Elon Musk now owns 9.2% of twitter...update.. will soon be the sole owner as Board of Directors accepts his purchase offer

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Red Squirrel

No Lifer
May 24, 2003
68,531
12,647
126
www.anyf.ca
Question should be why did they need that many people to begin with? It's not really that complicated of a site. Sounds like he's just cutting out inefficiency so they can stop losing money. I don't know if his shot gun approach is the best though as he's losing a lot of knowledge in the progress and whoever is left may have low morale wondering if they're next, but I kind of get why he's doing it. He's cutting out inefficiency.
 

sdifox

No Lifer
Sep 30, 2005
97,031
16,248
126
LoL another stable genius that thinks there are too many people at the company. Wonder if you ever think Bell should downsize you.
 
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ivwshane

Lifer
May 15, 2000
32,565
15,449
136
There is no evidence that he did anything but fire people blindly.

No! He’s a genius and any great genius can walk into a multi billion dollar business and look around and within a week, they can easily figure out what’s waste and what’s not.


/s



Seriously though, it certainly looks to me like he’s trying to destroy Twitter just for fun.
 

brycejones

Lifer
Oct 18, 2005
27,733
26,885
136
Question should be why did they need that many people to begin with? It's not really that complicated of a site. Sounds like he's just cutting out inefficiency so they can stop losing money. I don't know if his shot gun approach is the best though as he's losing a lot of knowledge in the progress and whoever is left may have low morale wondering if they're next, but I kind of get why he's doing it. He's cutting out inefficiency.

How to say you don’t understand the correct way to identify inefficiencies in a business without saying it.
 

kt

Diamond Member
Apr 1, 2000
6,017
1,322
136
No! He’s a genius and any great genius can walk into a multi billion dollar business and look around and within a week, they can easily figure out what’s waste and what’s not.


/s



Seriously though, it certainly looks to me like he’s trying to destroy Twitter just for fun.
Elon's real message when he brought a sink to Twitter building on his first day.

Let it sink in that I am about to sink Twitter.
 
Nov 17, 2019
12,402
7,518
136
Don't tell me how wrong I am, no matter how wrong I am!!!!

Twitter's trust and safety team sent Elon Musk a 7-page list of the risks with his paid verification system, and he launched it anyway: report

www.businessinsider.com.ico
Business Insider|1 hour ago
Twitter's team warned Musk a week before launch that impersonation issues would arise from selling $8 verified checkmarks, Platformer reported.


...
 

ch33zw1z

Lifer
Nov 4, 2004
38,220
18,682
146
Fwiw, I just logged into my twitter account after a long time and 2FA thru Authy worked ok
 

Pens1566

Lifer
Oct 11, 2005
12,314
9,170
136
Fwiw, I just logged into my twitter account after a long time and 2FA thru Authy worked ok

The "microservice" that was disabled was the one that sends you the code. If you're using authy, it gens the code for you. So you shouldn't be impacted.
 
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linkgoron

Platinum Member
Mar 9, 2005
2,409
979
136
Fwiw, I just logged into my twitter account after a long time and 2FA thru Authy worked ok
Authy uses TOTP I assume, it's not the same. It doesn't send anything, it uses a known shared "time zero" as a seed and uses the time passed from time zero to create a OTP.
 
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ch33zw1z

Lifer
Nov 4, 2004
38,220
18,682
146
Yep, just you guys know it, just providing feedback.

mine of my pet peeves is corps / companies that offer 2FA but SMS or email only. I’ll use Authy every time if possible
 

JEDI

Lifer
Sep 25, 2001
29,391
2,736
126
There is no evidence that he did anything but fire people blindly.
and violating California's law that requires 60day notice for mass layoffs.
(why would any big company stay in CA??)

so i'm thinking bankruptcy was his plan all along when he realized he has to buy twitter for $44B after his backing away plan failed when it dawned on him that he was an idiot for offering that obscene amount of $.

