now 52 vs. 9 What a shame TWTR, you guys hijaced Musk.
Twitter employees warn Musk mass layoffs would be 'reckless'
https://www.engadget.com/twitter-employees-to-elon-musk-layoffs-would-be-reckless-223913480.html
hi
Good luck to all. Peace!
Lean Innovation
Don't underestimate the competition, especially the China based one. They are rapidly improving their features and move quickly like a Phantom. "Phantom moves silently as a cat." - old jungle saying
What a joke
I'm not sure what's a bigger joke these days, Twitter or Musk. I don't care if I get laid off one bit, but I would like to know what's going to happen. This back-and-forth is getting ridiculous and, frankly, embarrassing for both the company and the... — read more
LOL: Twitter tells staff no layoffs are planned, following reports Musk will axe 75% after takeover
https://www.marketwatch.com/story/twitter-tells-staff-no-layoffs-are-planned-following-reports-musk-will-axe-75-after-takeover-2022-10-21?siteid=yhoof2
Elon Musk plans to cut Twitter's workforce by 75% -Washington Post reports
Elon Musk plans to cut Twitter's workforce by 75% -Washington Post reports https://www.washingtonpost.com/technology/2022/10/20/musk-twitter-acquisition-staff-cuts/
Ye buys Parler
Competition from the right wing... https://seekingalpha.com/news/3891775-kanye-west-agrees-to-buy-conservatives-social-media-platform-parler
They said it out loud!
"Calacanis said in an exchange with Musk in April that a return-to-office mandate at Twitter—a reversal from the company’s current remote-work policy—could lead to 20% of Twitter’s staff voluntarily quitting. He described it as a new type of... — read more
Twitter-Musk saga
Musk lawyers say Twitter refusing new $44B bid for company: https://financialpost.com/pmn/business-pmn/musk-lawyers-say-twitter-refusing-new-44b-bid-for-company It will be interesting to see how this Twitter-Musk saga will end. Predictions? — read more
Now That Twitter Belongs To Elon, Here Is What He Will Do To The Platform
https://summit.news/2022/10/05/now-that-twitter-belongs-to-elon-here-is-what-he-will-do-to-the-platform-in-his-own-words/ Apparently there were more than a couple of people fed up with this joke of a platform - fascinating stuff. There will be some... — read more
I'm leaving
I already have a new job lined up. I have no intention of staying and waiting to see if I will survive the coming bloodbath. I also have zero interest in seeing what this place will turn into under new management. I advise everybody to start looking... — read more
No Bonus for YOU!
Here is your layoff. They don't care enough to pay you.
I read between the lines
How to interpret the CEO's promises conveyed by the media, that the company is not planning company-wide layoffs, but will continue with some changes "to improve efficiencies", pause in spending in most areas? In my understanding, if there are no... — read more
Does anybody buy this?
https://uk.finance.yahoo.com/news/twitter-says-not-planning-big-222127954.html
Don't do them favors by quitting
I hate to see attrition is up enough to negate the need for layoffs. That's exactly what everybody involved in this mess was hoping would happen. If people leave on their own instead of waiting to be laid off, the company saves piles of money since... — read more
The damage done is enormous
Many staff quit over the deal. In my opinion, the biggest damage that was done to Twitter is that so many excellent talents have left in the past months after Musk offered to purchase this company?
Let the games begin
Twitter uses Musk’s own words to build its case for $44bn deal In its fight to force Elon Musk to honour his agreement to buy Twitter for $44bn, the social media company has armed itself with the billionaire’s own tweets... — read more
I am not surprised that Musk is terminating the deal
Is anyone surprised? I don't believe that many are.
Severance
Is anybody willing to share severance details?
When will cuts continue?
We know more is coming, but it would be nice to have more information on when it will continue and how many more are expected to be laid off. These are uncertain times for all of us and more transparency and communication from the leadership team... — read more
Recruiter Layoff
https://www.linkedin.com/posts/amber-pilcher-smith-mol-mhrm-4102179b_lovedwhereiworked-opentowork-talentacquisition-activity-6950867194478026752-ZshG
Musk is trying to bail on the Twitter deal
He is in the "find out" stages of the good, old "fu-k around and find out."
Here's the original layoffs info provided on LinkedIn
Twitter layoffs started today. There are people losing their jobs that have been there over a decade. This is a really tough day. In addition, there is a current blackout on selling any Vested Stock. It began on May 31st and the brokerage... — read more
Layoffs have started
No official numbers are out yet, but it's happening.
Culling coming
The Acquisition masters are looking for cost reductions before the acquisition. Massive culling coming.
What exactly is happening with the acquisition?
Things have become eerily quiet on the subject.
At least 5 senior executives fled Twitter as its stock fell another 18% a week, rendering Musk bid even more expensive
https://fortune.com/2022/05/18/five-twitter-executives-leave-twitter-stock-drop-elon-musk/
Tesla stock keeps sliding
This deal looks less and less likely.
Elon Musk Puts His Twitter Deal on Hold
I wonder if this was Musk's plan all along. It would not surprise me. Now, how much damaged has been done to Twitter and will the company recover?
Musk calls for layoffs
https://www.forbes.com/sites/petersuciu/2022/05/10/elon-musk-suggested-possible-layoffs-at-twitter--does-the-platform-even-need-7500-employees/amp/
Hiring Frozen
https://www.theverge.com/2022/5/12/23068851/twitter-product-chief-kayvon-beykpour-bruce-falck-parag-agrawal
Good on the Orlando Police Pension Fund
Musk's $44 billion Twitter buyout challenged in shareholder lawsuit Elon Musk and Twitter (TWTR) were sued on Friday by a Florida pension fund seeking to stop Musk from quickly completing his planned $44 billion takeover of the social media... — read more
Elon Musk Gets $7 Billion in Fresh Financing for Twitter Deal
This Twitter deal with Musk seems more real than ever.
I wouldn't worry too much about this
It's still not certain it will even happen. If Tesla shares take another major hit, the whole deal might fall through. Worry once you have something concrete to worry about. And even then, every single person I work with I know for a fact to be... — read more
Start applying right now
Judging by what we've been learning, once the sale goes through, a significant portion of current Twitter employees will be cut. That means there'll be a lot of us applying for the same jobs at the same time. The best way to avoid that is to start... — read more
The future of Twitter
After Musk bought the company: Nothing special will change Everything will change for the worse There will be positive changes What do you think? What will the future of the company look like? I'm a little skeptical about how things... — read more