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Could be the changing job market, Musk knows it. If this was the job market like a year or six months ago, Musk would had kept his mouth shut. Elon comes across

Could be the changing job market, Musk knows it. If this was the job market like a year or six months ago, Musk would had kept his mouth shut. Elon comes across extremely opportunistic, which is not surprising but he comes across opportunistic in a cruel way. Something that wider group of people should realize and take appropriate steps

keneda7 4y ago
Could you please elaborate a little more? Are you saying because of the flood of workers into the market Musk is able to act this way?
- negamax 4y ago
  I am saying job market is not as robust as it was a year or two ago. Feds tightening has beginning to affect well run companies and workers. There's talk about recession. If it was 2021, anyone from Twitter could have walked into Facebook and get a job
  - keneda7 4y ago
    Ah that makes complete sense. I never thought of it that way before but your logic follows. Musk sees what is going on and knows he can take advantage of it. Thank you for explaining.
  - bcrosby95 4y ago
    The problem they're going to run into is the best engineers have prospects elsewhere, regardless of the economy.
    - fellellor 4y ago
      How many of the best engineers could Twitter possibly be employing? Other companies with sufficient cash might already have their share of the best. If you are really good, you will certainly find takers but unlikely at the same high compensation levels. The state of the economy might be more crucial to anybody’s prospects than you might think.
- idiotsecant 4y ago
  A year ago getting workers was very nearly impossible because easy credit was flowing like water and capital was abundant. In addition, historical level of retirement was bringing available, knowledgeable workers out of the market. Anyone who drove workers away was shooting themselves in the foot since those workers were very difficult to get back. Today, the labor market is rougher for employees and easier for employers - credit is drying up and many projects that were employing workers are dying. More workers are competing for fewer positions and even some workers that thought they would retire are coming back after losing money in the markets has made retirement less viable. I think parent post is saying that musk is a (somewhat) rational actor - when labor was scarce he would have been more careful not to offend. While labor is plentiful he doesn't care how badly he treats his employees because they don't have a better option. Not sure I agree with that point - musk seems like an even mix of carnival barker and bipolar to me, but I think that's the idea.

keneda7 4y ago

Could you please elaborate a little more? Are you saying because of the flood of workers into the market Musk is able to act this way?

negamax 4y ago
I am saying job market is not as robust as it was a year or two ago. Feds tightening has beginning to affect well run companies and workers. There's talk about recession. If it was 2021, anyone from Twitter could have walked into Facebook and get a job
- keneda7 4y ago
  Ah that makes complete sense. I never thought of it that way before but your logic follows. Musk sees what is going on and knows he can take advantage of it. Thank you for explaining.
- bcrosby95 4y ago
  The problem they're going to run into is the best engineers have prospects elsewhere, regardless of the economy.
  - fellellor 4y ago
    How many of the best engineers could Twitter possibly be employing? Other companies with sufficient cash might already have their share of the best. If you are really good, you will certainly find takers but unlikely at the same high compensation levels. The state of the economy might be more crucial to anybody’s prospects than you might think.
idiotsecant 4y ago
A year ago getting workers was very nearly impossible because easy credit was flowing like water and capital was abundant. In addition, historical level of retirement was bringing available, knowledgeable workers out of the market. Anyone who drove workers away was shooting themselves in the foot since those workers were very difficult to get back. Today, the labor market is rougher for employees and easier for employers - credit is drying up and many projects that were employing workers are dying. More workers are competing for fewer positions and even some workers that thought they would retire are coming back after losing money in the markets has made retirement less viable. I think parent post is saying that musk is a (somewhat) rational actor - when labor was scarce he would have been more careful not to offend. While labor is plentiful he doesn't care how badly he treats his employees because they don't have a better option. Not sure I agree with that point - musk seems like an even mix of carnival barker and bipolar to me, but I think that's the idea.