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One "cost savings" will come in the form of employee layoffs and then the following payroll reductions. IF twitter retains it's advertisers and continues to add
by freedude 4y ago
One "cost savings" will come in the form of employee layoffs and then the following payroll reductions. IF twitter retains it's advertisers and continues to add additional advertisers this will make it profitable in short order. In fact, if I was in the marketing division at twitter I would be drumming up business.
- bee_rider 4y agoIf it is possible for Twitter to layoff employees, retain previous customers, and add more... I dunno, what was the previous management doing? I mean it is of course possible that Musk is just much more competent than them.
- polski-g 4y agoThe 7500 employees were working on new ways to censor people.
- Keyframe 4y agoI dunno, what was the previous management doing? I think you can read through the exact same thing Musk was questioning in those leaked convos between him and Twitter's CEO. That'll be his game for sure, cut down on cruft. The hell does twitter need 7500 people for even at current state of affairs if not moderation or sheer incompetence?
- therealdrag0 4y agoMusk runs his existing employees very hard. Most tech companies don’t. There maybe room to squeeze out more juice per employee. Surely this will push some out, but new people will come in and replace them.