Jack Dorsey has a habit of explosively increasing headcount. Twitter was so overweight that 80% were eliminated when Musk took over. Block's headcount grew from 3,900 to 12,500 in three years during Covid. Block's stock price has also tumbled from ~$275 to ~$54 since 2022. I think that the severance package is incredibly generous, and the willingness to communicate with those affected is admirable. But I also think that Dorsey is spinning a story to cover up for ZIRP-era mismanagement. AI provides the justification, with the hope that dumping 2x the work on the survivors won't crush them because AI tools will help. The bet may pay off, I'm just skeptical of the justification.
interestpiqued|3 days ago
jdross|3 days ago
And their head of product claimed that X only has around 30 FT employees apparently working on it, so it's much more than 80% since then.
https://www.ndtv.com/feature/x-head-of-product-claims-compan...
ulfw|3 days ago
If your definition of success is 'let's keep the codebase running and make sure servers don't go bust' then yes twitter is doing great with fewer people
EdiX|3 days ago
Longer tweets? Analytics? Premium? Grok? AI autogenerated news summaries? Livestreaming? I honestly have a harder time trying to think of features launched between 2011 and 2022, besides spaces.