The deadline for Twitter employees to decide whether to stay at the company under Elon Musk has now passed as Musk told those who did not share his vision to leave the company. Twitter’s headquarters in San Francisco is reportedly shut down until Monday. NBC News’ Jake Ward has the latest.
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Elon knows that there currently isn't a good alternative to twitter. So he will do what he wants and still keep significant user activity.
Expect even more resignation in the coming weeks. The community Musk talked about is nothing more than twitter polls with the responders being a bunch of yes men who will always agree with him. The use of Tesla engineers also shows how little Musk thinks about the existing twitter engineers.
He is making, him overpaying for Twitter, everyone else’s problem
Brilliant man turned 44 billion into 0.00 million. No wonder that his cars are not doing well.
You live in San Francisco how could you afford to quit your job..
Man I'll take your job and home… and be happy
Twitter is JUST a company. ELON is a BOSS… if Twitter fails, Elon still continues on to other Companies 👍
RIP Twitter
Why would anybody want to work 80hrs/wk for Twitter? It's not like this company is providing a service that moves the needle for humanity. It's primarily a platform for 💩posting and creating controversy
THE KILLER DEMONS HANG ALL.
Downsizing the workforce so it's easier to move the whole operation to business-friendly Texas. Twitter is a small fraction of the size of Tesla or SpaceX. This isn't the first company he's moved out of California.
VERY THANKS PRESIDENT DONALD J TRUMP OUT THE KILLER DEMONS OF RTVE THANK YOU.
Maybe we should not have Government so tied to these corporations.
Maybe Elon should dump Twitter because it's become NASTY I😎
Elon can handle it !🇺🇸
Say bye bye to twitter people he wanted to back out of the deal they wouldn't let him so now hes slowly making twitter disappear, thats how low your IQs actually are you all said that he wouldn't change anything but guess what he's getting rid of all the do less paycheck grabbers which is = out to 98% of the staff
Before Twitter, people still talked to one another online and offline.
Its all part of his plan he will bankrupt this company on purpose and rebuild it the way he wants he is deliberately getting rid of this lazy company and re structure and re hire genuine hard workers.
Is Elon Musk losing his mind? He’s managed successful businesses before but he is making the mistakes of a spoiled teenager acting out a fantasy of what it’s like to “be the boss”. I guess all the right wing nut jobs affirming every gassy fart he blows has just warped his brain.
Yeah tech is long hours in big companies, it's accepted. It sounds like this corporate structure over-employed and everyone relaxed and went soft – that's why they were losing money. It doesn;t work unless the employees work hard and long hours in the tech sector. That's just standard for the industry.
The international community and public opinion are causing tremendous damage and inconvenience to the majority of people with your bizarre and outrageous behavior and judgment. Shame on you.💉💉💉💉💉💉
Dear Twitter Quitter: When your resume shows you left Twitter in November 2022, I hope you are stigmatized for decades as the employee that will go out of your way to damage your company when it needs you the most. No one should hire you, ever.
Elon is fcking dumb for a genius. lol
:))))) Elon is EXACTLY what twitter needed :)))))))))))))))
TBH – that business model could be run by 200-300 employees. And Elon knows that.
So, all this ruckus is fueled by Elon, but with ONE MAIN DRIVER: Make twitter PROFITABLE.
Many, maybe most people think that Elon's actions (messages, twitter, memos, public statements) are some sort emotional or "crazy" rant of a mad man… But, they're wrong. Elon knows exactly what he's doing. He might be (I hope he is) sincere about free speech and fundamental human rights – he might be, and I hope he is (again), but ultimately – even if he isn't, even if doesn't give AF – the sheer COMMON-SENSE will make this right.
So, let's review:
Didn't want to look at their qtrly reports – but to kinda guess (will check later, to see how accurate I was – I'll round the numbers).
But generally – Elon is looking at it as a business 1st – which is very healthy: So, all he needs to do is reduce liabilities, cut costs, optimize, automate… So – cut labor and associated cost, change the mission to PURE "public square" with no publishing or other responsibilities/liabilities, automate the heck of it using ML/NLP/AI, and SET THE NEW MISSION top-down – strictly and clearly.
Let's see… On avg, yearly, Twitter pays ~$1B for salaries. Also, another ~$0.6B for non-salaried (hourly, consulting) employees.
Cost of operations, associated with these resources is probably about $500M.
Non-direct cost of employees is ~$100M.
Stocks, RSUs, Bonuses, perks and such: about $100M (not including exec level – which is probably ~$80M in itself).
And few other smaller things that probably sum up to ~$50M.
In total – about ~$2.5B.
Cost for ~200 employees that could run this (probably better) – with execs, cheap vendors off shore for very limited moderation, etc – can't be more than ~$150M-$300M (inclusive of hourly, off-shore, such)
So, Immediate ~$2B+ added to the bottom line.
Simplify, Streamline, automate, optimize, profit.
All he need to do is STAY FIRM and DON'T WIGGLE. When Merkel asks him "what are you gonna do about fake news?" – he should answer "I think that's your job".
And then Coun't de Monee.
This is actually good, goodbye Twitter nobody wants you around see you never
Im now a fan, wasnt before. Too many "Project Managers" and the projects are being their tiktok accounts. Cya kids! Good game on easy mode. Time to level up.
Weird event for someone who is analytical. We know he mentioned We Chat. He would have to know that US operates on a distributed messaging system environment with no central point. He wants a central system. Hmm he needs public forum like twitter where the user is the central point to speak about topics. 😱 IT'S an invitation while removing unwanted like minded developers who upholds distributed public forum. Twitter is still undervalued imo.
So they are unqualified for unemployment benefits?
Interesting. I wonder if I twitter rival will appear over next few weeks created by ex employees
Twitter was a useless meteorite burning up in the atmosphere, now it gonna be A Rocket!- go ELON
All I see is entitled Twitter employees.
No one cares.
Start your own platform.
Start your own business.
Thank your former bosses for their setting you up for failure.