Twitter Now Asks Some Fired Workers to Please Come Back
bloomberg.com
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I understand I could be potentially hurting coworkers by adding additional work to their plate but Twitter didn't give 2 shits about the people left behind and the work that they would have to take on.
Why is it corporations can "layoff" without notice but as an employee you are expected to give 2 weeks notice? I guess one could argue that if the corp gives a severance pay then that makes up for sudden layoff. But it doesn't. Even if I have a savings for emergencies employee sponsored health insurance will eventually end. Then COBRA kicks in and there goes your emergency savings if you have a family.
Of course the whole U.S. health insurance shit-show is for another discussion but when you have a family AND a serious health issues, health insurance is front and center on one's mind.
If I never had to worry about health insurance and have the ability to go get the care I need/want would take a huge burden off of my shoulders and I'm sure I'm not alone.
Sorry for the rant.
https://www.navapbc.com/insights/twelve-years-of-healthcare-...
I think the difficulty is that most people who have employer healthcare have never checked healthcare.gov because they didn't need to, but it's hard to keep seeing people perpetuate this idea that hasn't been true for over a decade.
Interesting... I've heard it's the opposite, price-wise.
I ran into someone who genuinely thought their health insurance ran $100/month, because that's how much got deducted in their paycheck.
I've seen like $600/month for an individual, and this is just kind of ok probably good enough insurance (with a non-trivial deductible). For a family, even more, $1800 or more a month. Again for not great insurance. For me that'd already be a significant problem, but maybe not for an ex twitter engineer? Or maybe if you are a single person in your 20s (or I forget, do they still charge different for different ages post obamacare?), or in a different state than me, it's a lot cheaper?
https://www.kff.org/report-section/ehbs-2022-section-1-cost-...
> The average annual premiums in 2022 are $7,911 for single coverage and $22,463 for family coverage.
People get shocked by COBRA pricing, but it’s literally just your existing plan’s cost plus a max of 2% for administration. The real cost of health insurance is hidden from almost all Americans.
Those numbers to me confirm that health insurance is part of what makes it hard for Americans to quit jobs.
It definitely looks like Twitter was a hot mess and needed an amputation to save the patient.
But, I wonder; are these the same people (managers) that were making decisions that allowed the company to loose $4 million a day? If so, then hard to have sympathy for them.
If the decisions were being made above the managers, in the C-suite, then it is their asses (which we all know Elon sacked them as well). If I had to make an educated guess I would assume their severance pay is orders of magnitude greater than the 90 day severance that the regular Joe and Jane got.
So let's say the decisions that cost the company $4M/day came from the top, not middle managers and not the end employee. The people who say "we have to lay off X amount of people, today, tomorrow, ASAP" are not the ones who are doing the actual telling individuals they are laid off. So in their mind this is "the price of doing business". Again, fuck 'em. Why should the individual who got laid off, rehired, found a new job then give the requisite 2 week notice? It's the price of doing business.
In my mind either we are going to take out the human aspect or we aren't and both sides need to take the same approach. It can't be "it's business" on one side and "the human element" on the other. It can be, but I'm not going to play that game. In a couple of years (if that long) I'm going to be forgotten about and the business will probably keep on keepin' on.
Twitter is losing US$4 million a day now, with the added interests Elon has to pay back on his US$ 1 bi loan to buy Twitter. So using this claim as a justification is exaggerated, by the sheer fact that most of that US$ 4 million figure is from Elon's own creation.
Twitter was a mess prior to Musk, but stable enough to remain afloat. When Musk acquired it, it became a flaming hot mess. Layoffs like these is like treating an infected finger with amputation. It temporarily solves the problem, but then you're still left without a finger.
Only in this case he cut off a whole hand.
We want C-Suite execs to think of employees as people. But in reality the C-suite execs just think of them as another expense, albeit a necessary one.
At the C-Suite, everything is a number: number of employees, income, expenses, etc. The most important ones are cash on hand, and profit after expenses.
Here's a thought experiment: If Elon offered you $100 million to fire half the company would you do it? Personally I'd have a hard time saying no to that.
Particularly when you tell yourself that they’ll find another job easily.
