I love all of these posts deflecting from the fact that one guy bought the company and is slashing staff with no real plan and now may be hiring some back because he realized he needs some to make his broken toy sort of function. These layoffs have nothing to do with the recession. The company is now owned by a man child.
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Well said. The man child at play; now having a tantrum and ruining the play date; needs nap time and a snack (but oh - no nap times or snacks at Twitter anymore).
"Broken Toy"? So you are saying Twitter was broken before Musk bought it? Sounds like the Board was hiding things and deserved to be fired immediately.
Corporation dont hire immigrants because they are smart. They hire immigrants because they complain less and are easier to be manipulated. Whatsapp and twitter are two different thing. Facebook is spending a sh-t ton of money to outsource whatsapp backend to saas. Twitter has assets and is a public facing app. Twitter was just a bad expensive purchase but EM beleives he has a plan . He may
Except now EM needs to pay $2.7mill in interest every day to keep it solvent. The site only made $1.7mill per day in revenue even before ad spend was down.
If you owned the company, you'd be cutting as well, especially if you were losing $4M a day and when you know it should take only 500-1000 employees to keep the social media site running (look at how many employees it takes to run Whatsapp).
It's not a deflection, but the recession is a fact and you're just not as educated about it cause you choose to concentrate on one man and all his companies instead of the global world situation. Be knowledgeable about what's going on in the world. This is why foreigners are ahead in math and science. Most tech companies are filled with immigrants (Indians and Chinese) cause they are the smart ones running the USA tech and bioscience companies.