Twitter Inc on Wednesday was hit with a lawsuit accusing it of refusing to pay at least $500 million in promised severance to thousands of employees who were laid off after Elon Musk acquired the company.
But overall most decisions were reasonable. The provider change and the change to the financial model were reasonable and will eventually lead to more profits, also with a smaller team behind the platform.
He slashed damn near 2/3 of the company, their HRIS systems were in disarray, they removed much of the force that made it advertiser friendly, came up with obscene API pricing (no doubt to try and cash in on LLM companies), and have failed to pay rent and server costs. Elon took a flawed business model and made it significantly worse all while giving a middle finger to their advertisers which is overwhelmingly their primary revenue source.
Not to say his steps aren’t ones that should be taken, it’s the ways and means that alot of people are taking issue with.
When he took over Twitter it was unprofitable, and the steps he’s taking are ones that would be recommended for alot of struggling startups. But not for a major buisness.
Elon is used to moving quickly and breaking things often, as with a startup it’s fine if there are disruptions for a while or take years to become profitable.
Paying severance isn’t a “hurdle” to “overcome,” it’s the cost of doing business. Not paying for things you have to pay for is not overcoming a hurdle. It’s running into it and continuing to run.
No new products or ideas, site is less usable today, many failed implementations, powerful new competitor (no, not Lemmy), no car advertising, trump didn’t even come back.
Well, well, well, look who’s defending their beloved billionaire. It’s truly fascinating how some people can overlook glaring issues and defend questionable decisions. Let’s dissect your defense, shall we?
Firstly, you claim that since Twitter is now in private hands, there’s no need to paint a picture for the public. Ah, yes, because transparency and accountability are such outdated concepts, right? Who needs the public’s trust when one person can make all the decisions behind closed doors? It’s not like Twitter is a platform that millions of people rely on for news, communication, and information.
You also applaud the efforts to make the platform more economical, but conveniently ignore the consequences. Sure, reducing the team might save some money, but what about the impact on content moderation? By firing a significant number of content moderation staff, Twitter has allowed extremist content to flourish, tarnishing its reputation and driving away advertisers. But hey, who needs ad revenue when you have a billionaire at the helm, right?
Speaking of advertisers, you seem to brush off the importance of brand safety and the impact of hate speech on ad placements. Advertisers understandably don’t want their brands associated with extremist views or hate speech. By failing to address this issue effectively, Musk has driven away advertisers, causing a significant loss of revenue for Twitter. It’s not “childish” for people to criticize such negligence; it’s simply holding a company accountable for its actions.
And let’s not forget Musk’s refusal to pay rent on Twitter’s offices. It’s truly admirable how he thinks he can just disregard contractual obligations and leave property owners high and dry. Such behavior shows a complete disregard for the law and basic decency.
Oh, and the whole bedroom installation in the San Francisco headquarters? That’s just downright creepy. Who in their right mind thinks it’s acceptable to convert a commercial space into a residential one without proper zoning? Musk’s actions in this regard are not only inappropriate but also demonstrate a lack of respect for regulations and the communities in which his company operates.
While it’s true that many billionaires own media outlets, that doesn’t excuse Musk’s questionable decisions and mismanagement. Controlling the narrative should never come at the expense of allowing hate speech and extremism to run rampant. Musk’s actions on Twitter are not the signs of a genius businessman; they’re the actions of someone more interested in their own ego and power.
So, before you rush to defend your beloved Musk, take a step back and consider the real consequences of his decisions. Twitter deserves better leadership and accountability, not blind adoration from its defenders.
Half the time a site just refuses to work.
I click on a link to a tweet, and it’s either “Ooops…” or a sign in window. This can’t be good for a social media site, that mainly gets its value from the number of users.
Disregarding laws in Europe regarding the firings is also a very shortsigthed decision that will bite them in the ass.
Many here want to see the company fall, just because a person is bought it that’ll whom they despise. That’s just childish.
The only bad decision on musks way so far was buying twitter for simply too much.
What the actual fuck???
Not paying bills, rent, employees’ severance and bonuses? This has real consequences for ordinary people who aren’t asshole billionaires. I don’t think anyone here wants the company to fail because they despise him. We want it to fail because he’s a terrible person doing terrible things.
I think it’s important to be critical; Musk is someone who I tend to be neutral with, and I refuse to align myself with the “eLoN MuSk bad!!!” crowd, because I’m a fucking adult.
And the second worst decision was shooting a shitty car into space.
I don’t have a moral judgement on that but I agree with one microbiologist who spoke about it. It is the single most influential event in the history of all life on earth.
Because it won’t just crash into a planet or zip off to nowhere it will just orbit for who knows how long. Breaking apart by outgassing and random microimpacts. Containing who knows how many protected and suspended bacteria and fungal spores. Pieces will reach every major body eventually. Including ones that can support life, such as Europa.
The impact of this event could stretch out for billions of years. Long after the sun ruins the inner planets the outer moons could still support life.
So billions of years from now, millions of light years away, there could be ‘intelligent’ life forms on another planet that evolved from bacteria on elon’s unwashed poop hands?
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💩
Oh, I’ll get you to talk, sooner or later…
That’s what I thought
Contracts that they can’t get out of?
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You think it’s reasonable to refuse to pay employees what they are owed?
The darn hippies should be happy they have a job! Money is for rich people!
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I think this covered it well:
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Do you practice being this stupid or does it come naturally?
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Wrong, stupid, and belligerent. The trifecta of incompetence.
You should slap your father for not having the common decency to wipe you on the curtains.