In comparison, assuming an everage yearly cost per fired employee of 200K, by firing 3000 of them they are saving 1.6M a day.
Musk added 2.7M/day of purely financial cost, and then tried to reduce the damage by firing half the company and it's not even nearly enough!
And this is before the lost income from advertising...
I won't pretend to know business better than the richest man in the world, but from down here this sure looks like the train wreck of the century. We'll see I guess.
> Before Musk took over the site, Twitter had already planned broad layoffs, which would have affected up to a quarter of the staff, according to people familiar with the plans. The Post reported previously the company’s board was planning to cut thousands of jobs as part of an effort to save $700 million in labor costs.
https://www.washingtonpost.com/technology/2022/11/03/elon-mu...
You can come in, have respectful speech, announce yourself as an owner, announce future layoffs and then work on one that at least appear semi reasonable. Or, you can come in with sink, hahaha, make it into twitter joke, spend weekend planning layoff while joking about it on twitter.
These two are radically different.
The thing is, Musk really went out of his way to troll Twitter employees and those who like twitter. And his fans really went out of way to mock fired people, call them lazy and so on. It was not just layoff, it was layoff designed to let you know how much looser you are.
People respond in kind, with schadenfreude and bullying back.
I haven't seen much of that here in HN though. Do you have examples?
> It was not just layoff, it was layoff designed to let you know how much looser you are.
Again, I don't see that. It just needed to be done. Could have been handled better? Were mistakes made? Probably. But I don't think it was intentional to show what a loser people are.
DHH has a nuanced take on it that I like. https://world.hey.com/dhh/apple-fired-4-100-when-steve-jobs-...
He quotes Jobs during his return and reboot of Apple
> Some mistakes will be made. That's good. Because at least some decisions will be made too. We'll fix them... But I think it's so much better than where things were not very long ago.
A company tried to get me to come back and do handover after terminating a contract in breach a few years back. Agreement was a month. I did nothing for the entire month because they didn’t specify a deliverable. Due to working through an agency that was larger than the company I got paid and they got told to piss off when they complained.
Don't be. These are things worth ranting about; and even moreso they are things worth acting upon.
There are elections in the US this week, right?
Both sides can equally give as much notice as they want. 2 weeks is only customary, but also seems to be rarely honored on both sides. If an employee gives 2 weeks, they’re often just walked out the door and stay on the payroll for 2 weeks (for any job more complex than menial tasks, no meaningful transition can be completed in 2 weeks, so it’s better to reduce any risks immediately). Companies often give severance packages longer than 2 weeks to avoid being sued, on condition of signing some paperwork to that effect.
Since the workers mostly aren't actually fired, but in a no-access, no-duties period between notice and dismissal while still employed and on payroll, its “resume duties, quit, or be fired for cause”.
Swoop in to the sounds of Jan Hammer’s Crocketts Theme with his Tesla staff entourage, you’re fired you’re fired, sit down, hack the planet, job done, planet bows before him, free speech restored.
How it turned out:
“Um, boss, we’ve spent the last three days trying to get a build running in Jenkins. Might want to get the dudes you fired back.”. While all the advertisers distance themselves from the unravelling incel, racist, sexist shit show.
The guy’s a fucking idiot. Nothing else to it.
Who stands to gain from twitter and/or elons failure? We can speculate for fun. Certainly Bill Gates, with his half billion short on Tesla. He'd have the money to influence social media. We already know Microsoft games HN from when the CEO was bragging about it to shareholders. So it can be done.
Who else? Oil and Gas probably hate him for Teslas battery tech.
The entire automotive industry would be interested in piling on.
... NASA? That doesn't seem like them but who knows.
Everyone on twitter who already hated him would be doubling down.
I figure most are just secretly jealous. I am.
I'm over here expecting to lose my house as interest rates crank up, barely able to afford daycare and he's what, pissing off easily upset internet people while doing literally whatever he pleases?
I'm jealous of the power.
