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This post notes that the savings were net of cost. Maybe Eric is wrong, but assuming his math checks out, cutting a team that delivers net savings can’t be just
by function_seven 4y ago
This post notes that the savings were net of cost. Maybe Eric is wrong, but assuming his math checks out, cutting a team that delivers net savings can’t be justified on the basis of cost-cutting.
- MengerSponge 4y agoIt only makes sense if you can make it up in volume. https://www.youtube.com/watch?v=KodqIPMbyUg&t=53s https://www.youtube.com/watch?v=KodqIPMbyUg&t=53s
- beachy 4y ago> a team that delivers net savings can’t be justified on the basis of cost-cutting ..in theory not, but in practice cost-cutting is often less a scientific, data-based project and more a cataclysmic purgative process where factors such as speed of execution are important. e.g. Elon has certainly lost many, many great people and teams who were net positive for Twitter's bottom line in his recent purges. But he probably thinks there is huge value in acting quickly and putting the aggressive cutting behind him and inserting his "hardcore" team. There would be a real cost to the Twitter shareholders in doing a slow and scientific analysis of who to cut - there's a case to be made that a ruthless tearing off of the bandaid would more quickly lead to a profitable place, even if there is collateral damage on the way.