771–780 of 852 posts
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He doesn’t seem to be “reforming” Twitter, he seems to be trying desperately to recoup his lost investment. This wasn’t needed and will be looked upon with embarrassment by him and all of tech in a decade.
> After engineers, some of Twitter’s highest-paid employees work in sales, where several earn more than $300,000, according to documents viewed by The Post.
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> If there was a way to determine the least performing 50% of employees in a matter of two days, they wouldn't be there in the first place anymore. This would assume that the previous management had an incentive to cut costs and remove 50% of their workforce... which is probably not the case at all.
There are tons of incentives to cut costs. It was a public company that had quarterly reports.
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> If there was a way to determine the least performing 50% of employees in a matter of two days, they wouldn't be there in the first place anymore. This would assume that the previous management had an incentive to cut costs and remove 50% of their workforce... which is probably not the case at all.
What makes you think that previous management needlessly employed unproductive workers when they could have easily not done so? Do you think that Elon Musk has some special magic insight that makes him get the same amount of work done with half the resources? I know some people at Twitter and some people at Musk's companies and I don't think they are fundamentally run differently.
Previous management at Twitter didn't own a significant percentage of the company shares. Why be the "bad guy" when the paychecks are still rolling in? But when it's your "own money" at stake, you get much more motivated to cut unnecessary costs. Even if that makes lots of people on the Internet hate you.
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He doesn’t seem to be “reforming” Twitter, he seems to be trying desperately to recoup his lost investment. This wasn’t needed and will be looked upon with embarrassment by him and all of tech in a decade.
> After engineers, some of Twitter’s highest-paid employees work in sales, where several earn more than $300,000, according to documents viewed by The Post.
I used to be a big Musk fan. But the longer it gets, the more i start to dislike him. He starts turning into a Mad King
I’m the opposite. Never was a Musk fan but now that I see him trying to reform twitter I’m very impressed he’s willing to take so much flak for such a direly needed goal.
Solving the problem of fossil fuel for private transport? Meh.
Massive cost reductions in space exploration and development of reusable rocket boosters and technology to get us back to the moon? Pushover.
Ensure more people can drop the n-word and spread disinformation and hatred of democracy for free? This is important.
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> Even laying off 25% of the workers would be hard to justify at this point. It wouldn't because we're in a downturn and Twitter was already planning layoffs.
Did Twitter already file a WARN act notice about the layoffs? If not, how can it be justified under that?
Tesla filed 3 WARN notices in California in July so Musk or Musk’s lawyers at least know how to file them.
From what I understand, Twitter’s standard terms of severance allow for two months salary and benefits and some sort of accelerated vesting towards the next quarter. That’s been the big question for employees because they vest quarterly (though each person could have a different vest date) and the terms of the acquisition were that RSUs were converted to cash to be paid out on the vest schedule. Some in the press speculated that Musk was trying to avoid paying our November 1 vests by firing early, but given that you’d need a WARN notice anyway, that wouldn’t prevent anything. If there was an accelerated vest you missed by a few days, that might be something that could be avoided, but I don’t know.
Still, even if you are paying out two months of benefits and salary (and potentially maybe even more, with accelerated vesting), that doesn’t mean a company doesn’t have to file a WARN notice.
And with the expected figures being 25% of employees (~1800 people), that figure would qualify as a mass layoff by federal definition, irrespective of the company’s total size, and irrespective of the 50 or 100 per site thresholds that are true for specific states.
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You said that’s not what happened in reply to me, and I cited that it did happen. I’m just backing up my own assertions, nothing to do with you. And they certainly banned plenty of conservatives for their views. It was just first framed as “misinformation” and then banned. Examples include Covid skepticism, Hunters laptop, and honestly a litany more.
Please show me the user who espoused a Laissez-faire trade policy or strict constructionism and was subsequently banned for that expression. Twitter banned dangerous idiots and assholes. It's not Twitter's fault those happen to be largely conservatives. Maybe look inward if a group you identify with keeps getting called out for being dangerously wrong and/or violent. Edit: I'm literally staring at Ben Shapiro's Twitt…
THIS! Let me add on:
My argument any conservative who is still tolerable to debate, is this: I don't mind differing viewpoints in philosophy, or in scope of government, per se. I don't want someone banned from twitter for wanting to defund social services, or for thinking public education is a waste of money, for thinking trade unions are bad for citizens.
Hell, I'm not even opposed to allowing voices to those who say government has no right to compel people to get vaccines, however horrid the idea.
The line, and you know this matai_kolila, is when people post/repeat/retweet lies that originate out of bad science, or out of enemy nation-states, to back up their shitty ideas. Like saying the vaccine is not useful, or saying that COVID in spring of 2020 wasn't a threat, or "a litany of other things". A line exists between legitimate differences in political opinion, and outright bullshit lies, and while you can't be jailed for saying it (literal 1st amendment), private companies have no obligation to help smear the shit.
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>Elon already tweeted that this is false. Did you expect him to say it is true?
Of course not, I would expect him to say nothing in that case. Honestly, it's pretty ridiculous how people conflate "Elon is a bad guy who stretches the truth all the time" with him sending out a completely unambiguous statement that, if it were a lie, would easily be proven wrong in one day. Point being, people who do stretch the truth/over-promise know how to do it in a way that isn't falsifiable in 24 hours.
So, it was a simple corporate raid after all. Welcome back to the 70s: energy markets problems, inflation, and now finally some good old corporate raiding with LBOs. PS. https://en.wikipedia.org/wiki/Corporate_raid
No idea if it’ll turn out to be just a corporate raid but I’ve become so disillusioned and disgusted with nearly everything about companies like Twitter, Google, and Meta that I do not think a realistic solution exists for the problems they cause that doesn’t involve a complete change of leadership and firing a significant percentage of all of them. I don’t care what Elon does with Twitter tbh, as long as it’s someth…
Musk won't change anything for the better.
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> Normally this will lead to the best people updating their resumes and switching over to less toxic places ASAP Potentially, but not necessarily. Some high performers may reasonably think "finally someone who is going to cut through all the bullshit in this bloated company and demand some accountability". Look through some of the stories when Steve Jobs rejoined Apple; it wasn't that dissimilar. Now, that said, folk…
Unstable leader who makes off the cuff decisions. As for employees being happy that "lazy" people are being fired, if that's true why are companies so cautious about hiring and firing?