Re:Musk orders Twitter to cut infrastructure costs by $1B – ...
by nemothekid on Friday November 04, 2022 @11:24PM
(#33477540)
>Buy a company, drastically reduce unnecessary expenses.
This famously works out very well for PE firms.
It seems very naive to assume Twitter was casually spending 1B/yr in "unnecessary expenses". Maybe the previous CEO/CTO was a baffling moron, but I tend to have more faith in people absent of evidence otherwise. I'm going to be surprised if Twitter is around in year - I'm just they have the capital to keep the lights on but it will be a very different story if advertisers start to abandon the platform because the adops infrastructure was gutted as an "unnecessary expense".
Re:Musk orders Twitter to cut infrastructure costs by $1B – ...
by nothatscool on Friday November 04, 2022 @11:36PM
(#33477635)
Weren’t they spending almost half a billion a year on r&d?
Re:Musk orders Twitter to cut infrastructure costs by $1B – ...
by GoOnThenDoTell on Friday November 04, 2022 @11:44PM
(#33477696)
That usually just means regular engineering staff
Re:Musk orders Twitter to cut infrastructure costs by $1B – ...
by refurb on Saturday November 05, 2022 @12:14AM
(#33477895)
Twitter has expenses of $5B per year.
https://finance.yahoo.com/quote/TWTR/financials/
So just view this as "A 20% reduction in expenses". Doesn't seem quite to scary huh?
Re:Musk orders Twitter to cut infrastructure costs by $1B – ...
by tfsh on Friday November 04, 2022 @11:17PM
(#33477497)
All those unnecessary expenses like content moderation and robust fault tolerant infrastructure.
Re:Musk orders Twitter to cut infrastructure costs by $1B – ...
by 8f2ab37a-ed6c on Friday November 04, 2022 @11:25PM
(#33477549)
It's an app for billionaires and journos to crank out viral memes, not a pacemaker. The world will be ok.
Re:Musk orders Twitter to cut infrastructure costs by $1B – ...
by afavour on Friday November 04, 2022 @11:48PM
(#33477728)
Not really the point here. If you spent tens of billions purchasing Twitter you presumably don’t want the world to be without it. You have a very active interest in making it a success.
Re:Musk orders Twitter to cut infrastructure costs by $1B – ...
by darthrupert on Saturday November 05, 2022 @03:44AM
(#33478942)
Unless you're so beyond caring and vindictive that you're willing to do that just to screw over the shareholders who forced you to buy the company.
Re:Musk orders Twitter to cut infrastructure costs by $1B – ...
by nyargh on Saturday November 05, 2022 @05:20AM
(#33479552)
Screwing them over how, exactly? As far as I can tell most of the shareholders got cashed out at a valuation way above market. I'd love to be similarly "screwed over" given the opportunity.
Re:Musk orders Twitter to cut infrastructure costs by $1B – ...
by afavour on Saturday November 05, 2022 @09:42AM
(#33481391)
Then that’s a sign Musk has absolutely lost it. Writing off tens of billions for petty revenge is insane.
(also the shareholders just cashed out, they don’t care)
Re:Musk orders Twitter to cut infrastructure costs by $1B – ...
by rad_gruchalski on Saturday November 05, 2022 @07:45PM
(#33487160)
From the buyer’s perspective the only result that matters is the profit.
Re:Musk orders Twitter to cut infrastructure costs by $1B – ...
by valine on Friday November 04, 2022 @11:19PM
(#33477513)
Twitter going down occasionally wouldn’t be the worst thing in the world.
Re:Musk orders Twitter to cut infrastructure costs by $1B – ...
by factsarelolz on Friday November 04, 2022 @11:24PM
(#33477538)
Or gigantic offices in expensive down town areas, all the coworkering space rent, food served at said office buildings, and personnel.
Re:Musk orders Twitter to cut infrastructure costs by $1B – ...
by listless on Saturday November 05, 2022 @07:32AM
(#33480460)
This was my thought. Or at least move HQ somewhere else. Although he’ll probably end up doing that anyway.
Re:Musk orders Twitter to cut infrastructure costs by $1B – ...
by knaekhoved on Friday November 04, 2022 @11:25PM
(#33477553)
Except "content moderation" is a euphemism for banning accounts that e.g. question the effectiveness of the pfizer covid vaccine (which ended up being rather justified).
Buy a company, drastically reduce unnecessary expenses.