Curious if there's any good examples of firms in the past that laid off 90% of its staff and survived before?
@Pwnallthethings Where is preferences? I’m not seeing it.
@SmelodiesOG On the site, it's on the bar over on the right, underneath "Lists"
@Pwnallthethings Extremely doubtful. Seems like smaller chances of success compared with simply starting a new company.
@Pwnallthethings @jeremy most software startups have a capital injection and not $1b/year debt to service. No idea how the math would ever add up for him if he was spitballing overhauls after purchasing.
@Pwnallthethings Gotta imagine the causation usually goes in the other direction. Truly a ground-breaker, Elmo.
@Pwnallthethings is it really 90%? kind of amazing twitter is still up.
Kylie Robison on Twitter

“Lets put this into perspective — at the beginning of this month, Twitter had 7,400 employees. Barely half way through the month, if 75% do actually stick to their decision today, the company will have shrunk by a whopping ~88%.”

Twitter
@herid @Pwnallthethings it will run fine until there is some odd quirk or tribal knowledge that comes up. I worked at a place that cycled servers behind HA proxy because of a memory leak issue. I’m sure there is some bug that a core team only knows how to deal with and prevent.
@wompy @Pwnallthethings yes, but it's surprising to me this hasn't happened yet.
@herid @Pwnallthethings give it a couple weeks, unless heavy surge of activity or push of new code happens before then.
@wompy @herid On the "surge of activity" front, check on when the world cup starts :)
@Pwnallthethings @herid oh I think left Monday to be a chaotic mess. World Cup traffic and leak of potential new features to follow it?
I for one welcome the fail whales return.
@wompy @herid @Pwnallthethings Can totally back this up; I've also been in places where a change that doesn't take effect until reboot can be lurking for MONTHS afterwards, a reboot happens... BOOM. Those are damnably hard to figure out if the person isn't there and it was never doc'd.
@herid @Pwnallthethings oh, wait fir the first goal. World cup starts Sunday. Elmo did not get that much traffic, his claims to the contrary, during election night…cause news twitter already mostly migrated
@Pwnallthethings Can't think of any. At least not recently.
@Pwnallthethings thanks for the thread on how to transfer
@Pwnallthethings all it is going to take is some massive server failure or whatnot and no one able to fix it and there she goes. Byyyyye.
@Pwnallthethings I would have thought there's a hard limit to the numbers you can cut before things start breaking in unfixable ways - unfixable because you've got rid of everyone who can fix them.
@Pwnallthethings I think some of the dot com crash survivors did, though not in such a haphazard way. Consider Expedia.
@Pwnallthethings how even to estimate the percentage?

@Pwnallthethings I worked at Apple... in the early to late '90's, when everyone thought the name of the company started with "beleaguered". Was on the inside in Palo Alto (garage.com) when the dot.bomb happened.

Nope.

Mission accomplished, Saudis!

@Pwnallthethings any reason you might be asking?
@Pwnallthethings I'd like to think A LOT would depend on the nature of the layoffs and the vision of the firm. With what we're seeing, survivability is a tough sell at this point.
@Pwnallthethings None I've ever heard of, and I can't even imagine how that would work.
More like a company is dying and sells its icons and symbology to another company that takes over the brand, but even those usually don't last long.
K-Mart bought Sears for example. Now they're both pretty much gone.
@Pwnallthethings
Humanity... something about some dude called Noah
@Pwnallthethings It seems like an intentional attempt to ... sink the company, no?
@annetchrist My default rule is to not attribute to malice what can be more easily ascribed to incompetence.
@Pwnallthethings fair enough, I generally believe that too but make exceptions for billionaires.
@Pwnallthethings Maybe RadioShack... CompUSA... Bob's Big Boy... but all were dying prior to the big cuts and it was a survival mechanism... and I think they all ended up folding anyway.
@Ear_bele now I want a Big Boy…

@DaveWellmanB I just looked it up, and there are 4 left! You still have time!

(down from 240)

@Pwnallthethings I worked for a firm that had 250, went down to 12, and then had a 9 figure exit. (Years and years later after making it back to 250)
@Pwnallthethings They say that rats flee a sinking ship, but in this case the rat is going down with the ship
@Pwnallthethings Like decimation when the centurion didn’t read the instructions.
@Pwnallthethings I keep wondering at what point will banks need to step in to try and safeguard their investment.
@Pwnallthethings
My theory is that it’s a deliberate attempt to stop things like Ukrainian OSINT, political organization and politicking in general. Wars that the right are losing.
@Pwnallthethings Arthur Andersen sorta technically survived, in that the skeleton that was left got bought and stuff.
@Pwnallthethings Back in 2001 I worked for a company that did something similar. It did not succeed. #enron
@Pwnallthethings you can mothball a factory, wisely choose your 10 % skeleton staff, and when conditions change, rehire and restart. However, you suspend output. I don’t think Twitter can work like this.
@Pwnallthethings doesn’t Blockbuster still have one location?
@Pwnallthethings Demobbing at the end of the War.
@Pwnallthethings would I be wrong to assume he’s doing this to run Twitter into the ground, so he can file bankruptcy? I mean he absolutely did not want this deal to go through right?