The ongoing Elon Twitter saga: "insert demographic" melts down

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Tony Edwards said:
The thing is with Musk I am starting to get the thought that he has ripped every Tesla owner off. If they had told him to do one with his 80k cars he would have come back with okay how about 40k.

Suckers!
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So like any business?

People really expect elon to give away things for some strange reason, it's quite bizarre!
 
I know employment laws in America suck, but when you read stuff like this I really feel the very LEAST corps can do is lay out T&Cs before just shutting everyone out. Not blaming Elon specifically here, but him moaning on Twitter about advertisers whilst he's firing potentially thousands of people is just plain crass.
 
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iamtheoneneo said:
I know employment laws in America suck, but when you read stuff like this I really feel the very LEAST corps can do is lay out T&Cs before just shutting everyone out. Not blaming Elon specifically here, but him moaning on Twitter about advertisers whilst he's firing potentially thousands of people is just plain crass.
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A few more Tory parliaments and we will be there soon.
 
VincentHanna said:
So easy to link to the actual Tweet, rather than a screenshot


So not going well then Elon?
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I'm not in the least surprised advertisers are taking a step back atm. He's come in, treated it like a play thing, trolled people, the Paul Pelosi thing was just crasse and now he's sacking employees without even informing them. We shouldn't be surprised as he's famous for how badly he treats his workforce. Blaming "activists" is ridiculous, this is all on him. Grow up Elon or put an adult in charge and step away from the management.
 
www.theguardian.com

Twitter slashes nearly half its workforce as Musk admits ‘massive drop’ in revenue

Claims that the social media platform’s entire curation team was dismissed prompts fears content could become ‘more toxic’
www.theguardian.com www.theguardian.com
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The Worker Adjustment and Retraining Notification (Warn) statute requires employers with at least 100 workers to disclose layoffs involving 500 or more employees, regardless of whether a company is publicly traded or privately held.

Barry White, a spokesperson for California’s employment development department, said on Thursday the agency had not received any such notifications from Twitter.

A class-action lawsuit was filed on Thursday in federal court in San Francisco on behalf of one employee who was laid off and three others who were locked out of their work accounts. It alleges that Twitter intends to lay off more employees and has violated the law by not providing the required notice.

The prominent trial lawyer Lisa Bloom said she had been in contact with many Twitter employees now facing redundancy. “Elon Musk has a history of violating California’s labor laws, as Tesla has been hit with a shocking number of sexual and racial harassment lawsuits. His workers are human beings who are all entitled to respectful treatment. This time a hard-hitting class-action lawsuit will finally educate him that even the world’s richest man is not above the law,” she said.

Simon Balmain, a former senior community manager at Twitter, told the Guardian he was “shocked, but not surprised” at the sudden job cuts at the tech firm. Balmain, who had worked at the company for a year, said: “I had finished work but still had my laptop open and we all received an email from the company about a reduction in head count. An hour after that my laptop flashed and was wiped, I no longer had access to my apps.”

He said that the suddenness of removing such a large chunk of the workforce overnight didn’t come as a huge shock as he had heard “credible rumours” that job cuts were coming and that the staff were “braced for impact”. Balmain said Musk’s comments since he indicated an interest to buy the company had been “bad for morale” at the firm.
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Semple said:
Read this morning about employees logging on and then seeing their laptop had been remotely wiped. Really **** way to tell your employees.

Can you imagine if in less than a year Twitter was valued at less than $1bn. That'll be a very costly gamble for musk.
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When you look at who he got in bed with to pull this deal off it doesn't exactly shout free speech, maybe their plan was to buy it, to then kill it through poor management
 
mattx4 said:
Capitalist free market : acts freely
Elon : nooooo not like that
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Alternatively -

Elon - "Look, nothings changed on Twitter and I'm openly working with all these anti-hate groups yet the activists have still attacked Twitter's revenue stream. This just proves there's no point working with any more activist groups so, instead, now I can go all in against them and start removing all of their moderation"

Which leads to twitter becoming a worse place all whilst all the anti-hate groups are too busy patting themselves on the back, unwilling to see the damage they've just caused.

I think the over-reaction from people demanding Advertisers pull out is as silly as "cutting your nose off to spite your face" - Twitter won't go away and by attacking Musk it'll just embolden him to take the gloves off and Twitter really doesn't need that.
 
Elon Musk has just told an audience of wealthy investors in New York that he paid too much for Twitter and he wanted to get of the deal.

Musk is attending the Baron Investment Conference in Manhattan as Twitter staff are learning whether or not they still have a job.

The billionaire bought Twitter for $44bn.

According to Business Insider, he told an audience on Friday: "I tried to get out of the deal, it was like that scene from The Godfather.
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And



Layoffs already impacting Twitter's platform​

Marthe de Ferrer
BBC News

Social media journalists like me are noticing that the lay-offs are having an immediate impact on how the platform delivers content to users.

Normally on the #Explore tab you'd see trends and Twitter Moments - curated threads created by news outlets.

These stories are usually updated on an ongoing basis, reflecting both the news agenda and a user's own interests.

But now everything is at least a day or two old, with virtually nothing appearing from within the last 24 hours.

On my news tab, for example, there's a story from two days ago about Celebrations removing Bounty bars.

This is a notable change from Twitter's usual curation process, which was constantly refreshing its suggested content.
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That he paid too much was readily apparent, pointed out a while back that he was blatantly trying to get out of the deal and get it for a lower price.
 
Malt_Vinegar said:
Advertisers will cow to activitists very loudly to help with image, then slowly and quietly come back when the furore has died down :D
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At half the price they were paying earlier because of the increased risk of brand damage and uncertainty.

Elon can cry all he wants about his financial incompetence being someone elses fault, it's not the problem of a huge brand that their petty cash for advertising is what twitter lives on.
 
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Which begs me to ask, what were they trying to achieve by causing advertisers to come away from Twitter?
Because if they really love/care/value the platform, why try to destroy it more? Have they written off Twitter, and are now just happier if it went away forever?
I am confused.
 
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