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Musk’s inner circle worked through weekend to cement Twitter layoff plans

washingtonpost.com

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Re: Musk’s inner circle worked through weekend to cement Twitter layoff plans

#81

Post by nopenopenopeno »

jdm2212 wrote: post #36
yboris wrote: post #17

Earlier quoted context omitted.

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?

For salaried, at-will employment, the employer can demand whatever they want and fire you for whatever reason they want. There are exceptions for, like, sexual harassment and racial discrimination, but not for "I disagree with the boss about what is a realistic project timeline".

Correct. In the US, all working people serve and exist under authoritarian regimes as a matter of life or death.

Re: Musk’s inner circle worked through weekend to cement Twitter layoff plans

#82

Post by wisnoskij »

anamexis wrote: post #27
herodoturtle wrote: post #15

Earlier quoted context omitted.

Sorry if I wasn't clear, I was referring to the HN title of this post: "Twitter to lay off 25% of workforce in first round of job cuts" I opened the article thinking this was a formal announcement. But it's nothing of the sort. It's just speculation at this stage. Hope that clears things up.

But it's not speculation: > ...according to four people familiar with the discussions who spoke on the condition of anonymity to describe them, as well as tweets from some of the people involved.

This comes from the news stations who said days ago that people were already laid off, and their sources turned out to be random people they found on the street with meme fake names. https://news.slashdot.org/story/22/10/28/2339204/pranksters-...

Re: Musk’s inner circle worked through weekend to cement Twitter layoff plans

#83

Post by dustedcodes »

mattficke wrote: post #68
herodoturtle wrote: post #15

Earlier quoted context omitted.

Sorry if I wasn't clear, I was referring to the HN title of this post: "Twitter to lay off 25% of workforce in first round of job cuts" I opened the article thinking this was a formal announcement. But it's nothing of the sort. It's just speculation at this stage. Hope that clears things up.

“Twitter plans to lay off…” would probably be a more precise headline, yes. It’s more than speculation, though, but you do have to trust the reporters on that.

"It's believed that Twitter plans to lay off..."

Re: Musk’s inner circle worked through weekend to cement Twitter layoff plans

#84

Post by datalopers »

outside1234 wrote: post #41
datalopers wrote: post #30

Getting laid off and having your RSUs vest at 2021 prices is the best deal this year.

But I think Elon's goal is to screw the employees out of their next grant

Valuations would be down 70% (eg $META, $SNAP) if it weren’t for this buyout so I think the majority of employees end up better than they would have been. Annual grants are usually 10-25%.

Re: Musk’s inner circle worked through weekend to cement Twitter layoff plans

#85

Post by conductr »

novaRom wrote: post #16

> a quarter of the staff totaling more than 7,000 > After engineers, some of Twitter’s highest paid employees work in sales, where several earn more than $300,000 that should reduce operating expenses significantly, several hundreds of millions dollars?

I found the first part confusing to parse. It reads to me that 7000 is the 25% getting layoffs and made me think they had 28000 employees. They actually have ~7000 before layoffs.

Re: Musk’s inner circle worked through weekend to cement Twitter layoff plans

#86

Post by georgeg23 »

tootie wrote: post #42
herodoturtle wrote: post #4

From the linked article: > The company has yet to release a formal announcement of the acquisition. The communications department has gone silent. Rumors have swirled about layoffs, with some notices going out quietly. Is it just me or is this headline totally misleading? No formal announcement yet folks.

I saw this Tweet by a director-level person at Twitter: https://twitter.com/iamharaldur/status/1585813324285239296 Seems Elon is keeping his machinations to himself.

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...

Re: Musk’s inner circle worked through weekend to cement Twitter layoff plans

#87

Post by greenie_beans »

skhr0680 wrote: post #21

Twitter is already improved IMHO: The "sign in or sign up" nag screen is gone for me!

it's gotten worse for me. i can't access it. in a browser that's always logged in, i try to visit any page on the site and get a page that says "Something went wrong, but don't fret — let's give it another shot."

the site works whenever i login via a fresh, private browser session. for a minute i thought i was blocked after muting the words "elon" and "musk"

Re: Musk’s inner circle worked through weekend to cement Twitter layoff plans

#88

Post by dave78 »

swozey wrote: post #9

Evidently Musk had Tweeps work all weekend on the new Verified feature lest they get fired, and some were fired "for cause" anyway. https://twitter.com/GergelyOrosz/status/1587029446061686784

Most of the national/international media has been scrutinizing Twitter all weekend, specifically looking for signs of layoffs. It seems odd that this person would have scooped them all on that? Not saying it's impossible or anything, but it does make me a little suspicious.

Re: Musk’s inner circle worked through weekend to cement Twitter layoff plans

#89

Post by lm28469 »

novaRom wrote: post #16

> a quarter of the staff totaling more than 7,000 > After engineers, some of Twitter’s highest paid employees work in sales, where several earn more than $300,000 that should reduce operating expenses significantly, several hundreds of millions dollars?

They can also fire everyone and switch off the servers

Boom 0 cost, infinite money hack

Tomorrow's news: "HN business man solved the recession"

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