Elon Musk cuts Twitter employee benefits as he warns of bankruptcy

Pegasus

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If that were true Musk wouldn't have gone to the trouble of buying them as he did. He simply could have waited for it to fail and owned it outright for cents on the dollar and probably would've had a better reception from the Twitterati in general.

Yeah, but Musk is a conman / loser / can't run a business / idiot / was born rich / got government subsidies / alien from lizard planet / wasn't really going to buy twitter / complete failure / etc...
 

Easter Bunny

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So you expected him to run it into the ground due to what? He's previously massive successes that tower in comparison to anything you have done your whole life. Funny fact twitter and all big tech in US was over inflated in value. The investment wasn't needed it was quick money making schemes. The investors cached out its pay day.
Not any action he has done is driving the company to bankruptcy. Thry company drove itself there when it overstuffed because of the massive investment pool. I think it's possible Musk said this, but maybe it was the oculus guy.... but a company can have too much funding. When it has too much funding people plan big things long term with lotsa money invested into it and **** things up. Like Twitter. Twitter has many departments that has nothing to do with the business of dropping tweets.

Twitter ran themselves into the ground and lied about it.
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Pegasus

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Valid criticism?
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quovadis

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No, the product is the problem.

You can't communicate effectively with just 140 characters and most of your audience is anon spam bots.
Imho the product was never the problem. I don't even believe official twitter policy was the problem. I think it was enforcement and interpretation of the policy that many took issue with. The cesspool is and will always be the constant.
 

Nerfherder

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Imho the product was never the problem. I don't even believe official twitter policy was the problem. I think it was enforcement and interpretation of the policy that many took issue with. The cesspool is and will always be the constant.
Well I suppose its what its being used for then. Its supposed to be a micro bloging platform but is basically a giant watsapp group.
 

mpdjhb

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Amazes me how people are ready to fight for some perceived hero that has never heard of them and would likely not piss on them if they were on fire.
 

Pegasus

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Arguably Facebook is better suited as its less anonymous and you can articulate better but agree, social media has created this mess.
I agree with that one. There was a nice forum on fb once with “real” people. Once the owners opened it up to the outside world it got destroyed in a few months.
 

Pitbull

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If that were true Musk wouldn't have gone to the trouble of buying them as he did. He simply could have waited for it to fail and owned it outright for cents on the dollar and probably would've had a better reception from the Twitterati in general.
Reason he tried to pull out. Couldn't, so now will make it viable at the very least or have fun trying.

Either way it's like a drop in the ocean for this guy.
 

Pitbull

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Amazes me how people are ready to fight for some perceived hero that has never heard of them and would likely not piss on them if they were on fire.
You do realize the opposite is also true right?
 

noxibox

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It is, because when you are building complex things synchronisation is incredibly important - you want to be able to walk from the ideas guy to the nuts and blots guy to the finance guy and get their input all at once.
We do that with no problems and the team aren't even all in the same country. If you can't synchronise and work together without being able to directly interact in person, then you have other problems.

It isn't an advantage to have people being able to interrupt whenever they please by walking up to your desk.

Sounds like management was not supporting remote workers. Management support and implementing process for such goes a long way.

That said I have worked remote with a few slackers. There contracts were not renewed.
People like to perpetuate the myth that the cause is working from outside the office. The problem with that claim is that people can do no work while in the office too. Unless the plan is to have someone standing there watching what they're doing all day the only thing you can be sure of is that they're at their desk.
 

Gimli_

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Cyril needs to take a leaf from Elon's playbook. You need to cut deep and fast to turn a rotten organization around. Not pussyfoot around politically sensitive issues. Pleasing everyone will yield zero results.
 

zolly

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Look at his achievements.

If you look at most of Musk's "achievements", they're not that impressive compared to what many other people have achieved.

Basically, he sold his share of PayPal for a **** ton of cash. He then bought into various other companies. It's not like he's Nikola Tesla or Albert Einstein. The dude basically bought a bunch of companies with Nikola Teslas and Albert Einsteins.

Jeff Bezos basically had the vision to build Amazon from the ground up. Gates did the same with Microsoft. John Carmack built one of the world's most successful game studios, and has then worked on everything from rockets to AI.

Everything since PayPal isn't really an achievement for Musk.
 
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