The creditors must enjoy Elon talking about bankruptcy already. Maybe he thought he could stop the bleeding by firing everyone. But with advertisers out and revenue gone, he's set for an ugly legal battle in a few quarters. This has to be the most perilous business deal in the history of business and deals.
Yeah, I was expecting him to make a few cuts and focus on subscriptions or other revenue sources but I guess the losses he was looking at spurred a swing for the fences. I feel bad for anyone at Twitter who’s along for the ride.
Re:2 Years at Twitter
by phist_mcgee on Thursday November 24, 2022 @05:24AM
(#33729672)
The H1-B workers clinging on for dear life?
https://www.bloomberg.com/opinion/articles/2022-04-21/elon-g...