Twitter alerted employees all office buildings closed and badge access suspended

Re:Twitter alerted employees all office buildings closed and... by IfOnlyYouKnew on Friday November 18, 2022 @01:45AM (#33651193)

From Q3 2017 to Q1 2022, Twitter only lost money in two quarters and was obviously profitable overall: https://www.statista.com/statistics/299119/twitter-net-incom...

Your breathless narration of that data is certainly a master class in spin. Maybe the company was performing far below what would be possible. But it is hard to look at the data and conclude that there was any imminent risk of its demise.

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Re:Twitter alerted employees all office buildings closed and... by philliphaydon on Friday November 18, 2022 @01:53AM (#33651265)

Twitter posted a net loss of $221 million in 2021, and a $1.1 billion loss in 2020.

Quarters are only good for forecasting and deciding what to do. Financial year is what matters overall. That’s an indicator of the overall success for the year.

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Re:Twitter alerted employees all office buildings closed and... by Marazan on Friday November 18, 2022 @05:07AM (#33652657)

I wonder if anything unusual happened in 2020?

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Re:Twitter alerted employees all office buildings closed and... by Macha on Friday November 18, 2022 @05:28AM (#33652783)

In retrospect, most online-only tech companies had a great time during the unusual thing, so much so many of them made the mistake of hiring like the same trends would continue

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