Merged Musk buys Twitter!/ Elon Musk puts Twitter deal on hold....

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Are there no employee protection laws in the US? What sort of contract do they have which would make that legal?

Salaried IT professionals and software developers in the US commonly put in long hours during certain phases of their product lifecycle or business plan. They are also extremely well compensated, overall.

At Intuit, we'd do this every year, to get the new version of Turbotax out the door in time for tax season. And we had pay and benefits packages that made it worthwhile.

Triple-A videogame companies do it on a three year cycle. The first year is all beer bashes and office parties. The second year, everyone buckles down and works on creating all the assets. The third year is a death march to get the finished product out the door on schedule.

Yes, it sucks. Yes, people get ground down and burn out. Yes, even getting paid a salary that would boggle an Egyptian Pharaoh or a Chinese Emperor, a software developer living in San Francisco still lives like a serf*. No, Elon Musk didn't make this happen. This has been a part of Silicon Valley culture for decades. For a lot of the people being laid off, Musk is probably doing them a favor. They'll take their generous severance package and their class action payout, and make an informed decision about whether they want to keep chasing that Silicon Valley lifestyle, or take this opportunity to step back from all that and find a job that pays well and has less stress.
 
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According to the BBC, around 50% of Twitter staff have lost access to their work accounts

https://www.bbc.co.uk/news/live/bus...64db0cf15ea55905e40bdc&pinned_post_type=share

Whether this means that they're all going to be sacked or that they're just "at risk" isn't clear.

Whatever happens will likely have a significant impact on morale and anyone who is any good will likely be looking elsewhere.


Looks like a class action lawsuit is already under way:



Guardian Link

I hope he loses even more money and this whole thing ends up taking him for a multi-year ride that just continuously drains him of money.


This guy, he seems to be an ******* that's going around being as assholey an ******* as he can, because ...who knows why, maybe he's got mental problems, maybe he's just a dick is all. Because it is one thing to be ruthless when the situation demands it, but this is ...sheer scumbaggery.

First how he summarily kicked out the CEO and some other directors and executives. Sure, they got their golden parachute, at least they must have I'm guessing, but you don't just dump people like that, who've worked for the company for years and years, unless there's some overriding reason to. And now this ...insane, this psychopathic manner, in which he's demanding people work all kinds of ungodly hours for him, and then simply disconnecting them en masse like they aren't even human beings. And for what? How on earth does this level of scumbaggery, this level of assholeyness, do anything good for the company? What purpose can this kind of psychopathic behavior possibly serve?

Absolutely, sue the bugger's pants off, is what I say. I've no idea what kinds of employment contracts those guys have, but there's no way in hell this kind of douchebaggery can be legal, and no way in hell he should be allowed to get away with it.


eta: I'm not talking about the firings per se, neither at the board level, nor even this en masse culling. That's a business decision, and, for better or for worse, it's Musk's call, sure. If he's ruthlessly carrying out his vision, then regardless of whether it turns out well or not, that is his prerogative, absolutely. But the manner in which he's doing it, kind of going out of his way as if to just show all of these folks how little they're worth, that's ...well, it doesn't actually look very sane to me. And certainly that nonsense about working those 12-hour, 7-day weeks. ..................Let the class action cases come on, let them pile on, I say, and clean the damn place out, and him with it. (And it will hurt, if large numbers of folks get awared sizeable compensations, given that Twitter apparently isn't profitable and likely not partcularly cash-heavy ....although I say that last without actual knowledge of their balance sheet, so I could be wrong about their cash reserve situation, but seems very likely from the incidental things one's hearing said about the place and its overall profitability.)
 
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One can only imagine the number of petty dead man's switches and other time bombs are being left behind in Twitter's IT infrastructure and code base.

that, too.

but just the normal brain-drain of so many people being fired before replacements can be trained guarantees that Twitter will crash&burn for the foreseeable future.
 
One can only imagine the number of petty dead man's switches and other time bombs are being left behind in Twitter's IT infrastructure and code base.

I really hope that in a week, every instance of the letter E in a tweet is replaced with the poop emoji, and no one knows how to fix it.
 
This all sounds like business genius stuff to me. After all, that's how one runs good business, right? Maximum disruption, conflicting public stories, wild annoucements, public spats with elected officials, and sudden mass firings?

But..but... Musk is a genius, a real life Tony Stark......

I am now conviced that Time Man of the Year award caused his ego to explode, damaging a good part of his brain in the process.

BTW this is more proof that the good CEO's work to keep their names OUT of the media, instead of trying to attract attention...
 
This is just getting pathetic
Twitter has had a massive drop in revenue, due to activist groups pressuring advertisers, even though nothing has changed with content moderation and we did everything we could to appease the activists.