He slashed damn near 2/3 of the company, their HRIS systems were in disarray, they removed much of the force that made it advertiser friendly, came up with obscene API pricing (no doubt to try and cash in on LLM companies), and have failed to pay rent and server costs. Elon took a flawed business model and made it significantly worse all while giving a middle finger to their advertisers which is overwhelmingly their primary revenue source.
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@UserDoesNotExist
@lps2 @technology
Not to say his steps aren’t ones that should be taken, it’s the ways and means that alot of people are taking issue with.
When he took over Twitter it was unprofitable, and the steps he’s taking are ones that would be recommended for alot of struggling startups. But not for a major buisness.
Elon is used to moving quickly and breaking things often, as with a startup it’s fine if there are disruptions for a while or take years to become profitable.
Watching bootlicking idiots getting downvoted into oblivion. I finally feel at home.
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Paying severance isn’t a “hurdle” to “overcome,” it’s the cost of doing business. Not paying for things you have to pay for is not overcoming a hurdle. It’s running into it and continuing to run.
I hope he pays you for this kind of oral service.
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You are trying to sound superior, and it is not going well.
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Blah balh blah. Look at what a smart person I am… (anyone that has to tell you how smart they are is not.)
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Rather slow on the awareness side as well.
Honestly what you said is pure drivel.
No new products or ideas, site is less usable today, many failed implementations, powerful new competitor (no, not Lemmy), no car advertising, trump didn’t even come back.
(anyone that has to tell you how smart they are is not.)
Well, well, well, look who’s defending their beloved billionaire. It’s truly fascinating how some people can overlook glaring issues and defend questionable decisions. Let’s dissect your defense, shall we?
Firstly, you claim that since Twitter is now in private hands, there’s no need to paint a picture for the public. Ah, yes, because transparency and accountability are such outdated concepts, right? Who needs the public’s trust when one person can make all the decisions behind closed doors? It’s not like Twitter is a platform that millions of people rely on for news, communication, and information.
You also applaud the efforts to make the platform more economical, but conveniently ignore the consequences. Sure, reducing the team might save some money, but what about the impact on content moderation? By firing a significant number of content moderation staff, Twitter has allowed extremist content to flourish, tarnishing its reputation and driving away advertisers. But hey, who needs ad revenue when you have a billionaire at the helm, right?
Speaking of advertisers, you seem to brush off the importance of brand safety and the impact of hate speech on ad placements. Advertisers understandably don’t want their brands associated with extremist views or hate speech. By failing to address this issue effectively, Musk has driven away advertisers, causing a significant loss of revenue for Twitter. It’s not “childish” for people to criticize such negligence; it’s simply holding a company accountable for its actions.
And let’s not forget Musk’s refusal to pay rent on Twitter’s offices. It’s truly admirable how he thinks he can just disregard contractual obligations and leave property owners high and dry. Such behavior shows a complete disregard for the law and basic decency.
Oh, and the whole bedroom installation in the San Francisco headquarters? That’s just downright creepy. Who in their right mind thinks it’s acceptable to convert a commercial space into a residential one without proper zoning? Musk’s actions in this regard are not only inappropriate but also demonstrate a lack of respect for regulations and the communities in which his company operates.
While it’s true that many billionaires own media outlets, that doesn’t excuse Musk’s questionable decisions and mismanagement. Controlling the narrative should never come at the expense of allowing hate speech and extremism to run rampant. Musk’s actions on Twitter are not the signs of a genius businessman; they’re the actions of someone more interested in their own ego and power.
So, before you rush to defend your beloved Musk, take a step back and consider the real consequences of his decisions. Twitter deserves better leadership and accountability, not blind adoration from its defenders.
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Damn. I was curious to see your reply only for you to bail out.
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Nice to see you putting in the same amount of effort in your rebuttals that Musk does with his.
Not that strong of an ideological position if you’d rather focus on memes than argue it. But I do get it… memes are great.
You could argue your position with a meme.
Half the time a site just refuses to work. I click on a link to a tweet, and it’s either “Ooops…” or a sign in window. This can’t be good for a social media site, that mainly gets its value from the number of users. Disregarding laws in Europe regarding the firings is also a very shortsigthed decision that will bite them in the ass.
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What the actual fuck???
Not paying bills, rent, employees’ severance and bonuses? This has real consequences for ordinary people who aren’t asshole billionaires. I don’t think anyone here wants the company to fail because they despise him. We want it to fail because he’s a terrible person doing terrible things.
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Yea it’s legal question. If you break the contract they will get their lawyers. It’s as simple as that. And you will probably loose that trial.
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Since when are service bills and rent questionable after they’ve been rendered?
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Pure drivel.
💩
Guys, we found Elon
What about the severance for those employees?
I think it’s important to be critical; Musk is someone who I tend to be neutral with, and I refuse to align myself with the “eLoN MuSk bad!!!” crowd, because I’m a fucking adult.
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Good thing there’s a lawsuit forcing him to look into it, and pay it.
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I don’t have a moral judgement on that but I agree with one microbiologist who spoke about it. It is the single most influential event in the history of all life on earth.
Because it won’t just crash into a planet or zip off to nowhere it will just orbit for who knows how long. Breaking apart by outgassing and random microimpacts. Containing who knows how many protected and suspended bacteria and fungal spores. Pieces will reach every major body eventually. Including ones that can support life, such as Europa.
The impact of this event could stretch out for billions of years. Long after the sun ruins the inner planets the outer moons could still support life.
So billions of years from now, millions of light years away, there could be ‘intelligent’ life forms on another planet that evolved from bacteria on elon’s unwashed poop hands?
I imagine it would be more likely the stuff inside like the cushions but yeah.