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Re:Twitter to start layoffs -internal email by root_axis on Friday November 04, 2022 @12:17AM (#33462137)
I'm not worried. I've lived out what happens when activist investor know-it-all types come in and gut a company thinking they and their sycophant yes-men are smarter than everyone that came before. That isn't to say that Elon can't improve twitter as a business, but most CEOs aren't Elon, and even Elon is more hot air than substance.
Re:Twitter to start layoffs -internal email by cokeandpepsi on Friday November 04, 2022 @12:51AM (#33462350)
this is the story of most newspapers, same shit happened to the entire industry the past 20 years
Re:Twitter to start layoffs -internal email by HWR_14 on Friday November 04, 2022 @01:39AM (#33462628)
Most CEOs aren't Jack Welsh, and yet most of them implemented stack ranking. This persists even when it seems to demonstrably harm the companies.

So dropping 50% even if it harms the company may become a major move.