But they did right? As in the group lacks conviction.
There was not a single stipulation in that sale that said “please keep our people on for X amount of time”.
They took the cash and bounced.
Musk explicitly doesn't want that though, because he needs Twitter to earn a lot more money than it currently does.
He just made Twitter take on $13bn of debt to finance his purchase, the company will owe around $1bn a year in interest payments that it didn't used to. The layoffs announced today probably won't even cover that extra interest.
My experience there was pretty consistent with that: if you leave things alone, they won't break. Virtually all breakage was caused by changing things. On a well automated system repairing the physical components, rolling OS updates from time to time and so on, is not a huge amount of work.
Services with hundreds of millions of users, antagonistic spammers/hackers/countries, and advertisers spending millions are never in maintenance mode.
You sound like you're trying to apply your understanding of lifestyle software businesses to one of the largest real-time communication networks in human history.
What is your estimate of Twitter's effort split between those two categories?
No one is. Twitter cannot be "as-is" because it would be overrun by bots and bugs.
Elon Musk, it seems, does not think about the humans affected by his decisions. Regardless of anyone's opinions on whether the culture was good or bad, this sort of sudden mass loss of employment will cause pain. Pain that didn't need to happen.
There is no indication of how many people.
> There's no way these are going to be sensible, surgical layoffs.
We have no clue whose going to be laid off.
You clearly have your mind made up, regardless of reality.
“About half of Twitter’s workers appeared set to lose their jobs, according to previous internal messages and an investor”
https://www.nytimes.com/2022/11/03/technology/twitter-layoff...
> We have no clue whose going to be laid off
No but we do know this plan was thrown together extremely quickly. We know a few days ago developers were told to print off (!) their code for review. Let’s state the obvious: it takes more than a week to plan an effective layoff of half your staff.
It might not be the wisest thing, but in comparison with others tech companies and only in this component it's accurate.
If I were working there, I'd want the layoffs to be as swift and brief as possible. Having the sword of Damocles hanging over my head day to day would be unbearable. I'd rather Twitter have one big layoff and then re-focus on the product if it were me.
> The service is definitely going to suffer.
I see this claim, but don't quite get it. What are engineers doing there? Are they like Homer Simpson pushing a red button every day to keep the site running? It seems like kind of a set-and-forget type of operation at this point, since so few new features are developed. They copied a couple of other social media startups (Clubhouse & Substack) in the past couple of years, and they changed the stylesheet, but otherwise, doesn't seem like much has happened. Have they done a ton of optimization work that we simply don't know about? (And if not, why do they need it?) I just don't get the claim.
FWIW, I'm expecting to see essentially no difference in Twitter for at least six months.
They will hopefully also talk to EMs, but at this scale might choose not to. It's going to be an ugly process but I doubt it's going to be a random one. They clearly understand that it's in their interest to retain the most skilled and performant employees.
Also, don't want to sound too cynical, but I would guess that it's actually not that hard to evaluate eng performance with all the data companies are collecting during WFH. I am sure Twitter requires using a VPN, so digging into that data would yield quite a revealing and precise performance metric. The only reason this approach is not widespread is ethical, not technological.
Also, makes it incredibly easy to climb the ranks and get rewarded for it. Whenever there is malaise in workplace, I work twice as hard. Build tools for others, solve their problems, uplift folks and motivate them. What good is it to sit around sadly wasting away your life with a resentful attitude. It's not fun and these people make things worse for others that are around them. By far the worst is working in the Gov. Not only people slack off, but they don't even try to hide it. Openly and shamelessly. It's not my type of an environment at all.
I wanna build shit with cool people and live a fulfilling life.
Sucks for the people affected now, possibly impacts fewer people long-term though. I doubt many Twitter employees will struggle to find reemployment quickly.
Who's more important the workers or the company? I bet the answer to that question will align with people's views on the layoffs.
The workers all lose when the company goes bust.
I don't think it needs to, nor was I trying to make any kind of argument of the sort. The (former) employees are going to suffer and pay the price for the past mistakes of the corporate leaders. It's a depressing situation even if it is the absolute correct action for Twitter to take.
For that reason, I don't think it is hard to understand why there are so many comments against the layoffs.
There are definitely cases where people losing their jobs is a necessary evil to get us to a place of greater good. We should certainly support those that get laid off, but it shouldn't stop us (collectively) from improving how our society functions.
I'm reminded of the Soviet Union joke about full employment. Of course we have full employment - like at the subway entrance: one person takes your ticket, another brings it to the machine, the third one makes the stamp and the fourth hands it back to you. See? Everyone has a job!
So Musk is probably going to alienate a majority of his users doing this and Twitter will probably go into disrepute and decline now.
I have seen this happen to forums and boards I posted on where some moderators get de-modded which angers a lot of the users who leave or start posting less. Then the culture goes into decline and never returns. Maybe something like that is about to happen, or maybe not.
Despite how many Musk reply guys seem to exist, most of them aren't engineers and even fewer of them are dumb enough to work for a Musk-owned Twitter where you get to be overworked and underpaid.
Are ya going to fire him after seeing his lack of GIT commits after one week as CEO?
But worst case...
These firing decisions are not irreversible! If you accidentally fire a 10x programmer, you can re-hire.
Ha! At a significant price premium, or that programmer is a moron.
Meaning Musk cannot rehire anyone who's left these companies.
You're stating the obvious as if it's not implied by my statement.
Alternatively, they might be A-OK returning to their codebase/team without fuss.
Edit: even if you pay an exorbitant premium, that could be cheaper than keeping N other 1x or -X programmers.
Who are you disagreeing with?
There you go. I don't think having giant operational costs at a company and having a head count in the thousands and sitting there losing more money without maximizing revenue it sustainable for any business.
Perhaps Twitter itself was overdue a massive correction, hence the first step is drastic layoffs and cuts.
I'm curious how much damage all this negativity will have on Twitter culture going forward and what it will take to rebuild it. Is it just throwing money at the layoff "survivors" or is it really the mission of building the Internet's town square? I'm pretty interested to see how this plays out!
I can imagine the type of person that embodies this type of developer is someone who clicks 'I agree' without reading the terms of service, or shows up late to personal engagements.
He could be pivoting the company into something astonishing.
Not the hero we want, but the hero we deserve.
Yes, reverse the bans and connect this shit to Starlink and tell governments “I got no clue where those damn satellites are, can’t help ya, Trump’s tweeting from somewhere in Somalia with a VPN”.
Wait hold on a minute isn't there already some kind of amendment that makes this irrelevant?
Although since the Saudis own such a massive chunk of this newly private company I guess the US government is no longer the only one that Elon needs to concern himself with.
Of course, astonishment might still be appropriate.
I guess the zeitgeist really did decide Net Neutrality is a bad thing. Like imagine a telecom owning a social network?
Ok I imagined it and I hate it.
You mean like Verizon and Tumblr? ;)
The takeaway should likely be: Twitter will be fine if people can still post their porn there.
Governments that engage in active censorship also frequently are not the warm-and-fuzzy entities that westerners are used to when they think of governments.
If he can pull this off, he'll go down in history as one of the must successful business person of his generation. If he fails, he will still has Paypal, SpaceX and Tesla to brag about.
Will be interesting to see how all these rapid fire changes play out over the next few years.
I’m not sure the path to growth for Twitter depends on a lot of net new development. More so better monetization of the existing platform, which can largely be done via small tweaks here and there
Those loan rates were negotiated before the recent hikes. They had some range built in based on what the market did, but he is definitely paying below current market rates.