Re:Twitter beats estimates, cuts jobs with eye on 2017 profi...
by dilemma on Thursday October 27, 2016 @08:09AM
(#12804385)
What's the phrase, cut deep and fast? Twitter should probably cut more like 25-50%.
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Re:Twitter beats estimates, cuts jobs with eye on 2017 profi...
by criddell on Thursday October 27, 2016 @08:49AM
(#12804636)
I was thinking 90%. Why can't Twitter operate with three or four hundred employees rather than three or four thousand employees?
Re:Twitter beats estimates, cuts jobs with eye on 2017 profi...
by jeeeeefff on Thursday October 27, 2016 @01:22PM
(#12807111)
From the perspective of the 10% that remain, why would they bother to stay if 90% were cut? Sounds like taking on ten times the day to day workload. In SF, it's not like they couldn't go elsewhere for work.
Re:Twitter beats estimates, cuts jobs with eye on 2017 profi...
by criddell on Thursday October 27, 2016 @02:05PM
(#12807615)
I would cut 90% of the people and cancel lots and lots of projects.
The people that remain would be well compensated. If you can cut 90% of the workforce and still preserve half the revenue (and that might not be possible), then you can pay each person $1 million per year.
Really though, I just have a hard time understanding what three thousand people are doing to keep Twitter running day after day. I keep coming back to thinking about how Instagram had 15 people working there when Facebook bought them.