Extremely messed up! They’re trying to destroy free speech in America.
Freedom of association is now anti free speech!
 
I have an open and non-judgmental question for all. I really want to know...

Some people in this thread may have looked forward to Musk taking over. Some may have thought that he would produce some positive, sustainable changes.

It's been about a week. Does anybody here think Elon Musk has any clue what he's doing? Like... even a little bit? From my perspective, this sure looks like social media CEO on-the-job training.
 
You're assuming that Musk likes Twitter and wants it to succeed.

You're also assuming that something of value is being lost, here.

Oh, i think Twitter's main function is to give celebs a chance to show the world what idiots they are.
I can't figure out what Musk wants, frankly, beyond keep his name in the headlines. If he wants to improve his public image, this is no way to do it.
Whatever he wants, it's not money as the saying goes.
I
 
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The Opening Arguments Podcast is estimating that Musk lost ~$100 billion in personal wealth and worth of his Tesla stock, raising the share of the money to buy Twitter that the Saudis wouldn't pay for.

Tesla stockholders might be the next to sue him.

I would like to see more proof that he lost 100 Billion. That would hurt even Musk.
 
I have an open and non-judgmental question for all. I really want to know...

Some people in this thread may have looked forward to Musk taking over. Some may have thought that he would produce some positive, sustainable changes.

It's been about a week. Does anybody here think Elon Musk has any clue what he's doing? Like... even a little bit? From my perspective, this sure looks like social media CEO on-the-job training.

I repeat my theory: That Time Man Of THe Year award went to Musk's head and now he thinks he is infallible.
I note that his fanboys here have pretty much shut up. Their defending every Musk action because they like Space X (and so do I; only good thing along with Tesla.Musk had done ) no longer works.
 
The Opening Arguments Podcast is estimating that Musk lost ~$100 billion in personal wealth and worth of his Tesla stock, raising the share of the money to buy Twitter that the Saudis wouldn't pay for.

Tesla stockholders might be the next to sue him.

I have read that Musk refuses to accept that when it comes to electroinic cars Tesla is no longer the only real game in town,has real competition and now Tesla has to compete for customers.
Think Netflix, which did not adjust well to no longer being the only real streaming game in town.
 
I have an open and non-judgmental question for all. I really want to know...

Some people in this thread may have looked forward to Musk taking over. Some may have thought that he would produce some positive, sustainable changes.

It's been about a week. Does anybody here think Elon Musk has any clue what he's doing? Like... even a little bit? From my perspective, this sure looks like social media CEO on-the-job training.
It's does not look like he knows what he's doing yet, but he does seem open to experimentation. It's possible that the optimal mix of subscription vs. advertising is something which must be determined empirically, along with the optimal mix between active moderation vs. unrestrained posting.

Sent from my Cautious Optimisticator using Tapatalk
 
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It's does not look like he knows what he's doing yet, but he does seem open to experimentation. It's possible that the optimal mix of subscription vs. advertising is something which must be determined empirically, along with the optimal mix between active moderation vs. unrestrained posting.

Sent from my Cautious Optimisticator using Tapatalk

You are acting like Musk is a rational person. He is not.
And with a 44 billion dollar experiment, you had better have already done your experimenting.
Musk does not know what the hell he is doing when it comes to Twitter. End of story.
 
This is just getting pathetic

Twitter has had a massive drop in revenue, due to activist groups pressuring advertisers, even though nothing has changed with content moderation and we did everything we could to appease the activists.

Extremely messed up! They’re trying to destroy free speech in America.

Freedom of association is now anti free speech!

'Nothing' has changed with content moderation yet but the new guy they put in charge has been acting the fool and saying insane things like not paying him is trying to destroy free speech. Maybe that guy should have finished that mandatory new employee course he laughed at.

Yeah, 'activist groups' like, *checks notes* the investors of those companies that don't want to advertise with the chuckle-**** troll. Who could have predicted that people wouldn't want to associate with that?

EDIT: Oh, and that 'nothing changed' officially has come with a ton of indications of messing with people who just so happen to be on Musk's bad side. Shocker.
 
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I have read that Musk refuses to accept that when it comes to electroinic cars Tesla is no longer the only real game in town,has real competition and now Tesla has to compete for customers.
Think Netflix, which did not adjust well to no longer being the only real streaming game in town.

But Tesla's non union and screwing it's employees as hard as they can! Isn't that supposed to come out with the best resulted in Capitalism? It's worked so well with the Chinese that he praises for working the 996 system! The BEST products!

(A lot of /s in there if anyone needed it pointed out.)
 
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