Twitter & job cuts

[DwightFrye]

It's not just that Twitter was over staffed with a great many employees doing nothing of value each day. If you have followed the reports of the reactions by employees of Elon buying the company you would know that you don't want people with those kinds of attitudes working for you. They are a bunch of self entitled whiners and crybabies. And many were having meltdowns knowing that Twitter would no longer be able to influence public opinion and elections in the way that they thought was good for the country.

The executives that were fired walked away with huge Golden Parachutes. If the rank and file employees walk away with two week's severance pay they will be lucky. Too bad. Welcome to the real world.

Elon will make TWTR profitable, then sell it for a tidy profit in a few years. And thumb his nose at the advertisers who threaten to drop out if certain people are allowed to have their accounts reinstated.

 

[Blueshound]

I hope he fires everyone and shuts it down permanently. Twitter is, and has always been a cesspool catering to the lowest common denominator.

 

[4WD]

Birds of feather will flock together as they fly to new nests …

 

[SC Maintenance]

I think Elon is pretty smart but a jerk, and I think Twitter is full of non value added idiots, how do you need thousands of people to run an online bulletin board others post to. 100 people at max.. Sounds like they deserve each other to me.

 

[SubieRubyRoo]

Twitter has been a public company since 2013, 2019 is the first year it didnt lose money and showed a profit while it is losing millions of users.
Clearly this is a distressed operation and it is now Elon Musks private company for him to take whatever measures he needs too.
He has had 6 months or more of planning on where to start cutting. Its so bad that even employees of the company admit it could stand to ahve some job cuts. Think about that, how many times to you hear employees saying that as their company is being bought out?

Its going to be interesting what his plans are. I am sure he has a plan.

I’m sure Twitter probably did the same thing the company I work for did; when the writing was on the wall that we were ripe for being purchased, corporate office began creating new positions like mad and the head count at corporate grew to roughly the same amount as all 14 plants’ salaried headcount combined. Once the purchase went through, new management cut roughly 40% of the corporate head count.

The people with entirely non-value-added positions had padded the overall structure in hopes their jobs would not be axed under the new bosses, that’s it.

 

[Hyundai Respecter]

I happened to be up in the Bay Area a few days ago. On the news was a Twitter employee who had just been fired. He had his box of stuff and made a comment to the reporter that he wasn't sure how he was going to make his car payment. And then he drove off in a Tesla!

The irony....

I worked in Silicon Valley my entire career. There is nothing tragic about Twitter employees being laid off. Workforce "churn" and layoffs are part of the game in Silicon Valley.

Scott

If it was this story it was fake. Just a couple guys trolling the media

 

[4WD]

Elon is smarter than most people.

Let that sink in

 

[AZjeff]

That's what they get for not allowing some folks 1st amendment whether they agree or not.

1A doesn't apply to private companies, only the government. Some incorrectly complain about the speech restrictions at BITOG violating their 1A rights. Hopefully Twitter will develop a code of conduct enforced equally on all.

 

[SShooterZ]

Technology will run for a long time without any humans touching it. i.e. he could cut deep immediately and customers wouldn't notice.

My advise: Enjoy the experience of someone buying a company for stated benevolent purposes, even if it's not your purposes. I don't remember anybody doing that before. Not many could do it, especially knowing it'll be subject to today's cancel culture.

I don’t think anything Elon does is benevolent in any way. His focus is on stuffing his pockets.

 

[oldcodger]

The man owns the company. He can do whatever he wants with it.

 

[spasm3]

1A doesn't apply to private companies, only the government. Some incorrectly complain about the speech restrictions at BITOG violating their 1A rights. Hopefully Twitter will develop a code of conduct enforced equally on all.

Exactly 1A does not apply to the workplace. Now, some claimed that Twitter was complicit with gov requests, that might be a 1A issue.

 

[4WD]

Exactly 1A does not apply to the workplace. Now, some claimed that Twitter was complicit with gov requests, that might be a 1A issue.

There’s something we wait to hear more on …

 

[PWMDMD]

1A doesn't apply to private companies, only the government. Some incorrectly complain about the speech restrictions at BITOG violating their 1A rights. Hopefully Twitter will develop a code of conduct enforced equally on all.

Soooooo many people do not realize this important point. As a private business owner, I'm constantly dealing with idiots claiming they have rights in my private business that they do in fact not have.

Between constitutional rights in private business and people claiming they can't answer questions ABOUT THEMSELVES because it violates their HIPAA rights, I have seen and heard it all!

