Elon Musk to reportedly fire 3,700 Twitter employees
Following mass firings, remote Twitter employees will need to report to in-person offices.
There have been some massive changes to Twitter’s operations since Elon Musk took over, both on the user side and behind the scenes. The former CEO, CFO, and other top leadership have already been dismissed from the company following his takeover, and it now appears that a large portion of other employees will be shown the door as well. According to new reports, Elon Musk is planning to fire roughly half of Twitter’s staff.
In an email sent company wide, Twitter confirms there will be layoffs tomorrow.
— Yashar Ali 🐘 یاشار (@yashar) November 4, 2022
Everyone in the company will receive an email about their role by 9am Pacific.
The email says all offices will be temporarily closed and employees who are currently in the office should go home. pic.twitter.com/c3O0eYszZc
CNBC reported that Elon Musk would be firing half of all Twitter staff following his takeover of the social media company. The outlet got a hold of internal communications where Musk coordinated a meeting with his top advisers to determine precisely how to go about the layoffs. Among the people expected to be present are David Sacks (Craft Ventures), Steve Davis (The Boring Company), and Sam Teller and Antonio Gracias (Valor Equity Partners). What’s more, details of this meeting were seen by a large share of Twitter workers, accidentally.
It’s no secret that Elon Musk is against remote work, and he’ll also bring that philosophy to Twitter. CNBC reports that of the Twitter employees that aren’t fired, the ones previously authorized to work from home will be required to come into the company’s in-person offices.
This story comes on top of what has been a whirlwind of Twitter news ever since Elon Musk officially took over as CEO. Within the next week or so, the billionaire is expected to launch a revamped version of Twitter Blue, which will put account verification and other unique features behind an $8 monthly paywall. It certainly won’t be the last major change coming to the company either, so be sure to bookmark our Twitter topic page for all future updates.
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Shacknews
replyDonovan Erskine posted a new article, Elon Musk to reportedly fire 3,700 Twitter employees
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More like a racist, self-absorbed, narcissistic cybermoron.
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Following mass firings, remote Twitter employees will need to report to in-person offices.
It gets even better!-
Anyone with a halfway decent skillset is going to abandon this company.
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That should have happened long ago. Anyone still there is probably not the cream of the crop.
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Ahhh shit. Correct.
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It's probably not large enough or with a broad enough tech platform / stack to hang with the others. But certainly there are extremely smart people working there. It's just a failure of leadership.
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It’s because FAANG is a group of companies that actually make money
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My god. Twitter is going to burn to the ground very soon.
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I think that's the job of HR or IT unless there's enough pissed off employees in these departments.
I wonder how much it would take to buy twitter from Elon if all the fired employees banded together?
Divide $44 billion / 3700?
Or would Elon want more than 44 billion? How many has been fired so far?-
$11,891,891.89189189 apiece for the 3700 employees? lol not going to happen unless more employees join in.
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Who the fuck would buy Twitter from Elon right now? Elon was the only person stupid enough to believe Twitter was worth buying in the first place!
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People who don't want to be controlled by the likes of Elon?
I liked Twitter when it was new and nerdy. Maybe somebody could take it back to those roots.
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I'd say it has more to do with a small number of employees having a huge impact on social media.
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I mean, as opposed to some specific ratio.
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> Musk’s purchase of Twitter, and his immediate move to charge verified accounts $8/month poses a rather fundamental question.... Why the hell are any of us doing this?
https://theline.substack.com/p/james-mcleods-twitter-reality-check?utm_source=shacknews&publication_id=70032&post_id=82335512&utm_medium=web-
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Same.
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Only problem is that Elon just spent $44 billion to purchase so he's probably strapped for cash right now.
Ultimately he's just either going to eventually shut down Twitter or find some other way to monetize that works.-
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He could charge for new features like a better search feature for searching for tweets. Something like using regular expressions to search or search based on a date range and so on.
I could see people paying money for that. Would it amount to much money? Probably not but it's a start.-
Oh wait, maybe I don't know how to use advanced search. The search by regular expressions might be novel but I doubt people would pay that much money for it.
https://help.twitter.com/en/using-twitter/twitter-advanced-search
Maybe a search by image or some other variation?
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Well I think he's worth a lot on paper but maybe he only has a billion in cash? That's a lot but most of that goes to his coke dealer lol
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True but investors might not like him selling a bunch at once. Sell more than a few shares and things get complicated.
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He recently sold $7 billion worth of Tesla stock.
https://www.reuters.com/business/autos-transportation/elon-musk-sells-792-million-tesla-shares-worth-69-billion-sec-filing-2022-08-10/-
Really surprised he's allowed to do this. Maybe he has to sell a larger percentage before investors get really upset or something.
I don't know.-
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Oh he's insanely rich and I may be exaggerating what he can't do.
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He had to borrow a shitton of money to pay for Twitter, intentionally running it into the ground seems like a very bad idea. Like, he could lose control of Tesla if Twitter crashes.
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acanis went on to argue that Twitter could meet the standards of its Big Tech peers, at least in terms of revenue per employee, if it dramatically cut staff.
