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Re:Twitter to start layoffs -internal email by dmak on Thursday November 03, 2022 @09:42PM (#33460685)
Fair point. Agreed on the surgical layoffs. I assumed that Twitter's culture was rotting very deeply already since they haven't made much progress for a long time.
Re:Twitter to start layoffs -internal email by jesuscript on Thursday November 03, 2022 @10:02PM (#33460924)
There’s an underlying fact that the committee of people didn’t care about Twitter as a company right? That if you believe in your company and the welfare of your workers, and you believe Elon is a threat to them and your vision of whatever modern communication Twitter serves, then you wouldn’t sell it to him.

But they did right? As in the group lacks conviction.

There was not a single stipulation in that sale that said “please keep our people on for X amount of time”.

They took the cash and bounced.

Re:Twitter to start layoffs -internal email by papercrane on Thursday November 03, 2022 @10:17PM (#33461074)
The board represents the shareholders, of course they were going to take an over market offer. If they hadn't they'd be mired in shareholder lawsuits til the end of time.
Re:Twitter to start layoffs -internal email by dmak on Thursday November 03, 2022 @10:10PM (#33461002)
That was a hard red pill to swallow.
Re:Twitter to start layoffs -internal email by lmm on Friday November 04, 2022 @12:38AM (#33462253)
Oh sure. The board and upper management were inept and ineffectual, I don't think anyone will argue otherwise. But so what?
Re:Twitter to start layoffs -internal email by drc500free on Friday November 04, 2022 @01:29PM (#33470507)
The management and the shareholders are not the same thing. The board represents the shareholders, not the management. If they don't take the offer they get sued for breaching fiduciary responsibility.