On the other hand I don't have any hopes for Bezos or some Comcast or BP billionaires as an example, so they don't disappoint me much :)
Case in point, the HN trope that he is an idiot and doesn't know anything about technology and just takes credit for brilliant engineers' work. I laid out solid evidence that is not true, quoting top of the field scientist and engineers' assessment of his technical knowledge and skills. The only response I get is from RavingGoat (username kind of checks out) claiming Elon must have paid these people to say these things with no evidence whatsoever.
https://news.ycombinator.com/item?id=33504228
I know this is cliche here, but in this case, it really seems like Redditors have invaded this space.
That’s become harder in the last few years and practically impossible in 2022. At this point, I am desperately hoping for SpaceX to get Starship/Superheavy flying before Elon manages to screw that up as well.
I’m not a trained psychiatric professional but it looks to me as if his extreme wealth and success has exacerbated some pre-existing tendencies and turned him into a (danger, medical jargon ahead) full-blown mess. It’s a shame to watch.
It seems like he has screwed up being a parent to his many children, most publicly the one that transitioned and cut off ties with him.
He's a lot like Trump in that he jumps into everything declaring it simple and that he gets it unlike everyone else, then says it turns out this is more complicated than anyone thought.
Not much. His public feuding and conspiracy theory spreading is largely constrained to Twitter. The whole thing going under might be the best outcome for him. Presently, however, he’s acting like an addict given the crack store.
I'm sure some of us have parents or grandparents who worked for Howard Hughes back in the day, and are now feeling a strong sense of deja vu. Musk seems to be speedrunning Hughes' career and, really, his entire life.
I suspect that HN has recently seemed more anti-elon because the anti-elon crowd has a lot of bullshit to point to recently, and the pro-elon crowd doesn't really have good defenses to most of it.
But over the past few years he’s become much more vocal about current events unrelated to his companies. He has every right to do it, but whether you’re a cable news commentator or Musk, the more you weigh in on social issues the more polarizing you become.
In the case of Twitter something had to be done. It was too powerful of a public forum and was mismanaged and run by extremists and exacerbated existing divisions, turning them into real rifts. If half a country feels they are being actively suppressed, demonized, and treated unfairly that is a recipe for disaster. Was Elon the guy to fix it? I dunno who else would be crazy enough to try. And his roots are in web tech so his experience may help.
Are these the plays of a proverbial multi-dimensional chess genius that are beyond mortal ken, or one clumsy attempt after another to salvage a bad situation that he put himself in?
In some other HN thread related to this, people worked out the math behind the layoff of half of Twitter's workforce days into taking over: assuming revenue remained the same, the company would be profitable enough to cover the loans taken to purchase (with itself as collateral!)
Personally I can’t make myself see this as a humanitarian disaster — these employees have known the risk was on the horizon for many months, are eminently employable, high-functioning, with presumably good professional networks and resumes. They’ll land on their feet, and have themselves to blame if they didn’t prepare accordingly. Plenty of other drama in the world to worry about, much of it more severe than ex-twitter ee’s on the open job market thirsty for talent.
He could've done all that much more smoothly. Now though, Twitter is spiraling.
Meanwhile.. it's a corporation that trades in short messages between it's users. Is any of this really worth the emotional investment? It's an odd time in America, but casting all your hopes and dreams through the lens of what Elon Musk does today or where Twitter is tomorrow seems to me to be the worst way to approach it.
There is a bunch of mass layoffs happening in other tech companies (and across the economy), are we going to pretend they will all go smoothly?
Actually come to think of it, without this acquisition Twitter would still have been forced to let a bunch of people go anyhow regardless of who happens to be the CEO. Possibly just as many. Probably with less severance... but definitely with nicer emails...
Take a deep breath.
Eventbrite cut 50% during covid btw.
Most of Twitter's current losses are the interested payment on Musk's leveraged buyout.
> Eventbrite cut 50% during covid btw
I'm shocked that a company whose business plan revolves around groups of people meeting in person had financial trouble during the pandemic.
Additionally I think "verified users get priority in replies" has the potential to be absolutely killer. Everyone knows that clout chasing is huge on Twitter. I could easily see a spiral like so:
* Initially 5% of daily actives buy the check marks, mostly just to own the libs (Fox News loves Elon btw). But the newborn blue checks are everywhere in replies. They're accumulating followers like no tomorrow.
* Others begin to follow suit. $8/month is a small price to pay for clout. Remember, that's what they're all there for. "If anyone tells you they don't want more twitter followers, they're lying."
