- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Elon tweeted Twitter was losing $4M/day!
Posted on 11/4/22 at 6:16 pm
Posted on 11/4/22 at 6:16 pm
Govt psyops are expensive!
Regarding Twitter’s reduction in force, unfortunately there is no choice when the company is losing over $4M/day.
Everyone exited was offered 3 months of severance.
LINK
Regarding Twitter’s reduction in force, unfortunately there is no choice when the company is losing over $4M/day.
Everyone exited was offered 3 months of severance.
LINK
This post was edited on 11/4/22 at 6:17 pm
15
Posted on 11/4/22 at 6:17 pm to LSUAngelHere1
They should have gotten 2 weeks. Elon is generous.
Posted on 11/4/22 at 6:18 pm to LSUAngelHere1
Great purchase.
Posted on 11/4/22 at 6:20 pm to PsychTiger
quote:
They should have gotten 2 weeks. Elon is generous.
It's on purpose. He is buying 3 months worth of their obedience to the Twitter employment rules/code of conduct. As they are technically still employed. It delays them from doing anything crazy in retaliation and lets them cool off first.
Posted on 11/4/22 at 6:21 pm to PsychTiger
quote:
They should have gotten 2 weeks. Elon is generous.
Giving the months severance prevents the lawsuits in California. California has a law that you have to give a 60+ day notice for huge layoffs, or something akin to that.
But by giving the 90 days and saying they are still twitter employees until the 90 days is up, he has removed that law from being used.
Posted on 11/4/22 at 6:23 pm to efrad
quote:
He is buying 3 months worth of their obedience to the Twitter employment rules/code of conduct. As they are technically still employed. It delays them from doing anything crazy in retaliation and lets them cool off first.
The frick?
Posted on 11/4/22 at 6:24 pm to PsychTiger
quote:
They should have gotten 2 weeks. Elon is generous.
Yep, I think the WARN act would only require 60 days.
Posted on 11/4/22 at 6:24 pm to efrad
It’ll give them time to learn how to weld , mine coal, or frack natural gas and oil.
Posted on 11/4/22 at 6:28 pm to Deplorableinohio
quote:
It’ll give them time to learn how to weld , mine coal, or frack natural gas and oil.
and study the US Constitution and write essays on how to preserve it - citing potential things to be aware so there is time to thwart them.
Posted on 11/4/22 at 6:28 pm to Deplorableinohio
quote:
or frack natural gas and oil.
Too many green hats as it is. Hard pass.
Posted on 11/4/22 at 6:33 pm to LSUAngelHere1
So twitter is losing 1.5 billion dollars a year????? Where was the money to operate coming from? Twitter has been around since 2006. Has it every made a profit???
Posted on 11/4/22 at 6:35 pm to Tigers2010a
It’s best year was a not big loss…def worth $44B.
Posted on 11/4/22 at 6:35 pm to Tigers2010a
quote:
So twitter is losing 1.5 billion dollars a year????? Where was the money to operate coming from? Twitter has been around since 2006. Has it every made a profit???
Taxpayers of course
Posted on 11/4/22 at 6:39 pm to cwill
quote:
The frick?
What?
I've been in a similar situation. 7 years ago I worked for a tech company that laid off a tremendous percentage of one its workforces in favor of outsourcing, after all of those employees built up the platform and trained the people who eventually replaced us under the guise of expansion. I saw the writing on the wall and got out like 2 months before it happened.
We felt backstabbed, tons of people wanted to talk open to the media about what had happened, and make a huge stink of it. The only problem was that everyone was given a severance like this where they drew regular paychecks and were technically employees, and had to keep their mouths shut for months in order to keep getting their paychecks. All of the anger fizzled out as people found other jobs during this period and moved on with their lives and I don't even think the story was ever mentioned in the media. This was by design.
Posted on 11/4/22 at 6:41 pm to cwill
quote:
Great purchase.
It very well might have been overpriced due to inflated bot accounts.
Many investors have purchased struggling businesses and flipped them to profitability.
If he brings Twitter into the black and rids it from the social rot that permeates around the globe, it's a win win for Elon and society in general, unless you prefer the rot.
Posted on 11/4/22 at 6:42 pm to tigerfan 64
None of that negates the fact he overpaid.
Posted on 11/4/22 at 6:45 pm to LSUAngelHere1
quote:
Twitter was losing $4M/day
Honestly not surprised.
Posted on 11/4/22 at 6:47 pm to Deplorableinohio
quote:
It’ll give them time to learn how to weld , mine coal, or frack natural gas and oil.
Those stupid fricks can't change a flat tire, or jump start a car. They aren't learning any real occupation.
Posted on 11/4/22 at 6:50 pm to PsychTiger
Understatement - bunch of mentally deranged ingrates at that company
Posted on 11/4/22 at 7:01 pm to cwill
quote:
None of that negates the fact he overpaid.
And not a penny of it was your money.
Take your arse-hurt emotions back to DU and cry about it with the rest of the socially rejected losers.
Page 1 of 4
Popular
Back to top
Follow TigerDroppings for LSU Football News