bankruptcy also gets him off the hook for:
- firing the CEO and 3 other top executives for 'cause' and not paying them their bonuses/severance
- paying back the ~22B that banks loaned him for the other half of his twitter purchase.
so basically he's only paying $22b for a toy that he plays with for a few months then throws away :eek:
 
Last edited:

dank69

Lifer
Oct 6, 2009
36,207
30,739
136
Question should be why did they need that many people to begin with? It's not really that complicated of a site. Sounds like he's just cutting out inefficiency so they can stop losing money. I don't know if his shot gun approach is the best though as he's losing a lot of knowledge in the progress and whoever is left may have low morale wondering if they're next, but I kind of get why he's doing it. He's cutting out inefficiency.
Holy shit. Simplistic thinking like this is the reason you are a conservative.
 

Pens1566

Lifer
Oct 11, 2005
12,314
9,170
136
and violating California's law that requires 60day notice for mass layoffs.
(why would any big company stay in CA??)

so i'm thinking bankruptcy was his plan all along when he realized he has to buy twitter for $44B after his backing away plan failed when it dawned on him that he was an idiot for offering that obscene amount of $.

bankruptcy also gets him off the hook for:
- firing the CEO and 3 other top executives for 'cause' and not paying them their bonuses/severance
- paying back the ~22B that banks loaned him for the other half of his twitter purchase

Bankruptcy also likely reverts control of the remnants of Twitter over to the creditors. Who will be able to do what they want in terms of leadership. It also blows away whatever "equity" he had in the company. I think he's an idiot, but incinerating like ~$13B seems like a stupid plan.

I think it's a classic case of a narcissist believing that he can do anything and be successful, and finding out the hard way that isn't the case. The latest exchanges with Twitter tech employees kind of proves that. Dude is so far out of his depth and it's not possible for him to be wrong and someone else to be right.
 
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Red Squirrel

No Lifer
May 24, 2003
68,531
12,647
126
www.anyf.ca
Best part is he was bitching about his company wanting him to work in the office full time...

What does that even have to do with anything?

Twitter is not really that much more complicated than a forum. Sure it has to be designed to be scalable but that work is already done, it just needs to be maintained. You don't need 10,000 people to manage that. Their entire infrastructure probably fits in a small data centre like say, 2,000sqft or so. Maybe two in different geographical locations for redundancy. If they really wanted to downsize they'd have a couple IT techs at their data centre(s) for physical tasks and everyone else working from home, most of those jobs can easily be done from home.

These people were mostly just lounging around eating company food on company time and getting a bit of coding done in between. Place looks more like a daycare. It sucks, but it's not like it's the first time a company does mass layoffs when they see inefficiencies. People are just being butthurt because it's Elon doing it. If it was any other person people would just be saying "tough luck, guess they need to find another job".

 

fskimospy

Elite Member
Mar 10, 2006
85,710
51,000
136
What does that even have to do with anything?

Twitter is not really that much more complicated than a forum. Sure it has to be designed to be scalable but that work is already done, it just needs to be maintained. You don't need 10,000 people to manage that. Their entire infrastructure probably fits in a small data centre like say, 2,000sqft or so. Maybe two in different geographical locations for redundancy. If they really wanted to downsize they'd have a couple IT techs at their data centre(s) for physical tasks and everyone else working from home, most of those jobs can easily be done from home.

These people were mostly just lounging around eating company food on company time and getting a bit of coding done in between. Place looks more like a daycare. It sucks, but it's not like it's the first time a company does mass layoffs when they see inefficiencies. People are just being butthurt because it's Elon doing it. If it was any other person people would just be saying "tough luck, guess they need to find another job".

I think the more likely answer is that the company's incompetent and flailing performance after doing this shows it was a bad idea. Wouldn't that make more sense?
 

sdifox

No Lifer
Sep 30, 2005
97,031
16,248
126
right, because you don't want to work from the office means Twitter employees have to work in the office full time.
 

MrSquished

Lifer
Jan 14, 2013
23,155
21,281
136
What does that even have to do with anything?

