Earlier quoted context omitted.
Can you cite where it’s been said he’s firing 25% (or any significant percentage) “for cause”? The only parties being cited as fired for cause are the outgoing executives, and WaPo article at the top of this post provides reasons for that.
From WP: "Layoffs are expected to begin ahead of Nov. 1, when Twitter employees are slated to receive additional compensation related to stock grants." I think this might be the confusing part, because he's trying to claw back as much compensation as possible, maybe he's trying to avoid paying severance as well
Musk’s inner circle worked through weekend to cement Twitter layoff plans
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Re: Musk’s inner circle worked through weekend to cement Twitter layoff plans
#592Earlier quoted context omitted.
Firing 25% of the workforce "for cause" looks like a very hard sell to me, and would open up Twitter for a barrage of lawsuits - and rightly so. Even laying off 25% of the workers would be hard to justify at this point. I'm certainly curious where this all is going.
Can you cite where it’s been said he’s firing 25% (or any significant percentage) “for cause”? The only parties being cited as fired for cause are the outgoing executives, and WaPo article at the top of this post provides reasons for that.
Re: Musk’s inner circle worked through weekend to cement Twitter layoff plans
#593Earlier quoted context omitted.
> They're employees, but "workers" implies blue collar in my opinion. You are (understandably) conflating "worker" with "working class", but these are different contexts. A worker is anyone who must, well, work for a living as opposed to their income coming from property/capital.
Wouldn't you differentiate between workers and executives? Is the CEO a worker if he doesn't own the company? Tying it to the salary makes sense to me. If you get paid minimum wage, asking you to work overtime without additional pay is unjust. You get paid a minimum wage worker's life-time-earnings per year? It's perfectly fine to ask you to come in this weekend for an urgent project.
Re: Musk’s inner circle worked through weekend to cement Twitter layoff plans
#594Earlier quoted context omitted.
> streamlining and flipping the profitable parts of the business Good luck finding some at Twitter.
Sure. But Musk is betting that Twitter is not profitable because of the people running it. And Twitter was profitable for a while before the marked management change in late 2018.
Re: Musk’s inner circle worked through weekend to cement Twitter layoff plans
#595Earlier quoted context omitted.
Firing 25% of the workforce "for cause" looks like a very hard sell to me, and would open up Twitter for a barrage of lawsuits - and rightly so. Even laying off 25% of the workers would be hard to justify at this point. I'm certainly curious where this all is going.
Can you cite where it’s been said he’s firing 25% (or any significant percentage) “for cause”? The only parties being cited as fired for cause are the outgoing executives, and WaPo article at the top of this post provides reasons for that.
And the WaPo article states: “ The first round of layoffs, led by his lawyer Alex Spiro, will target 25 percent of the workforce”
Re: Musk’s inner circle worked through weekend to cement Twitter layoff plans
#596Earlier quoted context omitted.
Elsewhere in this thread, people are discussing a potentially-credible (but maybe you disagree) report on this from Gergely Orosz that does not paint this as "only the 3 senior executives". https://twitter.com/gergelyorosz/status/1587042365084209153?... > I talked with an engineering manager who was at Twitter for 5+ years, and got laid off on Sunday "for cause". They were too exhausted from working over the weekend…
I don't understand why so many people celebrate when Elon treats his underlings like trash. Is it because people hate Twitter and think if you work there you deserve this? Is it because they want to have Elon's level of power and fame where the rules don't apply to them? Something else?
Also one perennial observation with authoritarian-friendly people is that in their dog-eat-dog fantasy they are the badass warlord sitting atop a pile of bones rather than the nameless goon that lies at the bottom of the bonepile.
Re: Musk’s inner circle worked through weekend to cement Twitter layoff plans
#597Earlier quoted context omitted.
That's why we have multiple newspapers. The other ones can cover for deficiencies of a single one. The Post is doing great investigative journalism still, including this piece.
I understand the argument, but I find this a bit disturbing, as there are some topics that all of the oligarch-owned newspapers will not be willing to cover in depth. There is kind of a 'fringe' that will publish some details, i.e. "(2020) Amazon: We Totally Don’t Want To Spy On You. Also Amazon: We Just Hired The Architect Of The NSA’s Mass Domestic Surveillance Program" https://dailycaller.com/2020/09/10/amazon-sur…
Re: Musk’s inner circle worked through weekend to cement Twitter layoff plans
#598Earlier quoted context omitted.
> Of course, he's the richest person in the world and his finance partners are well connected Saudis, Care to point to your sources or are you just spreading misinformation? Saudis are second largest shareholder in Twitter but their share is relatively slim. Also, just because Saudis bought the same thing I bought does not immediately mean they are my finance partners even if it somehow helped my goal.
https://www.reuters.com/markets/deals/saudis-kingdom-holding... Here, official Saudi statement that they are maintaining their $2bn stake in the company because it is in the long term interests of the Kingdom. So, maybe just business partners, not finance partners, although that's $2bn of cash that Musk won't have to pay out. Anyway, the substance of the point remains intact - there are many plausible reasons the cur…
Re: Musk’s inner circle worked through weekend to cement Twitter layoff plans
#599Earlier quoted context omitted.
Elsewhere in this thread, people are discussing a potentially-credible (but maybe you disagree) report on this from Gergely Orosz that does not paint this as "only the 3 senior executives". https://twitter.com/gergelyorosz/status/1587042365084209153?... > I talked with an engineering manager who was at Twitter for 5+ years, and got laid off on Sunday "for cause". They were too exhausted from working over the weekend…
I don't understand why so many people celebrate when Elon treats his underlings like trash. Is it because people hate Twitter and think if you work there you deserve this? Is it because they want to have Elon's level of power and fame where the rules don't apply to them? Something else?
Re: Musk’s inner circle worked through weekend to cement Twitter layoff plans
#600Earlier quoted context omitted.
The nice thing is that this goes both ways. If you are an at-will employee you can send an email that says "I resign effective immediately" and walk away and never speak to anyone at that company ever again.
Who’s hurt more: the company whose employee leaves on the spot, or the employee whose company fires them on the spot? At-will is asymmetric.
If I quit without notice, high revenue systems could fail or not launch.
I kind of like software because of this. An individual has great value. Of course, I wouldn’t want to work for a company that fires people Willy nilly.
But for software at-will can definitely be asymmetric benefiting the employee. Software developers aren’t replaceable cogs.