* 10% of the userbase has bought a blue check. 20%. The anti-Elon folks are holding out. But their voices are growing quieter and quieter.
* The entire tenor of the site begins to change. The loudest voices are the Elon fans who bought the check mark early. His politics become dominant on the site.
* Eventually the anti-Elon folks either ragequit or end up purchasing the checkmark. Petty tyranny and clout chasing are kind of their thing. It's a case of irresistible force meets immovable object. Endgame seems hard to predict.
Additionally, I don't believe bot detection is an inherently hard problem. And if every bot detected means the bot creator has to pay another $8 for their next bot, then bot detection becomes profitable for Twitter.
I doubt this ends up being the cheapest way for Russia to influence US elections.
If he didn't think he could improve on the status quo for Twitter, the thing to do would be to trim as much staff as possible to cut costs and then continue with the current ad revenue based model, without making any changes or introducing new features. Twitter was making on the order of $5B/year in ad revenue. Pushing costs below $5B/year should not be difficult given the nature of the service provided.
Alternatively, if what you say is true and he doesn't think he can make it work, he could try to "back out" by flipping Twitter to another buyer, or just take it public again. Revealed preferences suggest he thinks he can outperform those alternatives.
https://world.hey.com/dhh/apple-fired-4-100-when-steve-jobs-...
what is he smoking? Musk literally banned the head of a major advertising organization concerned about where Musk was taking the site in terms of it being friendly to advertising (https://www.axios.com/2022/11/06/musk-twitter-marketers-adve...). Read Josh Marshall's thread at https://twitter.com/joshtpm/status/1588679838306799617. Musk is absolutely doing everything the customer does not want (the customer being: advertisers), and they have already ran for the exits.
If you’re reading this, and Twitter wants you back, I hope you ask for a contract with a year’s pay in advance, due before returning to work, at 10x your prior rate.
After all, you must be one of those 10x developers if Elon is willing to eat crow and ask you to come back.
Only at your old rate.
Mang. did not keep count, some Departments were emptied out. So after a couple of weeks, many people were re-hired and was able to keep their '1 year salary bonus'.
Many people in IT left once the re-hirings happened. The company went chapter 11 about 5 years later.
That’s a great deal.
see the top comments.
"Allegedly Oracle did this years ago when they had layoffs-- employees were let go, then asked if they wanted to return. Apparently, if they said no, the company considered the exit a resignation instead of a layoff, and would refuse severance. If oracle was then taken to court over the lack of severance by former employees, those employees' refusal to rejoin the company could be used to avoid an unfavorable ruling for Oracle."
Turns out running a large technology platform takes more than just wishful thinking and personal brand stunts.
You cannot audit performance at a software company by SLOC. In fact, its a great way to drive up hardware costs and salaries.
I stand by my previous statement about stack ranking: It does not fucking work. EVER. Fire low performers if you must but don't turn them on each other.
But one guy has put humans into space, and the other sold steaks on infomercials.
An alternate framing: one was president of the United States and one got pushed down a flight of stairs for making fun of a kid because his father committed suicide.
No amount of layoffs is going to cover the dissolution of their revenue basis. Twitter will become a thing of the past, like MySpace.
Edit: auto-correct typo
Could HN parse links and put how many cookies each website is trying to force you to accept?
What does it matter who owns the company and who the company fires? You can still (re)post the messages, you can still read the messages. All the favorite 'content-generators' are still there. Not much has changed from the users' perspective, everything works just fine.
I mean. A few memes - why not? A casual discussion - maybe. Rage and daily news titles about some internal decisions - what is this, '16 and pregnant'?
And what about this 'looking for twitter alternatives' crap? What for?
I feel like these low-effort topics pull the worst out of the community.
Well every opportunity is good to try to promote your network, isn't it?
> WARN protects employees, their families, and communities by requiring employers to give a 60-day notice
https://edd.ca.gov/en/Jobs_and_Training/Layoff_Services_WARN
I’m not sure of all the rules but I think working more than 20hrs or getting the majority of your contractor income from a single source raises a lot of flags.
I see it as a healthy sign that Twitter management are rapidly identifying and rectifying any missteps.