Twitter is not really that much more complicated than a forum. Sure it has to be designed to be scalable but that work is already done, it just needs to be maintained. You don't need 10,000 people to manage that. Their entire infrastructure probably fits in a small data centre like say, 2,000sqft or so. Maybe two in different geographical locations for redundancy. If they really wanted to downsize they'd have a couple IT techs at their data centre(s) for physical tasks and everyone else working from home, most of those jobs can easily be done from home.

These people were mostly just lounging around eating company food on company time and getting a bit of coding done in between. Place looks more like a daycare. It sucks, but it's not like it's the first time a company does mass layoffs when they see inefficiencies. People are just being butthurt because it's Elon doing it. If it was any other person people would just be saying "tough luck, guess they need to find another job".


You are so dumb it makes my brain hurt. Yes, Twitter just needs 2,000 sq feet of space for all their infrastructure and it's a super simple operation. Oh lord, please get off the grid and help save the planet.


Twitter leasing an additional 80,000 sq ft in 2020 in Atlanta, to add to their 100,000 sq feet of space for infrastructure they already had, just in Atlanta


They also have at least another major data center in the Sacramento area.
 
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ch33zw1z

Lifer
Nov 4, 2004
38,220
18,682
146
What does that even have to do with anything?

Because Elon made a big deal about it, guess you missed that.

Twitter is not really that much more complicated than a forum. Sure it has to be designed to be scalable but that work is already done, it just needs to be maintained.

Twitter is constantly changing, removing, adding features.

You don't need 10,000 people to manage that.

Ok, in your experience running a massive social media network, how many people do you think are required. Base your answer on 40 hours per week.


Their entire infrastructure probably fits in a small data centre like say, 2,000sqft or so. Maybe two in different geographical locations for redundancy. If they really wanted to downsize they'd have a couple IT techs at their data centre(s) for physical tasks and everyone else working from home,

lol, two for redundancy!


most of those jobs can easily be done from home.

Not if you work for Elon

These people were mostly just lounging around eating company food on company time and getting a bit of coding done in between. Place looks more like a daycare. It sucks, but it's not like it's the first time a company does mass layoffs when they see inefficiencies. People are just being butthurt because it's Elon doing it. If it was any other person people would just be saying "tough luck, guess they need to find another job".


You sound like you really haven't been following along much.
 

MrSquished

Lifer
Jan 14, 2013
23,155
21,281
136
I think the more likely answer is that the company's incompetent and flailing performance after doing this shows it was a bad idea. Wouldn't that make more sense?

Squirrel thinks all of Twitter can be run in a large 2BR apartment and overall barely needs any employees cause it's SO SO SIMPLE.

Also he thinks someone can come take over a big company, and without spending any real time to assess a damn thing and actually trim waste where needed, the better method is to just do massive sweeping cuts without any real data or studying at all.

Holy fuck.
 
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Red Squirrel

No Lifer
May 24, 2003
68,531
12,647
126
www.anyf.ca
I'm for working from home, I've said it before I don't really agree 100% with how Elon does things. I just find it comical how people are butt hurt over it, because if it was any other person doing it, it would basically be "tough luck".
 

fskimospy

Elite Member
Mar 10, 2006
85,710
51,000
136
I'm for working from home, I've said it before I don't really agree 100% with how Elon does things. I just find it comical how people are butt hurt over it, because if it was any other person doing it, it would basically be "tough luck".
How about it's just funny to watch the world's richest man and world class egomaniac blow his own dick off for the world to see?
 
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dank69

Lifer
Oct 6, 2009
36,207
30,739
136
Squirrel thinks all of Twitter can be run in a large 2BR apartment and overall barely needs any employees cause it's SO SO SIMPLE.

Also he thinks someone can come take over a big company, and without spending any real time to assess a damn thing and actually trim waste where needed, the better method is to just do massive sweeping cuts without any real data or studying at all.

Holy fuck.
C#:
Console.Write("Layoffs ");
Console.Write("based ");
Console.Write("on ");
Console.Write("average ");
Console.Write("number ");
Console.Write("of ");
Console.Write("lines ");
Console.Write("of ");
Console.Write("code ");
Console.Write("written");
Console.WriteLine(".");