Twitter, when the wall came down

Re:Twitter, when the wall came down by simondotau on Sunday November 06, 2022 @01:09AM (#33489235)

But it wasn't a few days. Musk and his team had half a year to analyse the existing company structure and made preparations. Furthermore, it has been admitted that Twitter had layoffs in the order of 25% already planned, but those were placed on hold during the transition period.

More fundamentally, there's something deeply misguided about anyone complaining about layoffs at any corporation which haemorrhages money the way Twitter has for many years. Quite simply, unless Twitter has a path towards financial viability, there would be no point in it having any employees at all.

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Re:Twitter, when the wall came down by fbdab103 on Sunday November 06, 2022 @01:25AM (#33489353)

Musk spent half the year trying to not purchase Twitter. Or is the thinking that he was simultaneously attempting to not own Twitter while devising the management strategy if he did?

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Re:Twitter, when the wall came down by simondotau on Sunday November 06, 2022 @01:28AM (#33489387)

Musk spent half the year trying to not purchase Twitter for 44 billion. What happened was that he (unluckily or foolishly, pick your poison) signed a watertight buy agreement just before the wider stock market experienced a crash. He did try to get out of the deal, but that's not the same as saying that owning Twitter is something he no longer wanted.

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