4 ms·

>In addition to the payroll team being gone, Twitter's entire US tax team is gone, I'm told, along with its financial reporting team. Not great. https://twitte

by r721 4y ago

>In addition to the payroll team being gone, Twitter's entire US tax team is gone, I'm told, along with its financial reporting team. Not great. https://twitter.com/HaysKali/status/1593449877094047744 https://twitter.com/HaysKali/status/1593449877094047744

Havoc 4y ago
I bet the SEC is thinking “not this guy again”
- nemo44x 4y ago
  They are a private company. The SEC has nothing to do with them.
  - dmajor2 4y ago
    No, the SEC maintains oversight of private institutions as well. The example that comes to mind is SEC’s investigation of Theranos.
mikeyouse 4y ago
No payroll, tax, compliance, legal, finance? Just needs some crypto sprinkled in and he can run FTX 2.0!
- dougmwne 4y ago
  You jest, but I would not be surprised if he launched a few twitcoins.
  - nprateem 4y ago
    He's probably going to buy up a load of dogecoin then pump it by saying it'll be accepted on the site, and use the profits to keep the lights on for a while
    - devoutsalsa 4y ago
      It’s time to hard fork ELON BUYS TWITTER and start pumping the new ELON BOUGHT TWITTER. https://coinmarketcap.com/currencies/elon-buys-twitter/ https://coinmarketcap.com/currencies/elon-buys-twitter/
fbdab103 4y ago
The Big Four are licking their lips at the thought of swooping in at hazard pay to the tune of hundreds of accountants.
pjc50 4y ago
Don't need a financial reporting team if you're not going to make it to the end of the tax year.
- christophilus 4y ago
  FTX has entered the chat: "I concur."
GreekLegends 4y ago
The source is a random tweet. It's incredible to see people consume such propaganda wholesale. There seems to be a derangement when it comes to Elon Musk, people will literally believe anything. Millions of people last week ACTUALLY BELIEVED that Elon Musk shut down the the microservice responsible for 2FA. The source of that story was also a random tweet.
- r721 4y ago
  >Covering social media cos for Insider. >khays@insider.com She's a senior tech reporter at Business Insider/Insider: https://www.businessinsider.com/author/kali-hays https://www.businessinsider.com/author/kali-hays
  - voakbasda 4y ago
    You say that like we trust the press to be objective and thorough when researching and presenting a topic.
    - r721 4y ago
      I meant it's not a "random tweet" from anon. As for "like we trust the press to be objective" you are free to trust whoever you want, but I have seen what "anti-MSM" people share in their uncensored places, and that's no better than mainstream journalism at all.
nemo44x 4y ago
It doesn’t matter. They aren’t public anymore and Elon Musk has tons of finance and tax people across his business empire. You think a guy worth hundreds of billions doesn’t have a team of finance people?
- cedilla 4y ago
  Not op, but I actually don't think that a guy who apparently likes to trim the fat has a bunch of finance people around who have enough free time to do payroll and reporting for a 44 billion dollar company that was just acquired and is in the process of letting go thousands of employees.
- int_19h 4y ago
  A better question is whether he's going to listen to those people anymore so than he listened to the engineers.
r721 4y ago
Article by Kali Hays: >Twitter loses payroll department, other financial employees as part of mass resignation under Elon Musk https://www.businessinsider.com/twitter-payroll-finance-department-resigns-en-masse-under-elon-musk-2022-11 https://www.businessinsider.com/twitter-payroll-finance-depa...

by r721 4y ago

Havoc 4y ago

I bet the SEC is thinking “not this guy again”

nemo44x 4y ago
They are a private company. The SEC has nothing to do with them.
- dmajor2 4y ago
  No, the SEC maintains oversight of private institutions as well. The example that comes to mind is SEC’s investigation of Theranos.

mikeyouse 4y ago

No payroll, tax, compliance, legal, finance? Just needs some crypto sprinkled in and he can run FTX 2.0!

dougmwne 4y ago
You jest, but I would not be surprised if he launched a few twitcoins.
- nprateem 4y ago
  He's probably going to buy up a load of dogecoin then pump it by saying it'll be accepted on the site, and use the profits to keep the lights on for a while
  - devoutsalsa 4y ago
    It’s time to hard fork ELON BUYS TWITTER and start pumping the new ELON BOUGHT TWITTER. https://coinmarketcap.com/currencies/elon-buys-twitter/ https://coinmarketcap.com/currencies/elon-buys-twitter/

fbdab103 4y ago

The Big Four are licking their lips at the thought of swooping in at hazard pay to the tune of hundreds of accountants.

pjc50 4y ago

Don't need a financial reporting team if you're not going to make it to the end of the tax year.

christophilus 4y ago
FTX has entered the chat: "I concur."

GreekLegends 4y ago

The source is a random tweet. It's incredible to see people consume such propaganda wholesale. There seems to be a derangement when it comes to Elon Musk, people will literally believe anything. Millions of people last week ACTUALLY BELIEVED that Elon Musk shut down the the microservice responsible for 2FA. The source of that story was also a random tweet.

r721 4y ago
>Covering social media cos for Insider. >khays@insider.com She's a senior tech reporter at Business Insider/Insider: https://www.businessinsider.com/author/kali-hays https://www.businessinsider.com/author/kali-hays
- voakbasda 4y ago
  You say that like we trust the press to be objective and thorough when researching and presenting a topic.
  - r721 4y ago
    I meant it's not a "random tweet" from anon. As for "like we trust the press to be objective" you are free to trust whoever you want, but I have seen what "anti-MSM" people share in their uncensored places, and that's no better than mainstream journalism at all.

nemo44x 4y ago

It doesn’t matter. They aren’t public anymore and Elon Musk has tons of finance and tax people across his business empire. You think a guy worth hundreds of billions doesn’t have a team of finance people?

cedilla 4y ago
Not op, but I actually don't think that a guy who apparently likes to trim the fat has a bunch of finance people around who have enough free time to do payroll and reporting for a 44 billion dollar company that was just acquired and is in the process of letting go thousands of employees.
int_19h 4y ago
A better question is whether he's going to listen to those people anymore so than he listened to the engineers.

r721 4y ago

Article by Kali Hays: >Twitter loses payroll department, other financial employees as part of mass resignation under Elon Musk https://www.businessinsider.com/twitter-payroll-finance-department-resigns-en-masse-under-elon-musk-2022-11 https://www.businessinsider.com/twitter-payroll-finance-depa...