In a “back of the envelope” calculation, he said Twitter’s revenue per employee was just $625,000 in 2021, compared to $1.9 million per employee for Google and $2.37 million per employee for Apple—but if Musk were to cut 5,000 of Twitter’s 8,000 workers, he could increase Twitter’s revenue per employee to a “more industry standard” $1.66 million.
“Insane potential for improvement,” Musk responded after emphasizing Calacanis’s text.
Then Calacanis proposed using a return-to-office mandate to get rid of some of Twitter’s staff without having to pay the typical exit packages. Twitter’s previous CEO, Jack Dorsey, implemented a “forever” remote-work policy in 2020 that allows Twitter employees to work wherever they are most productive.
“2 day a week office requirement = 20% voluntary departures,” Calacanis wrote. “Day zero…sharpen your blades boys.”
The two then decided maybe it wasn’t the best idea to discuss slashing Twitter’s staff using Twitter direct messages.
“Maybe we don’t talk Twitter on Twitter,” Calacanis wrote.
“Was just thinking that haha,” Musk replied, adding that “nothing said there so far is anything different from what I said publicly.”
https://fortune.com/2022/10/06/elon-musk-jason-calacanis-return-to-office-gentlemens-layoffs-twitter/
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Is this the new "Fuck Facebook"?
I'm on board. My only regret is I can't watch the wreckage up close.-
My regret is I don’t have a twitter account to delete :(
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Stop. Buying. Teslas.
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I wish Tesla had more competition. I mean, there's some competition but I wish it had more.
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You're right, I don't watch much sports.
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Can the competitors not use the charging network?
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lots of people got lifetime charging when they bought their teslas. not even tesla offers that any more.
not sure if someone with a ford lightning can just pull up and charge at a tesla charging center. besides paying, are their different charger connections? don't know.
Mercedes and bmw and lexus and volvo will all have 5 or 6 electronic options in the next couple years. and I don't know what the lower cost brands are at.
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I see a future of large solar panels everywhere providing shade to owners who wants to charge at a charging station. Maybe a vending machine with sodas nearby. Wifi for five bucks for a period of time.
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I know and I was kind of half joking knowing this exists.
Maybe I meant on a bigger scale than now, especially with non-Tesla chargers or something.
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For fast charging? No. Tesla uses a proprietary fast charge (supercharger) connector and communicates with the car to authenticate if you are allowed to. These stations are supposed to be converted to allow other car brands on a standard CCE connector to use them at some point but I haven't heard about this recently.
The Tesla branded slow chargers or "destination chargers" also are proprietary but there are converters you can buy aftermarket to plug into a car with a standard type 2 connector.-
"Tesla uses a proprietary fast charge (supercharger) connector"
I'm not surprised at this development. I suspected this was the truth but I wasn't sure how much it was enforced on every charger.-
To be fair, they were trail blazing this stuff before a standard was determined. And rather than pay Tesla for a license to use their connector design, the rest of the industry formed an alliance and came up with a separate standard. Tesla is now coming around to it. I was surprised the Model S didn't go CCS. I wonder if they will stick with it.
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Is there a technical difference between Tesla's charging and CSS or whatever standard for charging? Does one charge faster than the other or anything else from a technical point of view?
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No, it's just how the pins are aligned. You can buy a CCS converter for the Tesla charge port so they can use non-Tesla fast chargers for example.
It's because of how the fast chargers authenticate with the car that prevents an adapter with another brand working with it.
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I mean, can the competitors not use Telsa's charging network for some reason?
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Never.Fucking.Did
:D -
If you simply use Twitter and don't pay for any extra bullshit they try to sell you...aren't you technically losing Elon Musk money?
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Twitter has ads, right?
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Ads along don't generate enough money for him to even break even. But ads do help Elon lose less money.
He should rename Twitter to "Elon's rants" or something lol -
Yeah but I thought the company perpetually loses money, hence Elon's $8 a month scheme
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It's gonna be so fun to watch that thing burn. Hope it dies a quick death.
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Feature list, Weibo vs Twitter
W https://i.imgur.com/du7e5aT.jpg
T https://i.imgur.com/FnlMN89.jpg
Lots to do
// https://twitter.com/a16z/status/1588232855037034497
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Did someone say "weeaboo"?
https://pbfcomics.com/comics/weeaboo/
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Musk Eliminates ‘Days of Rest’ From Twitter Employee Calendars
Keeps getting worse.
https://www.bloomberg.com/news/articles/2022-11-03/musk-eliminates-days-of-rest-from-twitter-employee-calendars?utm_content=business&cmpid=socialflow-twitter-business&utm_campaign=socialflow-organic&utm_medium=social&utm_source=twitter
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How to kill a company in 10 days
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So deleting the account requires you to log in, deactivate your account and it will delete eventually.
I made an account that I never use other than with twidere to read other peoples linked tweets.
