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I don't care a lot about Twitter itself, and I'm willing to entertain the notion that it could function equally "well" with a much smaller fraction of the workf

I don't care a lot about Twitter itself, and I'm willing to entertain the notion that it could function equally "well" with a much smaller fraction of the workforce... But this is something that should be implemented gradually. Here is someone who just stepped into the company, and he's laying off people en masse. Even if you concede that Musk is some sort of genius (which I don't, but that's besides the point), that doesn't mean that you can just walk into a company and tell from day 1 who is productive and who isn't. And even if you could, making redundancies obsolete isn't something you can just do in one go, even if certain people and processes are inefficient there would probably be a need for a transition period where the institutional knowledge can be transferred. Given everything else I know about Musk and this deal, this looks to me like a knee-jerk action, not a careful business decision.

dmix 4y ago
It's almost like blaming the new president for having to raise taxes after the last president spent too much $$ and raised the deficit during the good times. When Twitter massively expanded their headcount over the last 3 years their stock price was nearly 30%+ higher than it was before the stock market tanked. People here aren't paying the bills or looking at the financial sheets. We're taking a human look at it (which is good) but there's more to this stuff. The C-suite was probably waiting for Musk to take over to make any hard choices that were coming anyway.
- r00fus 4y ago
  All of what you said does not absolve the fact that Musk is acting whimsically and clearly showing errors of judgement in his words an actions since taking ownership. Memes aside (I kinda LOL at his sink joke), he is breaking laws and terminating entire departments without any handover or planning. The entire verified fiasco is a good indicator - the new process won't actually require verification of identity - is essentially a shakedown of existing verified users.
  - type-r 4y ago
    source for breaking laws? I've only seen speculation over the past few weeks that he's not paying severance, however in actuality we now see he's paying them until beginning of Feb to not work.

dmix 4y ago

It's almost like blaming the new president for having to raise taxes after the last president spent too much $$ and raised the deficit during the good times. When Twitter massively expanded their headcount over the last 3 years their stock price was nearly 30%+ higher than it was before the stock market tanked. People here aren't paying the bills or looking at the financial sheets. We're taking a human look at it (which is good) but there's more to this stuff. The C-suite was probably waiting for Musk to take over to make any hard choices that were coming anyway.

r00fus 4y ago
All of what you said does not absolve the fact that Musk is acting whimsically and clearly showing errors of judgement in his words an actions since taking ownership. Memes aside (I kinda LOL at his sink joke), he is breaking laws and terminating entire departments without any handover or planning. The entire verified fiasco is a good indicator - the new process won't actually require verification of identity - is essentially a shakedown of existing verified users.
- type-r 4y ago
  source for breaking laws? I've only seen speculation over the past few weeks that he's not paying severance, however in actuality we now see he's paying them until beginning of Feb to not work.