 

[SC Maintenance]

1A doesn't apply to private companies, only the government. Some incorrectly complain about the speech restrictions at BITOG violating their 1A rights. Hopefully Twitter will develop a code of conduct enforced equally on all.

Thats not quite accurate in the case of big tech. There protected from slander lawsuits, etc under federal law - because there supposed be be running a public forum that allows free speach - so long as it doesn't violate there public decency polices - ie threats, porn, etc.

So when they sensor one side of a polictical argument but not the other, their now journalists - who should be open to slander and other similar lawsuits.

Take away the federal protections and I am with you. Otherwise its incorrect.

As for BITOG - I can come here and say oil brand X, Y, Z sucks and they don't much care. They only moderate the other rules - politics, decency, etc. They were the reason for the federal protections, not twatter.

 

[SubieRubyRoo]

Thats not quite accurate in the case of big tech. There protected from slander lawsuits, etc under federal law - because there supposed be be running a public forum that allows free speach - so long as it doesn't violate there public decency polices - ie threats, porn, etc.

So when they sensor one side of a polictical argument but not the other, their now journalists - who should be open to slander and other similar lawsuits.

Take away the federal protections and I am with you. Otherwise its incorrect.

As for BITOG - I can come here and say oil brand X, Y, Z sucks and they don't much care. They only moderate the other rules - politics, decency, etc. They were the reason for the federal protections, not twatter.

As long as rules are enforced equally, it shouldn’t much matter. It’s literally the foundation of this country’s formative documents. If you don’t like the rules, you have two choices: follow the procedures and try to change them; or leave and find someplace with a different set of rules.

I’m still disappointed that all those celebrities made false promises that they were departing after they claimed the country was going to implode in January 2017. We’d be much better off if they had backbone and followed through!

 

[Wrenchturner44]

The news has Elon Musk & Twitter looking to make imminent & huge job cuts. He bought the company and can do as he wishes. Two comments however.

1) the employees were due to be awarded stock on Nov 1. If they do the job cuts on Oct 31 so they do not get the stock awards then I think that is just crap.

2) if you bought the company on Thur then no way are you ready to do huge job cuts a few days later.

It may be crap, but I know of a Fortune 200 company who provides 401k matching funds to all employees who are indeed employed on Dec 15th. This same company is famous for doing RIFs in November so that they can get out of having to pay those funds out to the employees who participated in the 401k plan since the beginning of the year.

This same company is a large conglomerate with multiple divisions and brags to "the street" about how their earnings are consistent year over year.

Bottomline is you are correct, that these kind of practices, no matter what they are, are not favorable to employees, especially the rank and file. That is exactly why there is no more corporate loyalty on behalf of most employees, especially the younger generation, and why Quiet Quitting has become more of the norm for employee behaviour.

When asked, I always advise younger generation workers to work and invest so that they have options when it comes to the big corporate employment practices. "Money can't buy happiness, but it sure can provide you lots of options".

 

[4WD]

It may be crap, but I know of a Fortune 200 company who provides 401k matching funds to all employees who are indeed employed on Dec 15th. This same company is famous for doing RIFs in November so that they can get out of having to pay those funds out to the employees who participated in the 401k plan since the beginning of the year.

This same company is a large conglomerate with multiple divisions and brags to "the street" about how their earnings are consistent year over year.

Bottomline is you are correct, that these kind of practices, no matter what they are, are not favorable to employees, especially the rank and file. That is exactly why there is no more corporate loyalty on behalf of most employees, especially the younger generation, and why Quiet Quitting has become more of the norm for employee behaviour.

When asked, I always advise younger generation workers to work and invest so that they have options when it comes to the big corporate employment practices. "Money can't buy happiness, but it sure can provide you lots of options".

Or done in August with 4 months on the payroll while home/looking for work - vested early if not 15 year …

 

[c502cid]

They can always learn to code.

 

[bullwinkle]

They can always learn to code.

And move to India or Bangladesh…

 

[SC Maintenance]

As long as rules are enforced equally, it shouldn’t much matter. It’s literally the foundation of this country’s formative documents. If you don’t like the rules, you have two choices: follow the procedures and try to change them; or leave and find someplace with a different set of rules.

Is that not exactly what I said - they sensor one side of the argument and not the other - hence there journalists now.

If they let both parties speak then exactly - who cares.

Twitter doesn't. They sensor and ban all kinds of crap based on affiliation - then hide behind the internet public forum laws.

The NY Times, CNN, FOX can say any crap they want about anyone, but they can also be dragged into court over it as well. Twitter can not. They hide behind "we didn't write it" BS. So if I write something they like, good. If you write something they don't like, then your banned. Its not equal, and its no longer a public forum.