All- some of you are clinging onto the paternity leave. I can't quote whether this is true, but at both Fortune 250 companies I worked for, you were paid out for your entire leave even if you weren't coming back after. So I would bet money he is still being paid for the whole leave, but if someone sees something else, please correct me. There is incentive to pay it out since one annoying side effect can be a person g…
The concern is that there could be a chilling effect resulting in people not taking this leave. If people expect to be fired for using this benefit, they won’t use it.
Twitter CEO fires two top executives, freezes hiring
481–490 of 1000 posts
Re: Twitter CEO fires two top executives, freezes hiring
#482> I’m just now learning that Parag fired Kayvon while he was on paternity leave, which is truly awful. > Parag is on his way out too. Why is he firing his product leaders during his lame-duck period? https://twitter.com/CaseyNewton/status/1524790595968901122
Re: Twitter CEO fires two top executives, freezes hiring
#483What if this is just a huge PR stunt on elon's part to get more followers and engagement for his own brand, without having to actually buy twitter?
Don't be surprised if a new company emerges though. There's always some truth behind what he does – even though it doesn't necessarily aligns with what he says.
Re: Twitter CEO fires two top executives, freezes hiring
#484Just a spring cleaning that is about a decade late. Twitter under-performs in every aspect imaginable: financially, product quality, product innovation. Nothing ever gets released and whilst this pace has improved in recent years, those "innovations" don't really deliver. They're barely used, copycats from other apps, and so on. Meanwhile, age-old problems are never addressed, like bots and the extremely hostile mob…
Re: Twitter CEO fires two top executives, freezes hiring
#485Earlier quoted context omitted.
It maximizes his chance of survival either way. The probability that Elon is margin called by year end is roughly 40% according to option prices. - 60% chance you get fired either by Musk or investors if you don't turn the ship. - 40% chance you Musk is margin called and doesn't take over, but still might be fired by investors or acquired by someone else who may in turn can him.
> The probability that Elon is margin called by year end is roughly 40% according to option prices. The way tycoons frequently do this involves putting collars around a significant portion of the margined stock (and for a sizable position like this, the trade would flow through to option prices on tesla and the stock itself via delta hedging or whatever the trade desks are doing as part of the trade)
Re: Twitter CEO fires two top executives, freezes hiring
#486This is mind boggling to me. Kayvon is one of the best product leaders / visionaries I know. It was confusing to me in Dec that he wasn't Jack's successor. Kayvon was a huge driving force behind all the interesting product efforts of the last few years: Spaces, Fleets, topics, etc. Twitter went from not iterating on product (remember when Twitter's only change in several years was to change the star to a heart?) to s…
> Kayvon is one of the best product leaders / visionaries I know. Maybe this person is absolutely amazing and is just constrained by the crazy realities of working in a very large and political company. Maybe they did the best possible job under difficult circumstances. I'm not the insider and can't easily judge that. But as an outsider, what I can judge is that it's easy to perceive the Twitter platform as basically…
Re: Twitter CEO fires two top executives, freezes hiring
#487Growing up outside of the US, I feel kinda cringed when he said he was "INSANELY proud of our collective teams achieved". Such an interesting cultural difference.
Re: Twitter CEO fires two top executives, freezes hiring
#488Earlier quoted context omitted.
> I also think the proposal to have Twitter allow all content that is "legal under US law" is a dangerous idea for the platform being a healthy community that most people actually want to participate in. I'd counter that platforms like Reddit, Youtube, or Facebook grew into institutions with extremely light content moderation, and it's only after they were successful and were targeted by politicians and media panics…
Reddit always has had community moderators which ensured that the subreddits were respecting the rules of their communities. For example, on LGBTQ issues subreddits telling people that they are groomers is not tolerated. If it was, people would quickly go away. While on some other subreddit, it might be tolerated but the targeted people are not present and will not see those messages. It is similar on Facebook where…
The "grooming" remark typically coming from right-wing accounts is very common and as far as I can tell, not moderated. Likewise, left-wing "woke" accounts openly hating whites, men in general or white men specifically is also "just another tuesday".
Re: Twitter CEO fires two top executives, freezes hiring
#489Earlier quoted context omitted.
That's my point though. The board accepted the buyout offer. "Hands on the wheel" means keeping the lights on and making sure everything stays stable until the deal closes. Firing the company's product and revenue leads is the opposite of that.
if you need an example of "hands on the wheel" look to nvidia's attempted purchase of ARM. all board says ok, all shareholders ok, passed through a lot of paperwork but no deal in the end. Both Nvidia and ARM definitely needed "hands on wheel" regardless of what happened. any company at this size needs "hands on wheel"
Re: Twitter CEO fires two top executives, freezes hiring
#490Do we have any reason to believe that this was a musk motivated decision?