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> What am I missing? The fact that a massive number of high-profile advertisers have announced they've stopped buying ads? > > Audi of America, United Airline

> What am I missing? The fact that a massive number of high-profile advertisers have announced they've stopped buying ads? > > Audi of America, United Airlines, General Mills, General Motors, Volkswagen, Modelez International (which makes popular products like Oreos), and Omnicon (which manages advertising for brands like McDonalds and Apple) So two of the world's largest automakers, the world's richest computer company, one of the largest food companies in the US, the largest fast food chain in the world....yeah, I'm sure they'll keep right on with that "upward trajectory" with revenue falling like a lead balloon. ...and not just because of a risk of hate speech and other not-brand-safe stuff happening, but because they rightly feel that the company losing half its staff (the half too stupid to leave) has serious implications for almost every aspect of Twitter's operations, including minor little things like cybersecurity. Who's going to be doing pentesting? Who's going to be patching exploits in the mobile clients and website? Who's monitoring for things like bot networks registering fake accounts (remember when Elon was concerned about that?) and pushing tweets full of political, economic, or social misinformation? Dollars to donuts twitter starts having problems with shit like tiktok's endlessly destructive "challenges." Hell, advertisers are probably wondering whether they'll even get a bill or know where to send a check. https://arstechnica.com/tech-policy/2022/11/twitter-mayhem-staff-cuts-have-advertisers-bailing-on-the-platform/ https://arstechnica.com/tech-policy/2022/11/twitter-mayhem-s... That it's not "personnel changes" but thousands of their best employees leaving? (It's not the worst people that leave.) That it took barely 48 hours for Musk to cause a major outage, accidentally killing the services that handled 2FA because he thought "bah, all these silly microservices" That Tesla stock was at ~$380 this year and is now at half that? In less than a month it's gone from $230 to $180.2

kromem 4y ago
Omnicom is a much bigger deal than those two clients. It's the second largest advertising holding company in the world. That's the biggest deal of all the names quoted by a LARGE degree. They have 5,000 different clients.
0xy 4y ago
>That it's not "personnel changes" but thousands of their best employees leaving? If you pick a random 50% of people from ANY company, only 10-20% of that group are actually high performers. As Musk pointed out, there were several developers laid off who wrote zero lines of code in three months. Sorry, but that's unacceptable and is not indicative of high performance. Top performers may write 1,000 lines of quality code per quarter, but it's never zero. If you're writing docs all day, you're useless. Also consider the leaked Project Veritas videos of a Twitter senior engineer admitting he worked only 4 hours a week. The "top performers" laid off you defend literally work less than 1 day a week.

kromem 4y ago

Omnicom is a much bigger deal than those two clients. It's the second largest advertising holding company in the world. That's the biggest deal of all the names quoted by a LARGE degree. They have 5,000 different clients.

0xy 4y ago

>That it's not "personnel changes" but thousands of their best employees leaving? If you pick a random 50% of people from ANY company, only 10-20% of that group are actually high performers. As Musk pointed out, there were several developers laid off who wrote zero lines of code in three months. Sorry, but that's unacceptable and is not indicative of high performance. Top performers may write 1,000 lines of quality code per quarter, but it's never zero. If you're writing docs all day, you're useless. Also consider the leaked Project Veritas videos of a Twitter senior engineer admitting he worked only 4 hours a week. The "top performers" laid off you defend literally work less than 1 day a week.