Twitter kills its San Francisco headquarters, will relocate to South Bay

Post by cyphertruck » Tue, Aug 06, 2024, 8:03 PM UTC

jsheard wrote: post #116

TheAdamist wrote: post #93

Earlier quoted context omitted.

Thats generally the point with sudden disruptive moves - high attrition. Reduce the headcount without having to be in the news for layoffs.

They've already cut about 80% of their workforce since Elon took over, I'm not sure how much more attrition they can take. Sure the site still mostly works in the technical sense, but the way it works now has led to a significant decline in revenue and active users.

Post by bhelkey » Tue, Aug 06, 2024, 8:05 PM UTC

doctorpangloss wrote: post #381

bcx wrote: post #130

It’s been a while since we had sf offices, but back when we did sf had a pretty aggressive additional payroll tax and gross receipts taxes. I’d imagine this is likely a factor in the decision. I know for a while they were waiving some of these taxes for companies who set up offices in certain parts of the city. E.g. zendesk got a big tax break for its market street location near the tenderloin. As for commutes, I’d b…

> Even commuting within sf can be kind of a pain it took our folks 50 minutes from both areas in the mission and Menlo Park to get to an office in South Park. This is not to impunge on your credibility, but it takes me 16 minutes to get from my door in 21st and Valencia to the door at 313 Brandan next to South Park. This touches on some positive trends in San Francisco: of course, I e-bike, so I can get anywhere pret…

Post by LAC-Tech » Tue, Aug 06, 2024, 8:06 PM UTC

jrflowers wrote: post #487

wisconsiway wrote: post #470

Earlier quoted context omitted.

[flagged]

“You mentioned that bringing back nazis killed the site but curiously you did not at any point in any way imply that it is the world’s biggest platform… The argument you’re making solely in my head isn’t very consistent!”

Post by red-iron-pine » Tue, Aug 06, 2024, 8:07 PM UTC

hintymad wrote: post #492

throw4847285 wrote: post #444

Earlier quoted context omitted.

Just in response to your second point, I do think that's specific to you and your circles. I know multiple retired or semi-retired people who have moved towards the center of a city. Without work to keep them occupied, they want the hustle and bustle, which means something to do. And driving has become more of a hassle and a barrier to the kinds of lives they want to live. These are east coast or midwest cities, so m…

> I know multiple retired or semi-retired people who have moved towards the center of a city Is it because their kids have grown up? I can imagine myself living in a city like Paris or NY if I don't have kids. I get to enjoy a bustling city without needing to dealing with the challenges of raising kids.

Post by lucidone » Tue, Aug 06, 2024, 8:08 PM UTC

bastardoperator wrote: post #443

seizethecheese wrote: post #399

Earlier quoted context omitted.

I’ve had several meetings, either in Twitter office or around it, and the street scene is very bad in that part of SF. If the claim is that this is a motivation for the move, it certainly passes the sniff test for me.

So you've been able to gauge life and the street scene in SF based on several meetings? That's super interesting. I would argue the Embarcadero is fairly nice and I live here, but what do I know.