Elon Musk could fire 5 000 employees at Twitter due to bloat Elon Musk - Twitter HEAD TOPICS
Elon Musk could fire 5 000 employees at Twitter due to bloat
10/21/2022 3:00:00 PM Tesla CEO sees Twitter as a ' bloated' organization employing far more people for its revenues
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Source Interesting Engineering
Tesla CEO sees Twitter as a 'bloated' organization, employing far more people for its revenues. Elon Musk and Twitter may avoid a court battle after all but his arrival may not be good news for the bulk of employees at the company. Musk's brutal moves to make Twitter profitableAs Twitter looks set to announce the sale to Musk once again, the chopping board is likely to make a comeback but with a much bigger knife. The large-scale laying off could see Twitter services and user experience drastically compromised, fears a previous data scientist at the company. According to Wa Po, Twitter dedicates employees and revenue towards monitoring content such as hate speech, child sexual abuse, and other ugly content, which would weaken in the face of job cuts.This would expose users to offensive content and hacks that could see services go down. The skeleton staff left after the move would not have the institutional know-how to back up services, further ruining the Twitter experience. Read more:
Interesting Engineering » Elon Musk says he's 'obviously overpaying' for Twitter but touts platform's 'incredible potential' Elon Musk Plans to Lay Off Nearly 75% of Twitter Employees, or 5,500 Staffers (Report) Elon Musk, noted SF critic, reportedly plans mass Twitter layoffs Elon Musk May Gut 75% Of Twitter Workforce – Report Inside the only lithium producer in the U S which provides the critical mineral used in batteries by Tesla EV makers
Silver Peak has gained newfound attention in recent years as the energy and transportation sectors race to wean themselves off climate-warming fossil fuels. Read more >> Elon Musk says he's 'obviously overpaying' for Twitter but touts platform's 'incredible potential'Billionaire Elon Musk has said his decision to acquire Twitter for $54.20 per share could potentially accelerate the creation of X, an 'everything app,' by three to five years. elonmusk elonmusk Tesla cars have lots of unreported problems. Stock price down 50% from peak. elonmusk pump and dump - or hold and grow? Looking forward to an open and fair twitter platform with headquarters in Texas. Elon Musk Plans to Lay Off Nearly 75% of Twitter Employees, or 5,500 Staffers (Report) Elon Musk could be set to slash Twitter ’s headcount drastically once his $44 billion deal for the social network goes through. The mega-billionaire has told potential investors in the Twitter … How is this not a sign to the investors that they should pull their money? A true man of the people…. It’s been real Twitter! Elon Musk, noted SF critic, reportedly plans mass Twitter layoffsMusk has previously hinted he would move Twitter out of San Francisco, falsely claiming its presence in The City gives the platform 'a strong left bias.' He's bluffing. But if elonmusk moves Twitter out of San Francisco I am going to go out on a limb and say... Who gives a f*ck. Let’s focus on supporting small businesses. Then big biz will want to come and stay here. sf Elon Musk May Gut 75% Of Twitter Workforce – Report Elon Musk told prospective investors in Twitter that he planned to eliminate about 75% of the social media platform’s 7,500-strong workforce. Such a move would leave Twitter with about 2,000 staffe… Just another 'job creator' laying off thousands. you mean, you cant spend 6 months publicly insulting your new boss? PolitiFact - Trump still didn’t tweet his thanks to Elon Musk, and isn’t back on TwitterDonald Trump didn’t thank Elon Musk on Twitter for letting him back on the social media platform, but images of supposed tweets from the former president suggest otherwise. Report: Elon Musk plans to cut 75% of Twitter workforce Elon Musk plans to lay off most of Twitter ’s workforce if and when he becomes owner of the social media company, according to a report Thursday by The Washington Post. has reported.bought the X.Twitter ’s headcount drastically once his $44 billion deal for the social network goes through.Billionaire Elon Musk reportedly plans to lay off almost three-quarters of Twitter's employees if his purchase of the San Francisco-based social media company goes through. Musk's brutal moves to make Twitter profitable As Twitter looks set to announce the sale to Musk once again, the chopping board is likely to make a comeback but with a much bigger knife. The large-scale laying off could see Twitter services and user experience drastically compromised, fears a previous data scientist at the company. When asked about the possibility of combining his companies under one umbrella, Musk said there's no obvious reason to do so right now. According to Wa Po, Twitter dedicates employees and revenue towards monitoring content such as hate speech, child sexual abuse, and other ugly content, which would weaken in the face of job cuts. On Tesla’s third-quarter 2022 earnings call Wednesday, Musk said he was paying too much for Twitter . This would expose users to offensive content and hacks that could see services go down. "It’s not clear to me what the overlap is," he said. The skeleton staff left after the move would not have the institutional know-how to back up services, further ruining the Twitter experience. The effects could also be meaningful for San Francisco's economy. Most Popular Musk plans to keep the company and its services running with a highly reduced staff, much like how he plans to double to company's revenues in three years post the acquisition." CLICK HERE TO READ MORE ON FOX BUSINESS Tesla Tesla fell in Thursday trading on concern about demand for the company's products in the face of a weakening global economy. “Although, obviously, myself and the other investors are obviously overpaying for Twitter right now, the long-term potential for Twitter in my view is an order of magnitude greater than its current value,” Musk said. This comes at a time when the time users spend on the platform is reducing. Whether these plans are to improve the company's bottom line in the short term and attract more investors to unlock Twitter's true potential is something we will know in the years to come.45 billion in third-quarter revenue, up 27% from the second quarter and 55% from last year's third quarter. According to WaPo's report, Musk and his lawyer Alex Spiro have contacted popular names in Silicon Valley, ranging from Musk's business partner from his PayPal days, Peter Thiel, as well as Microsoft CEO Satya Nadella, to get them involved in Twitter.” In a June 16 Q&A with Twitter employees, Musk said there needs to be a “rationalization of headcount,” and said: “Anyone who is a significant contributor should have nothing to worry about. How many join the bandwagon remains to be seen, but something is certain. Analysts expected $21. Then Twitter began allowing all of its employees to work from home forever starting in May 2020, months after the company was one of the first to send its employees home as the coronavirus began spreading around the globe. Musk's experiment with Twitter is about to begin. SHOW COMMENT . Its profits, meanwhile, were $3. The Delaware Chancery Court judge overseeing the case until Oct.