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There's a "right" way and a "wrong" way to go about reducing headcount. I'm not exactly sure what the "right" way is, but I'm pretty sure that Elon's way ain't
by JeremyNT 4y ago
There's a "right" way and a "wrong" way to go about reducing headcount.
I'm not exactly sure what the "right" way is, but I'm pretty sure that Elon's way ain't it.
- starik36 4y agoThe only thing that matters is what you take from it. Severance. Everything else is completely and utterly immaterial.
- cody_coconuts 4y agoThat might be the only thing that matters to you, but that's not what matters to many others, or notably, the law
- Quarrelsome 4y agothat's not entirely true. Going out of your way to slander your former employees while revealing private medical information about them is nowhere near as kind as stating that your former employees are hard-working but the company simply made strategic employee head-count mistakes and needed to downsize.
- darth_avocado 4y agoThe 1 month of severance?
- 93po 4y agoYou mean by providing several months of severance? And not doing it wave after wave like other big tech companies are doing?
- fnimick 4y agoAre you serious? People have had to threaten to sue to get the severance that was agreed on, and there are regular waves of twitter layoffs on practically a weekly basis.
- darth_avocado 4y agoWhat severance? There is only 1 month of severance. People are on payroll for 2 months because of the WARN act and not because he’s generous. Every single tech company has months of severance on top of the WARN act. But that’s what he’s said he’ll pay, but in reality he’s not even paying people what they’re owed. There’s already quite a few lawsuits on how he’s not paying things. He’s not paying anyone last year’s bonus, he’s not paying people’s buyout payments for terminating early, he’s firing people instead of laying them off because he doesn’t have to py severance, he’s not honoring anything agreed upon in the acquisition agreement. Please be informed before you actually talk about this.
- Nokinside 4y agoHaraldur Thorleifsson is the creator of the design studio Ueno, which Twitter purchased in 2021. The deal was structured so that he gets paid the entire deal upon his termination. This tweet rant can cost up to $100 million for Musk. >He’s not paying anyone It's mostly dirty tactics. Musk estimates that significant amount of employees are not smart enough to get what they are owned. He tries to get away without paying. Only those people who sue for wrongful termination, or unpaid bonuses get paid.