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awacs | 3 years ago

Love him or hate him (I'm more the latter at this point) Elon showed you could trim 70% of the workforce from Twitter and it's still up and running. So with that logic, that being on the extreme side, trimming some smaller % is a no brainer to the boards of most companies now.

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ElijahLynn|3 years ago

How much of the remaining workforce at Twitter is held hostage by a work visa? (I don't know, I am asking the hive though)

MrOwnPut|3 years ago

So companies that offer work visas are kidnappers?

The people that want to come over and accept the job offer are aiding in their own kidnapping?

I don't get it, you don't support work visas or you think Twitter is abusing them, or...?

I have so many questions about your statement.

anon7725|3 years ago

> it's still up and running

If the rumors are to be believed, revenue has cratered. At the very least, the quality of ads has steeply declined - from A tier brands to B and C tier ones.

Perhaps eviscerating the sales and content moderation teams was not a genius 11-d chess move?

ipaddr|3 years ago

Aren't those same brands cutting jobs and trimming advertising everywhere?

fsociety|3 years ago

Give it another year. Rumor mill is that many are silently seeking new jobs. The site is in a slow decline right now, several journalists talking about the weird consistency bugs they are encountering.

I suspect that with some time the people who are left there will burn out from the maintenance load due to the 70% cuts. Elon should have been more empathetic when cutting people, to not burn the good will of everyone who was left imo.

sangupta|3 years ago

Twitter still runs due to fear in others of losing their job in these tough times. If the market was as great as before, no Twitter employee would agree to work 10+ hours or weekends, or sleep in office.

dvngnt_|3 years ago

twitter is an order of magnitude less than FAANG. at the end of the day, they're mostly a text-based feed. also aren't they not paying rent

sangupta|3 years ago

They have been sued for not paying rent, for going back on severance package, just sold office equipment to make for the losses.

birdyrooster|3 years ago

Counting eggs before they hatch are we?

kderbyma|3 years ago

twitter is dying...it's like a soggy sandwich....edible...sorta...for now