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I understand that layoffs suck. But it's not different at any other company. Just because it is Twitter, tech, and Elon, we can make a big deal out of it and p
by jbgt 4y ago
I understand that layoffs suck. But it's not different at any other company.
Just because it is Twitter, tech, and Elon, we can make a big deal out of it and public outcry, insult the CEO etc.
But when it's any other large company being taken over, needing to pivot, and laying off 30-50% of staff... people are much more understanding.
What I'm really surprised about is the firings of pregnant women. In other countries, this is more strictly regulated.
- theCrowing 4y agoCan you show one example of a 500 company in the last 10 years that layed off 50% of their headcount on a single day?
- LatteLazy 4y agoI don't know about 50% but Citi group, Boeing, Ford and GM all did lay-offs in the 20-30% range in the last 20... https://fortune.com/2015/09/20/biggest-corporate-layoffs/ https://fortune.com/2015/09/20/biggest-corporate-layoffs/ HP did 30% in 2008 over multiple rounds. Does anyone actually know how many Musk is laying off? (It seems there is an enormous amount of BS being claimed here, I heard 80%+ but with no reliable numbers, who knows)
- theCrowing 4y agothere is a leaked list with 3578 people that's roughly 50%.
- firstSpeaker 4y agoLink to the leaked list?
- lokar 4y agoI didn’t understand how they justify seemingly ignoring CA laws on mass layoffs. Oh, right the laws don’t apply to tech billionaires.
- GuB-42 4y ago> What I'm really surprised about is the firings of pregnant women. In other countries, this is more strictly regulated. I don't think it is forbidden to fire pregnant women, even in countries where it is strictly regulated. However, it is usually forbidden to fire women because they are pregnant. Here Twitter laid off half of their staff, and if they can show that they were "fair" (for example by firing only half of the pregnant women) they may get a pass. But anyways, in countries where pregnant women are well protected, employees in general are also well protected and Musk wouldn't be able to do what he does now.
- snapplebobapple 4y agoThere is a really fine line between well protected and economy damaging. When you look at twitters structure this was a long time coming and really needed to happen to turn twitter into a competitive company. It would be a shame if this could not be done because it would leave Twitter being an utter dog on the way to eventually failing and would tie up many thousands of talented people doing useless, wasteful stuff. It will be oainful but atleast now twitter has a chanve to grow ibto somethibg better and thousands of people will be freed up fir far more productive tasks, including pursuing their own great ideas via a startup.