5 ms·
Putting aside how this was handled, Elon is looking at a business which is losing money and doesn't have a clear path to make money, and acting accordingly. Hi
by gz5 4y ago
Putting aside how this was handled, Elon is looking at a business which is losing money and doesn't have a clear path to make money, and acting accordingly.
His priority is not to preserve the business - the business is broken as defined by cash flows.
Can it be more 'broken'? Sure. Elon is taking that risk in exchange for increasing the probability (in his opinion) of reinventing Twitter as a sustainable business. That is a risk that each Twitter employee needs to decide if makes sense for their situation.
So this unfortunate in many regards, but I don't think the core of this is materially different in scope than the type of situations which could develop at just about any one of our employer's (albeit it at a much larger scale than most).