I rarely see this sentiment when it’s anybody else under discussion.
When articles about outrageous corporate behavior are shared on here, I never see “well if this is what the shareholders want, they own the business, so it’s their right.”
You have ethical responsibilities that extend beyond the bare bones of legal obligation. I’m not just going to shrug when someone messes with thousands of livelihoods just because legally it’s their right to do it.
This is a long-awaited reckoning.
People have been embarrassing themselves trying not to directly say this (“actually making engineers print out their code changes on paper is good management”, etc.)
They had, quite literally, objectively, built a system where they could do almost nothing, their platform didn’t need to innovate in any way and could continue losing money indefinitely, and they could (as stated) drink wine and do yoga all day.
In which case, they had it coming. Sorry, not sorry. You can’t continue losing money and handing out unlimited wine forever at the bar. Cry me a river when that inevitably had to end.
Any Twitter employee should have been able to figure out that a business can’t have crazy perks, almost no new features, declining market share, and constant financial losses, without something having to give.
I would suggest that you get a job at a better place. I suspect you’d feel better about yourself.
There's a lot of bad takes floating around, but "Twitter employees deserve it" is really unfair.
It is important to understand the foundation from which all these decisions originate.
Edit to add: I see I triggered some of that mob.
Honest to gods I do not understand how you can think like this. Elon is not a medieval King. He can not just do what he wants. There are laws. Elon isn’t operating in a full-on cartel environment quite yet.