It’s a dark time to be a tech worker right now::Nearly 300,000 tech employees have been laid off since last year, data shows.

  • Avid Amoeba@lemmy.ca
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    9 months ago

    Speaking of copycats, I have a feeling this all might have started with Elon showing Twitter “can do the same with less.”

        • MajorHavoc@programming.dev
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          9 months ago

          Even an MBA educated exec can read the stock price trend… But I guess I’m making the “no one is that stupid” argument… And I know in my heart I’m on the wrong side. Somehow, some executives absolutely are that stupid.

          • Avid Amoeba@lemmy.ca
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            9 months ago

            I mean, the signs were there, Elon wasn’t exactly silent about his plans for Twitter and investors gave him a lot of money to proceed. Clearly there is plenty stupid.

        • EnderMB@lemmy.world
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          9 months ago

          From a tech workers perspective, Twitter has long been known for having a resilient infrastructure, so it’s hardly surprising that when Elon (literally) ripped servers out of the wall, some things stayed up.

          Sure, they had a lot of issues since Elon took over, but I’d say that many of them are due to the new features that Elon sticky-taped on. Twitter’s solid tech infrastructure was one of the reasons why I always wanted to work there, so I’m doubly-sad to see it go to shit under Musk.

          • Avid Amoeba@lemmy.ca
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            9 months ago

            Agreed and this is the reason I think was possible to hollow it out without it falling apart. Then some other guy with 5 extra brain cells and another robust system under their control is probably like - “I wonder how much labor I can hollow out, till shit starts cracking. So long as I don’t pull any public stunts like Elon and I don’t go beyond the cracks… 🤔💸”

            BTW I’ve been at a hollowed out tech company. A very well known name. It’s truly incredible how different things could look from the inside compared to the outside. Massive mountains of tech debt, people doing multi-week on-call shifts to keep shit running, rarely getting a full night’s sleep, trustworthy household nameplate on the outside. The stock was doing okay. Still is actually.

        • catsarebadpeople
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          9 months ago

          To an MBA educated exec, it might look like a roughly $30 billion dollar loss in value. But I can tell you’re not educated because the real issue is advertiser and user numbers dropping at an alarming rate.

          • Avid Amoeba@lemmy.ca
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            9 months ago

            You can tell eh? 😂 Now consider the point of view that you can do the labor trimming without the additional massive mismanagement by Elon. Could that perhaps cause fewer advertisers and users to flee, could perhaps the cost savings vs lost revenue balance positively even if the service quality has decreased by some margin?

            • catsarebadpeople
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              9 months ago

              Yep, I can definitely tell now. What are you even talking about? Could these things perhaps, maybe, possibly balance out? No… Users and advertisers are actively fleeing the platform. The platform that has lost over 70% of its value. Saving on labor, outweighs a 30 billion dollar loss in shareholder value? It’s clear you don’t understand business but surely you can do simple math.

              • Avid Amoeba@lemmy.ca
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                9 months ago

                You’re clearly not understanding what I’m saying and you’re trying to mock. Not great but you do you. ☺️

                • catsarebadpeople
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                  9 months ago

                  I understand exactly what you’re trying to say. You’re just wrong.