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> because it's hard to imagine anyone taking an offer from Twitter at this point That's what increased compensation is for. Except in this case, Elon has both
by minimaxir 4y ago
> because it's hard to imagine anyone taking an offer from Twitter at this point
That's what increased compensation is for.
Except in this case, Elon has both pushed for cutting costs (negating the ability to pay increased compensation) and also pushed for a much worse work-life balance to the point that increased compensation may still result in worse $/hr than another tech job.
- Zigurd 4y agoAlso, the equity investors are all solidly underwater. The debt holders are under water by maybe half. So anyone with an incentive package is last in line behind the creditors and the equity investors.