Some idiot (Musk) decided to axe 90% of workers, and the company hasn't completely evaporated (Twitter). Investors; therefore, are jumping on the signal that a bunch of capital is allocated to non-productive work.
Therefore, Welch it, trim the fat, give me back my money so I can stop being a source of welfare for techies, and start pouring money into something interesting.
By contrast I couldn’t Netflix to stop buffering last night and the last I heard they haven’t had really any layoffs.
I thought maybe 10b was what it was worth. And he could have gotten out of it by paying a $1 billion cancel fee, something like that. It appeared his ego prevented him from considering that. But it all goes back to him signing a terrible agreement in the first place.
I'm not sure why people are still repeating that. No, he couldn't, that fee would have been due if external influence would have prevented him from completing the transaction (e.g. the government banning the sale somehow).
I'm pretty sure that's you and not Netflix.
> Etymologists can find no firm evidence that the verb welsh, meaning "to swindle a person by not paying a debt" or "to fail to fulfill an obligation," is derived from Welsh, the people of Wales."
Besides, Occam's razor applies. The term was coined in England, which is adjacent to Wales and historically has a degree of anti Wales sentiment.
Where are any alternative etymologies? There are none.