Re:Twitter’s mass layoffs have begun
by dmix on Friday November 04, 2022 @10:42AM
(#33467532)
Only 3 years ago Twitter had 5000 employees. They now have 8000 in 2022. That's a massive headcount growth for a company whose stock price declined significantly since then.
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Re:Twitter’s mass layoffs have begun
by pyrrhotech on Friday November 04, 2022 @11:46AM
(#33468602)
And no notable features have been released
It seems like most of the layoffs are in trust, comms, creative, policy, wellness and those supporting these functions.
If the rumours of 50% downsizing are correct these functions were way bigger than I expected.
You didn't see Twitter Spaces, Fleets, Birdwatch, Tweet Editing, and Twitter Blue? Some of those features have been successful for them, some not, but they've been releasing features.
+ tipping, voice tweets, Patreon-style subscriptions for content creators, and being able to control who can reply to your tweets.
Re:Twitter’s mass layoffs have begun
by estomagordo on Friday November 04, 2022 @11:56AM
(#33468774)
That is also the time period when they started showing a profit.
Re:Twitter’s mass layoffs have begun
by SV_BubbleTime on Friday November 04, 2022 @12:20PM
(#33469238)
No new features, and from my seat I can see no new monitization model.
Where is all this new money coming from, and why do suggest it requires these new employees to keep that stream flowing?
Re:Twitter’s mass layoffs have begun
by chrisseaton on Friday November 04, 2022 @12:34PM
(#33469498)
> No new features
Are the new features for advertisers rather than consumers?
Operating a massive, distributed, real-time ad platform requires lots of engineers.
Re:Twitter’s mass layoffs have begun
by partiallypro on Friday November 04, 2022 @02:36PM
(#33471619)
But how many of the new hires are engineers? I've read it has mostly been middle management hires.
Elon claims there are 10 managers for every person coding. I don't believe that.
There have been lots of new features like Twitter Spaces, tipping, voice tweets, Twitter Blue, Patreon-style subscriptions for content creators, controlling who can reply to your tweets, etc. However, some of the new features like fleets (temporary tweets) were deprecated.