g0nz0li0Twitter owes ex-employees $500 mln in severance, lawsuit claims
Twitter no longer has a media relations department. The company responded to a request for comment with a poop emoji.
FrisbeedudeThe level of professionalism from this company is astounding…how in the world is anyone doing business with them? All the news from this kindergarten are not even funny anymore.
very smart IdiotIt’s just news. And nowadays this just means it’s panic and excessive exaggeration and a pinch of populism.
Since the company is now in private hands of only one person, there is no need to paint a picture for the public. And with the efforts of making it more economical, there are of course hurdles to overcome.
But overall most decisions were reasonable. The provider change and the change to the financial model were reasonable and will eventually lead to more profits, also with a smaller team behind the platform.
Many here want to see the company fall, just because a person is bought it that’ll whom they despise. That’s just childish.
The only bad decision on musks way so far was buying twitter for simply too much. And the second worst decision was shooting a shitty car into space. Now the aliens will believe us to have no standards.
You think it’s reasonable to refuse to pay employees what they are owe?
And at what point did I say that?
I think this covered it well:
But overall most decisions were reasonable. The provider change and the change to the financial model were reasonable and will eventually lead to more profits, also with a smaller team behind the platform.
A smaller team as a reasonable thing doesn’t mean that I think it’s reasonable to not pay employees that are owed.
But a company is not owed to employ someone.
He slashed damn near 2/3 of the company, their HRIS systems were in disarray, they removed much of the force that made it advertiser friendly, came up with obscene API pricing (no doubt to try and cash in on LLM companies), and have failed to pay rent and server costs. Elon took a flawed business model and made it significantly worse all while giving a middle finger to their advertisers which is overwhelmingly their primary revenue source.
And that’s just not correct. Twitter is still running. It has still grown in username in the last months. Their business model expanded to a subscription model.
And all this talk about servers and api is just crap talk of unhappy people that do not know how a company is made profitable. It’s the same kind of people that are angry about Reddit and believe Reddit to go bankrupt. What a joke.
TookysNot to say his steps aren't ones that should be taken, it's the ways and means that alot of people are taking issue with.
When he took over Twitter it was unprofitable, and the steps he's taking are ones that would be recommended for alot of struggling startups. But not for a major buisness.
Elon is used to moving quickly and breaking things often, as with a startup it's fine if there are disruptions for a while or take years to become profitable.
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Alright. That’s a Standpoint I can respect.
I guess the future will show.