Re:Twitter alerted employees all office buildings closed and...
by matwood on Friday November 18, 2022 @08:43AM
(#33654498)
> Paul Graham and some of the YC partners have been surprisingly defensive of Musk's actions.
Thing is, I agree that Twitter needed to be shaken up. But, Musk has made the wrong choices every step of the way. It's like he's giving a masterclass on how to be a terrible leader. It's amazing the miscalculations Musk has made. First, his longest tenure, most experience employees likely just got a huge payday on their stock/options - so of course they will peace out. Second, his antics are driving up the price of hiring new employees. Third, Musk still had a lot of goodwill before taking ownership that he's now squandered. I could go on...
The only thing I can think is he looked hard at the financials and the debt load he saddled the company with and panicked.
Thing is, I agree that Twitter needed to be shaken up. But, Musk has made the wrong choices every step of the way. It's like he's giving a masterclass on how to be a terrible leader. It's amazing the miscalculations Musk has made. First, his longest tenure, most experience employees likely just got a huge payday on their stock/options - so of course they will peace out. Second, his antics are driving up the price of hiring new employees. Third, Musk still had a lot of goodwill before taking ownership that he's now squandered. I could go on...
The only thing I can think is he looked hard at the financials and the debt load he saddled the company with and panicked.