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People are talking about mass layoff in Twitter. But remember that,Steve Jobs did the same thing 25 years ago (after he rejoined Apple). Steve has fired 4000 pe
by magundu 4y ago
People are talking about mass layoff in Twitter. But remember that,Steve Jobs did the same thing 25 years ago (after he rejoined Apple). Steve has fired 4000 people right way to reduce the expenses and hired people needed for his mission.
- loceng 4y agoIt's the fastest way to purposefully destroy whatever culture has formed (arguably poorly if the company is in its present state), and then can quickly rehire based on new, arguably better, direction; risky bet IMHO to bet against Elon with his track record of making at least more good decisions than bad ones, so far, with Tesla, SpaceX, etc.
- itsdrewmiller 4y agoThat wasn't all that similar: https://money.cnn.com/1997/03/14/technology/apple/ https://money.cnn.com/1997/03/14/technology/apple/ It was a smaller fraction of workers (30%) and was the third layoff in the past year, with the previous two happening before Jobs had even rejoined the company (and he wouldn't become CEO for 6 more months, though likely he was shadow CEO only 4 months later).