Removed that shit from the app. Trying to log in with the mail used to make the account... Nothing. Trying to get the password for the mail. Nope. Basically twitter is ghosting me lol. Last time that happened was when yahoo was hacked and they basically locked account deletion and mail forwarding to stop the ship from sinking.-
I just deactivated my account.. wait, is that different from deleting the account?
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Yes, deactivate and delete are two different words.
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Right, right.. ugh. I probably need to delete my account. Or just pretend it doesn't exist. I don't know, hm.
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I think your account needs to remain deactivated for 30 days before it'll be slated for deletion. That's what Lifewire says, anyway.
https://www.lifewire.com/delete-twitter-account-4145375
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Sorry if this has been said but…maybe he’s doing this on purpose? Maybe he actually wants twitter gone? Wouldn’t that be lovely? Just wishful thinking.
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I don't think there's any doubt in his head that what he's doing will save twitter
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Ugh, that’s scary.
It must be a weird feeling when you know the whole world is screaming at you, and yet you can just go “No, this is fine.”
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So he intentionally lit $44 billion dollars on fire, a chunk of which was his own money? It's possible, but I don't believe it.... I'm pretty sure he thinks he knows how to save Twitter.
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I was half joking, half hoping. I know that’s not the case but one can dream.
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One thing I liked about Twitter was that you could tell a earthquake is in progress within seconds of it happening.
Sure, you could get equipment and machines to do the same but Twitter gets more attention on the news. -
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I think there's 2 main components to why social media platforms become shit once they get too big:
1) Once social media companies go public, they have an obligation for both growth, and to a lesser degree, perceived profitability. They may have had great success pulling in whatever niche market they originally targeted, but once they've saturated that market, where do they go from there? There will be some expectation to have YOY growth in DAU, with some hope for that to be turned into profits. So instead of focusing on what made them successful, they have to start focusing on growth beyond what the product or platform was originally intended for, in addition to finding a way to make that growth turn into revenue. This eventually will come into contrast with that the users originally liked about the product or platform, whether it's ads or branching into new features. Rather than a focus on "how do we make this the best version of the thing we originally wanted it to be?" the focus becomes "how do we get more people to sign up and how do we monetize it?".
2) Moderation doesn't scale. Once a social media network becomes big enough, couples with #1 where there's an incentive for more engagement, there's going to be contrasting motives between moderating spam/bots/misinformation versus whatever garners more clicks. Even if you had the best intentions to have good moderation, once you hit a certain amount of content, there's no possible way to moderate that content without spending way more money than the platform is capable of bringing in. Economics aside, it becomes a massive task just to moderate the shear volume of content coming across your platform, but once you mix in trying to balance engagement with the cost of moderation, we all know which side is going to win out.
Ultimately, I don't think it's a bad thing for these networks to run their course and expire when the next big thing takes over. The problem is that with the big push on mergers and acquisitions, there's less and less opportunity for the next big thing to take off before they get gobbled up by the big dogs in tech. I don't know that we'll ever see another Twitter, because once something gets any traction, one of the big players is going to buy them out and try to integrate them into their existing growth/engagement/monetization strategy and likely kill off what little momentum the platform had. It's unfortunate.
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Facebook is worse, but Twitter is second worst. I won't be sorry to see it go... the quality content that's on there will find some other place & way to shine.
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facebook is the worst
i put instagram second, for spreading influencer and selfie culture and stupid trends like fucking wildfire (i.e. gender reveals, various 'challenges' like the tide pod shit) and creating this entirely fictive reality-through-media that makes people feel shitty about what they're doing or not doing -
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I wonder how that was funded or planned to be funded. Bandwidth is expensive.
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[deleted]
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Back when the rumor was 75% reduction:
I’ve had a few friends and sources inside Twitter over the years, and I’ve long heard that Twitter is vastly overstaffed. There’s just no reason for Twitter to have so many employees given the scope of what they offer today. And it’s ossifying for a company culture to carry a lot of dead weight.
https://daringfireball.net/linked/2022/10/21/twitter-musk-wapo-layoffs
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Since blue checks are essentially going to become cosmetic flair, not unlike lightning bolts used to be on this site, only the most hard-core Twitter super fans are going to get. The functional side of it - verification, is still a very necessary piece of functionality to create trust in the platform. I wonder how that will be handled considering the fact that the presence of bots was such a driving factor in his decision to acquire. 
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#TrumpIsDead trending on Twitter after Tim Heidecker hijinx.
https://www.standard.co.uk/news/world/why-is-trump-is-dead-trending-twitter-misinformation-tim-heidecker-b1036996.html-
Ah paywall, here ya go.
https://www.yahoo.com/news/trumpisdead-trending-twitter-verified-user-000443923.html-
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now it's visible again with context that it's satire: https://i.imgur.com/KnnkXa2.png
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It needs the juice.
https://youtu.be/NidPYIVfygo
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Unpaywalled: https://archive.ph/ts0BY
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other socials literally trying to figure out how many millions to pay influencers to boost their network's attraction while Elon attempts to charge them $8/mo to avoid being impersonated by trolls
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Starting tonight/tomorrow
https://www.nytimes.com/2022/11/03/technology/twitter-layoffs-elon-musk.html
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