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I don't think "the majority of the engineers at Twitter were adding no value to the company" is a fair statement: one because it's not clear that it was the maj
by mjr00 4y ago
I don't think "the majority of the engineers at Twitter were adding no value to the company" is a fair statement: one because it's not clear that it was the majority, two because it wasn't necessarily "no value" as much as "not as much value as other product areas", and three because it wasn't just engineering, it's product managers, sales, marketing, community managers, everyone.
That being said I do think Elon's bold moves at Twitter sent a shock through the industry. It made executives reevaluate their company's business strategies and if the non-core-business functions actually even made sense. Why is Google making a cloud gaming service, much less funding a video game studio? Why is Twitter employing people to debunk climate change? Why is Amazon employing a team of people to write jokes for their unprofitable smart home device?
Corporate bloat has been common forever, but it's been especially common over the past decade with zero interest rates. There's been basically zero focus on expenses and 100% focus on growth at all costs.
Scary part is we might just be getting started. Maybe we will see 50% cuts at Google/Meta/Amazon by the end of the year.
- woeirua 4y agoI think Elon was stupid in cutting the account managers and salespeople, but clearly there has been no noticeable difference in the service now that all those engineers are gone. Hence the comment about not adding value. And if you read the whistleblower report you might seriously question what they were doing before Elon reset everything. I wouldn’t be surprised if 2023 marks the start of another tech recession. The era of outrageous tech salaries is over.