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> There are always comments about "why do they need X,000 people" every time a company's staffing gets talked about. I guess we are finally getting an answer.
by mjr00 4y ago
> There are always comments about "why do they need X,000 people" every time a company's staffing gets talked about. I guess we are finally getting an answer.
Yes, this is what people really need to be worried about. Not about Elon's policies ruining Twitter or whatever; that's the good outcome. The bad outcome is: what happens if Elon lays off 50% of Twitter, and a year later it turns from a floundering social media company that's not doing anything with its dominant market share into a profitable adtech powerhouse that rivals Meta and Google? If that happens, then your company's CEO is going to be laying off 50% of staff, too.
- Godel_unicode 4y agoYou’re being downvoted at the moment, but if that timeline plays out I can definitely see copycat behavior in smaller companies, especially among the hustle culture bros.
- fullsend 4y agoCompletely agree. Elon is so worshipped that just him doing this has already emboldened the financial analysts and wannabe founder types to more ruthlessly question total comp numbers and hiring. Everyone who works in technology should be worried. Whether it’s correct or not, what looks like waste and excess to the business class who are used to the “hard facts” of balance sheets could look to someone else like one of the few labor sectors on the planet where workers are paid something near what they are worth. Silicon Valley is the land of fat peasants. This is the beginning of the lords and ladies tightening the peasant’s belts.
- hutzlibu 4y ago"Elon is so worshipped" Is that really still the case? Most of the time I read something about Elon the comment section is very negative, compared to some years ago and it seems rare to encounter a Musk fanboy anymore.
- aaa_aaa 4y agoNobody worshipped him anyway. Musk is openly against some major progressive liberal and left viewpoints. And he is an awkward impulsive super billionaire. So naturally there is a sour crowd here.
- insin 4y ago> it seems rare to encounter a Musk fanboy anymore Can we swap internets? I see plenty of them just in the comments under this story, never mind elsewhere.
- ctvo 4y ago> Yes, this is what people really need to be worried about. Ah yes, the what if I’m really not only ineffective, but a net negative on my company and they find out anxiety.
- lmm 4y agoIt's more: what if I'm superficially similar to very different people in a very different company who are a net negative on their company.
- deleted 4y ago[deleted]
- root_axis 4y agoI'm not worried. I've lived out what happens when activist investor know-it-all types come in and gut a company thinking they and their sycophant yes-men are smarter than everyone that came before. That isn't to say that Elon can't improve twitter as a business, but most CEOs aren't Elon, and even Elon is more hot air than substance.
- cokeandpepsi 4y agothis is the story of most newspapers, same shit happened to the entire industry the past 20 years
- HWR_14 4y agoMost CEOs aren't Jack Welsh, and yet most of them implemented stack ranking. This persists even when it seems to demonstrably harm the companies. So dropping 50% even if it harms the company may become a major move.
- zimpenfish 4y ago> into a profitable adtech powerhouse Isn't one of his stated goals for Twitter to become much less reliant on advertising income? Hence the whole Twitter Blue $8/month thing.