peons have literally no recourse when faced with a rich person who wants to do whatever they feel like doing.
This is why you should hate your society and its values, not Musk.
"hate the player, not the game" doesn't apply to folks who own the referees.
Re: Twitter faces a class action lawsuit over mass employee layoffs with proper
#286Earlier quoted context omitted.
I mean, if they consider being successful and being paid more as a failure, then yeah, I can totally see their "steady march to the top" succeeding. Not sure if that warrants a celebration. But if they consider it as such, then who am I to disagree.
The French might ask why turning the like button into several different kinds of reaction is so much more "successful" than the baker who makes a perfect croissant. Perhaps it's OK for a society to be... OK, instead of "the top", especially if top comes with a correspondingly distant bottom. Perhaps in 50 years we'll not see some of Google/Apple/Microsoft/Amazon/SpaceX/Tesla/etc. as quite so positive of achievements.
However, I was disputing it in the context of the claim that "France model is leading them steadily on the way to the top". To the top of what? To the top of being OK? That's a very questionable definition of "the top".
Meanwhile, sure, you can argue that some of "Google/Apple/Microsoft/Amazon/SpaceX/Tesla/etc." might end up not so positive of achievements in 50 years, but a lot of them quite are. Tesla, a non-european car brand, is one of the most registered new vehicles in quite a few european countries now, and I consider it a positive thing in comparison to ICE vehicles made in europe like bmw/audi/etc. SpaceX with its recent Falcon9-Heavy launch is quite positive. Which search engine do french people use? I bet it is Google. Which OS and office productivity suite does the majority of France currently run? I bet it is Windows with MS Office. Where are the majority of the websites and services that most people use are hosted? Most likely they are hosted at AWS.
Again, I dont subscribe to the notion that one has to be "at the top" in a bunch of arbitrary metrics to lead a great life, and it applies to both individuals and countries. However, I still disagree with the notion that France is anywhere on "the steady way to the top" when it comes to any of those metrics, as I see zero evidence to that.
Re: Twitter faces a class action lawsuit over mass employee layoffs with proper
#287Earlier quoted context omitted.
Preemptive lawsuit's. To further tie up an already overburdened legal system. I like how you think, my man.
There's nothing overburdened about the civil court system, because the participants in it are largely responsible for paying for it. The criminal court system (and public defenders in particular) are another story.
Re: Twitter faces a class action lawsuit over mass employee layoffs with proper
#288Earlier quoted context omitted.
In a drug-induced haze, Elon offered to buy Twitter at a price that was a weed meme and after sobering up, went on a full court press in the media to get out of his deal. It required a absolute shitpounding in the Delaware court of chancery for him to cop to the legal obligations he clearly wasn't aware of. What on earth has this man done to make you think that he knows his legal obligations?
Not questioning you fully here, but ... what reference is there for Elon doing this offer while 'in a drug-induced haze'?
Not his first 420 reference, either; the “funding secured” Tesla tweet that got him in hot water with the SEC set a Tesla share price of $420.
At the very least, he likes to make weed jokes.
Re: Twitter faces a class action lawsuit over mass employee layoffs with proper
#289Earlier quoted context omitted.
It's done on the scale of whatever time frame the management think the risk exists. In this case, if management thinks that risk exists for months - still acceptable. While unusual, if management needs to end the employment of staff but is precluded in doing so by law.... the only thing Twitter must do is provide normal compensation & benefits, nothing else. Under employment contracts, the employee must do whatever t…
Are you an employment lawyer? You're making a lot of assertions about what's acceptable.
Re: Twitter faces a class action lawsuit over mass employee layoffs with proper
#290Earlier quoted context omitted.
Does anyone know what WARN actually requires? If they are copensated for 60 days, does that suffice?
Yes. > An employer who violates WARN provisions is liable to each employee for an amount equal to back pay and benefits for the period of the violation, up to 60 days. https://en.wikipedia.org/wiki/Worker_Adjustment_and_Retraini... He learned his lesson from a similar large scale layoff at Tesla. The lawyers in this case were the same lawyers in the previous case.