411–420 of 852 posts
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How is it legal to demand people work on weekends? How is it legal to (even threaten) firing if a new assigned task that takes a long time is not done on time?
That these questions are being asked makes me think software engineers are very detached from the other 95% of humanity.
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It’s a shame that Twitter is no longer public because I can’t imagine something more profitable than shorting a company than Jason Calacanis is an executive of.
I am 99% sure I agree with you. However I’m a bit out of the loop on Calacanis overall to know why specifically you’re saying this. I’m up for you giving me some keywords to look up on him too and doing my own research then.
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Those being laid off for cause are the 3 senior level executives (the old CEO, the lead counsel, and the content policy head). Those 3 had a 100+ million cumulative severance package which they are now no longer eligible to receive, although none of them are strapped for cash.
> although none of them are strapped for cash Does this mean that they have or deserve different rights under contract law than others do? What if their counterparty is even less "strapped for cash"?
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I have a friend who works in sales at a tech company and since all of this accounts are long term customers he really doesn't do much. They like the service so it is basically an auto-renewal. So I guess Elon thinks that advertisers will just auto renew because they like the ROI they get from their spend on twitter. However, what he fails to realize is the media buyers love to be wined and dined with fancy dinners. I…
Isn't this the definition of corruption?
I see no reason to doubt it. But I would need some evidence before believing, and this thread has none (in any direction).
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If you're Musk and you truly believes that the company is bloated with underperforming employees, what is the alternative?
The alternative is to take a measured approach to learning about the business and org, in order to make informed decisions about how to restructure efficiently. But of course that takes time and effort. For somebody impetuous and self-indulgent, it's much more satisfying to go in swinging a machete on day one.
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This is mainly media workers exploiting current events for traffic, even if their content is misleading. We really need to sort out media corruption and incompetence.
Do Twitter employees have a safe place to discuss this?
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It seems he barged in, went through internal chats to look for evidence to scuttle the deal or change the terms. https://mobile.twitter.com/elonmusk/status/15868858873416458...
Would anything let him change the deal at this point? Even if Twitter was hiding their bot problem Elon's initial offer waived his ability to do due diligence on this, no?
The entire waiving of due diligence thing is also such a weird talking point. There was no contingency on due diligence, but part of the deal did include access to the information he would need to do it and any incorrect information in public filings should have been enough to get out of the deal.
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You read it backwards. He claimed 10-1 managers-to-devs.
Yikes, I did read it wrong! OK, that would be insane, but I'm still curious if (a) that's not a pretty gross exaggeration or (b) if there some sort of job titling that's making the ratios look weird, e.g. "product manager" doesn't actually manage any people, or the way everyone who works in a bank is a "VP".
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They should probably take a look at the lawsuit around Tesla's illegal layoffs. Your description sounds similar to that. It's probably worth it to find a labor attorney.
twitter could invoke the "faltering company" exemption given that its now saddled with many $B LBO debt, or unexpected contracts loss given that some advertisers are pausing spend.
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This is how high quality journalism works. There's actually quite an involved skill to reading and fully understanding this kind of writing - and it's infuriatingly difficult to pick up that skill (I've been developing it by spending time talking to professional journalists, but I'm still not there yet). When you read "another person familiar with the deal who spoke on the condition of anonymity to discuss sensitive…
Every reporter I have ever met (and this especially includes those that went to j-school) at this point just regurgitates press releases or is too scared to bite the hand (or the hands of the golfing buddies, or the advertisers) that signs their paychecks.