5 ms·
You should never have to halve your workforce. What sort of situation would lead to you thinking on 1 day that you don’t need to fire anyone, and thinking on t
by rhaway84773 4y ago
You should never have to halve your workforce.
What sort of situation would lead to you thinking on 1 day that you don’t need to fire anyone, and thinking on the next that you need to halve your company size? It’s just not practical.
In a situation where you think a certain product has to go completely, you will likely spin it off to someone else. Even if you don’t get paid for it.
Of course, maybe if leadership changes. But if you think a company is being run so poorly that you think it can actually get by at half the workforce, you would never buy that company in the first place.
Which is exactly why Musk didn’t want to buy Twitter. But he ran his mouth too soon and so was trapped into doing so at a premium to an already inflated stock price.
- ethagknight 4y agoWhat do you think Elon actually purchased when he bought Twitter? Why did he buy it? Elon was never looking for blue chip dividends, he’s buying it because he thought he could improve on operational efficiency and delete a lot of the BS (his view) occurring at the company.
- Ambolia 4y agoI assume many companies will be doing the same in the incoming months with this economy. Elon just took the chance to get some free publicity from it from a lot of people who hate the media.
- rhaway84773 4y agoHe bought Twitter because the SEC and court systems forced him to.