4 ms·
It is incredible to look at these companies and see the staggering amount of losses and costs they have, plus the headcount. There could be entire departments
by EMM_386 4y ago
It is incredible to look at these companies and see the staggering amount of losses and costs they have, plus the headcount.
There could be entire departments dedicated to figuring out whether or not the "like" and "retweet" buttons should have rounded corners or not, that sort of thing.
At some point, reality has to hit and apparently, Musk is the one who's going to bring it.
Is it being done in a shocking way to those who haven't been through this with other companies? Maybe. But how else is this company going to actually ever become profitable?
- watwut 4y agoMusk paid huge money to get that thing. He paid multiple times the estimated price. The company is now in deep deep debt that was not nearly as large before - because company now owns the money Musk did not had. He is not hand of the market. He is someone who made pretty bad business and has very little chance to fix. And yes, there is likely someone doing UI decisions. Usually it is good idea to have special people good with visuals to make these artistic decisions.
- EMM_386 4y ago> Usually it is good idea to have special people good with visuals to make these artistic decisions. The question is, how many people?
- watwut 4y agoNeither I nor person I responded to knows. However, person I responded to took issue with mere existence of such position. I know that that comment was just pure emotion and hate. But, the fact is, there is nothing wrong with having department for visuals. Or department for marketing or department for communication with advertisers or what have you.
- conaclos 4y agoWith this kind of mass and rapid layoffs, I will expect more losses in medium and long term since you destroy a working system. A lot of failures will emerge because no one is left for monitoring or fixing some issues.
- PM_me_your_math 4y agoDestroying a work system that loses 1100Mm a year is not a strategic loss. It is a gain in the direction you want to take the company (gain instead of loss)
- BananaPelican 4y agoDo you work at Twitter? My wife did until today, though not in the department of “rounded corners on retweet buttons”. It sounds to me like you’re repeating talking points and memes, but speaking from a position of ignorance.