Re:Twitter in chaos as employees accept Musk’s invitation to...
by mikeyouse on Friday November 18, 2022 @01:17PM
(#33659187)
This is the essence of vulture capital LBOs —- load the company with debt, fire everyone that doesn’t contribute directly to the bottom line, cut all perks, close many offices, and then float an IPO to cash out.
For all of the high-minded free speech town square rhetoric from his camp, this looks much more like the game plan from worst PE actors from the 1980s. I guess it’s good there isn’t a pension fund to raid?
For all of the high-minded free speech town square rhetoric from his camp, this looks much more like the game plan from worst PE actors from the 1980s. I guess it’s good there isn’t a pension fund to raid?