

According to LinkedIn, half of the remaining Twitter's employees resigned rather than work with Twitter 2.0. Twitter is now down to less than 2,000 employees from 7,500 pre-Musk.


The most fascinating part of this shitshow, that is starting to look like a snl sketch, is the narrative that some of Musk cult followers are buying: if Twitter keeps working after so many layoffs maybe they weren't necessary that is like thinking a truck doesn't need a driver because he jumped off the vehicle and the truck kept running for some hundreds meters.
Let's see what happens with the truck and his momentum.
My man used to fancy himself as Tony Stark.
Then people started saying, no he is more like Lex Luther.
Now he is just a clown.
Yeah... Those characters were at least competent.
Hopefully now the average person will be a bit less likely to lionize the jackass just because he happens to own some "cool" companies.
I mean, you can read most of his posts as the opposite of what he writes, and then they're accurate.
Last edited by s_bushido; 2022-11-18 at 11:54 AM.

The effects of the mass layoffs and semi-forced resignations might not show up immediately. But they're running in just keep the lights on mode for sure. When it will really show up is when they now have a major problem (being hacked, major infrastructure going down, etc.) and it takes them a lot longer than it should to recover. That might be next week or in 6 months, but there's a good chance it will happen. Also important to note that Twitter Engineers that have left have described it as a "house of cards". All it will take is them falling behind on security updates being short-staffed now and I wouldn't be surprised to see them get hit with a major intrusion.
But even before that advertisers aren't going to want to go near Twitter for quite a while. Brand risk is more important than anything to most big companies and there are plenty of safer places for that right now. And when the inevitable long outage now comes that might be the nail in the coffin.
Updating also because it's being reported that 75% of the *remaining* employees opted to take severance after yesterday's ultimatum. So a company with 7,500 employees 2 weeks ago is now 900. GL with that. I mean they can send everyone home and the site will still run...just not for very long.
Last edited by Biglog; 2022-11-18 at 02:17 PM.

Here is me thinking he would just lose money after the realisation he vastly over payed for Twitter and end up dumping it in 12-24 months for a fraction of what he paid...
But man didn't see him crashing and burning it so quickly! The IP is going to be worth fuck all if this carries on!

Try this. Assume he has no fucking idea what he's talking about and has the cognitive abilities of a rotting corpse. It all starts making sense. This guy's so thick I feel like the Skyrim NPCs that have your arrow stuck in their heads saying 'must have been my imagination' might actually be a realistic representation of at least some people.
Wonder how many Elon defenders will blame his stupidity on autism.
Honestly Twitter has never been this hilariously bad.
It would be pretty awful/hilarious if they tried that. Regardless of whatever autism may affect behavior and social interaction choices, Musk was previously a successful leader in several business areas, including bringing the United States (and frankly the world) into much cheaper space flight access.
So to casually toss all that aside and blame his abhorrent behavior on something he's had his entire life would be both intellectual dishonest and at some level morally bankrupt. Defending Musk at this point, in any of his personal choices, and even most of his business decisions, is ridiculous.
https://www.cnbc.com/2022/11/16/elon...c-insults.html
Weird way of going about not wanting to be CEO, buying a company and becoming the CEO of it.Elon Musk said in court Wednesday that he does not want to be the CEO of any company.
He recently acquired social media giant Twitter and appointed himself as the CEO, adding to his responsibilities as the CEO and “technoking” of electric vehicle maker Tesla, and CEO and CTO of the U.S. defense contractor SpaceX.
And complains about the SEC because of course -
Except like...“In general, I think the mission of the SEC is good but the question is whether that mission is being executed well,” he replied.
“In some cases I think it is not. The SEC fails to investigate things that they should and places far too much attention on things that are not relevant. The recent FTX thing I think is an example of that. Why was there no attention given to FTX? Investors lost billions. Yet the SEC continues to hound me despite shareholders being greatly rewarded. This makes no sense.”
Elon continues to have a very bad month.In fact, the SEC and several other regulators have reportedly launched investigations into collapsed crypto firm FTX, but it’s not clear if those investigations started prior to the firm’s sudden bankruptcy last week.