Bang on. Strip it all back. Musk made a play for something that cost him well over the odds. He has no option now but to try and make a go of it. It would have cost him something like a billion to pull out of it. Me thinks that in 12 months time he may well regret not handing over that money as it could well work out to be the cheapest option.
They had an operating loss of $344M in the most recent quarter, thatâs where Muskâs $4M a day loss comment comes from.
Looking at their financials you have to conclude their management team are/were a bunch of clowns, revenue flat yoy and costs increased by 30%, including a 50% increase in R&D. In an environment where business is slowing down who the fuck adds +30% cost.
Agree on Tech, itâs getting ugly and will likely get more ugly, but thatâs the nature of the industry since 2000, boom and bust.
Draft of TWTR - Q2â22 Earnings Release (Privileged and Confidential).v2 (1) (q4cdn.com)
Did he check his twitters DMs
Mate donât be dragging me into this shit show of a thread
What doesnât kill you makes you stronger.
About 3 months before my eldest was born, some cunt of a yank lifted the phone and told me (and 28 others) to log out and hand back our devices. A full program of work scraped and nothing to replace it.
Sure what can you do only plague every cunt you know until you get the start somewhere else.
Iâd be pretty confident most of the twitter employees will get work relatively quickly. The vast majority of profitable companies are undergoing large digital transformations to make themselves more efficient. This involves large implementations of SAAS products such Workday, Salesforce, Jira, Docusign and cloud technology such as Azure and AWS.
âTwitter employeesâ and âefficientâ are not words that have been associated with each other over the past 24 hours.
The smart ballsy folk will reinvent themselves.
Now youâre talking
That said, a few folk will get an awful land. The soft rug pulled out from under them and landing onto the cold hard ground. The days of intermittently moving the mouse around during their 10am Joe Wicks class are long gone.
what I couldnât understand about the redundancy process when I went through it was there were known wasters kept on and high achievers let go. It didnât make any sense
Thatâs a disgusting post. Your snide contempt for the twitter employees laid off is sickening. .
Accountants and spreadsheets. You landed in the wrong cell.
best thing that ever happened to me⌠I went out on my own after, a huge eye opener
Bingo.
Are you okay?
Just found out musk is autistic
How will you break it to him?