Twitter closes offices until Monday as employees quit in droves(cbc.ca)
cbc.ca
Twitter closes offices until Monday as employees quit in droves
https://www.cbc.ca/news/business/twitter-offices-closed-1.6655881
7 comments
He sent out a letter demanding more work for the same compensation (probably less because of the new lack of equity?), then offered all employees a buyout for three month's severance... and was surprised when most of them took it? I can't understand from the email he sent why anyone would agree to stay on.
"Downsizing" became "Right Sizing" and then "Bright Sizing".
"Bright Sizing" being when you make your workplace unpleasant and then offer redundancies to everyone. The bright people leave.
"Bright Sizing" being when you make your workplace unpleasant and then offer redundancies to everyone. The bright people leave.
Yea, this is such a huge brain drain. Twitter has some of the brightest people working there. They came up with a really nice framework (Bootstrap) to make sense of the mess that is HTML+CSS. Easy for beginners to dive into, and flexible enough for professionals to make really nice websites.
What is Musk thinking, like these workers are literally propping the company up. To treat them like this is, just wow.
What is Musk thinking, like these workers are literally propping the company up. To treat them like this is, just wow.
I get why companies were so fearful of that though, as so many things rely on 1 or 2 key people toiling to get something to function at a normal level (due to tech debt or overload or whatever).
Looks like the plan is to get rid of as many costly workers as possible, and than wait and use the looming recession fears and overall layoffs in the industry in their favour by hiring equally competent workers for less pay. Could also be a plan to drive down stock prices, buy them back, and later sell them again - Musk has done with Tesla before. (Or maybe we are all being kind to Elon for his stupidity ..).
Twitter is private. There is no stock to drive down.
He understands big tech... he knows that they are WAY over-staffed.
I also think that Google understand big tech in a different way though... They try to hire as many engineers as possible even if they don't need them just so their competitors can't get them...
Elon's way is probably more sustainable...
I also think that Google understand big tech in a different way though... They try to hire as many engineers as possible even if they don't need them just so their competitors can't get them...
Elon's way is probably more sustainable...