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

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Uther said:
Did he buy Twitter just to wreck it then? Surely any employee with sense will be bailing out pdq.
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It's certainly sounding that way. The way it's going I can't honestly see it surviving. Maybe he can write down the value or something so it doesn't actually cost him that much.

He's obviously bitter about being forced to purchase it at an inflated price.
 
Werewolf said:
Well except that apparently Twitter has been largely work from home for years (before covid), and their employment contracts don't require them to go into the offices and it's unlikely they have the office facilities for everyone to go in...
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This would certainly be amusing. I work for a big tech company and they've adopted mostly WFH practices. Sold off a lot of real estate and shrunk the sizes of the offices so not everyone can be in on the same day. I can imagine if they were bought out and someone did a U-turn on WFH policy. They'd have to spend a fortune on securing new office contracts with enough space for all employees.

I suspect Twitter will be very similar.
 
I'd like to know what his backers are thinking?

Who would tie billions of their money to Musk owning Twitter unless they wanted to lose money or have an ulterior motive for seeing it crash.
 
dLockers said:
:cry: :cry: :cry: :cry: :cry: :cry: :cry: :cry: :cry: :cry: :cry: :cry: :cry:
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Elon paid 44 billion for this company. He said himself it was really important to own it as it's THE town square of the world.

Either Elon is wrong and roar thinks Elon is wrong (highly unlikely as I think the security on OCUK forums is good so no way his account has been hacked), or Elon is right, it is THE town square of the world, so of course, it makes news.

Roar talks as though twitter isn't news worthy, but then Elon just paid 44 billion for this none news worthy service!
 
wesimmo said:
I'd like to know what his backers are thinking?

Who would tie billions of their money to Musk owning Twitter unless they wanted to lose money or have an ulterior motive for seeing it crash.
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Going by his history, you'd be right to assume it'll increase in value for no reason other than Elon has always made his companies increase in value.

If you were stupid and didn't look at why or how, then you'd invest money into his ideas on that reason alone
 
wesimmo said:
I'd like to know what his backers are thinking?

Who would tie billions of their money to Musk owning Twitter unless they wanted to lose money or have an ulterior motive for seeing it crash.
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You don't have to be massively competent to extract money from a certain group of folk.
 
Diddums said:
You're also not the richest man in the world, nor have you just spent £lol on a company through a long-ass drawn out dumpster fire of a deal and ruined thousands of peoples' income right before Christmas so yes, it's news and we like to discuss it.

If that's a problem for you then maybe ask Daddy Musk to get the bullies on the internet to leave you alone.
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I know people from London are generally utterly miserable but try not take it out on strangers on the internet
 
Werewolf said:
Well except that apparently Twitter has been largely work from home for years (before covid), and their employment contracts don't require them to go into the offices and it's unlikely they have the office facilities for everyone to go in...

Same way apparently Twitter employment contracts have unlimited paid time off (that is usually not used much), so if the staff decide to use what their contracts allow Musk is in a bit of trouble, especially as he's got rid of so many of the staff that those who are left are being expected to do stupid hours.

Musk really doesn't seem to understand the idea of contracts, let alone employment contracts and accepted working practices which are things you can't just change with no notice.
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Werewolf based on your posts I'm surprised Elon Musk hasn't hired you to be his advisor, in fact it's curious that he's the richest person in the world and not you. Did it ever occur to you that he's got a team of people working for him and isn't actually making decisions completely arbitrarily? Employment contracts can actually be changed, if Elon wants the company to be successful and run the way he wants it to be run then he may actually just need to hire a lot of new staff and get rid of a lot of old staff who aren't agreeable to working for the company in the way he wants it to be run. Ultimately the companies success is more important than keeping spoiled tech workers happy.
 
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Roar87 said:
Werewolf based on your posts I'm surprised Elon Musk hasn't hired you to be his advisor, in fact it's curious that he's the richest person in the world and not you. Did it ever occur to you that he's got a team of people working for him and isn't actually making decisions completely arbitrarily? Employment contracts can actually be changed, if Elon wants the company to be successful and run the way he wants it to be run the he may actually just need to hire a lot of new staff and get rid of a lot of old staff who aren't agreeable to working for the company in the way he wants it to be run. Ultimately the companies success is more important than keeping spoiled tech workers happy.
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Yes, Twitter was definitely a failed company on the brink of collapse, a very clear indicator that the staff are crap and need sacking.


If you managed to stop simping for him long enough you might discover that you have a brain and better still, you might even figure out how to use it.
 
Werewolf said:
Well except that apparently Twitter has been largely work from home for years (before covid), and their employment contracts don't require them to go into the offices and it's unlikely they have the office facilities for everyone to go in...

Same way apparently Twitter employment contracts have unlimited paid time off (that is usually not used much), so if the staff decide to use what their contracts allow Musk is in a bit of trouble, especially as he's got rid of so many of the staff that those who are left are being expected to do stupid hours.

Musk really doesn't seem to understand the idea of contracts, let alone employment contracts and accepted working practices which are things you can't just change with no notice.
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He likely expects everyone to have similar contracts that he has for his employees at all his other businesses and can't deal with people working in any way other than his way. I can only imagine many are going to be suing Twitter as this goes along.
 
Roar87 said:
Werewolf based on your posts I'm surprised Elon Musk hasn't hired you to be his advisor, in fact it's curious that he's the richest person in the world and not you. Did it ever occur to you that he's got a team of people working for him and isn't actually making decisions completely arbitrarily? Employment contracts can actually be changed, if Elon wants the company to be successful and run the way he wants it to be run then he may actually just need to hire a lot of new staff and get rid of a lot of old staff who aren't agreeable to working for the company in the way he wants it to be run. Ultimately the companies success is more important than keeping spoiled tech workers happy.
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Not to insult werewolf, but I have a theory as to why he has such decent knowledge, and that is because he isn't rich. People that aren't super rich have to work and learn and improve their skills far great than those that are the richest in the world.

Yes, super rich have smart people around them but eventually this can lead to a lot of yes men telling you what you want to hear and those that don't, they are fired. E.g Elon is so confident that he can force twitter staff back to work that he tells them they are fired if they don't. Now the obvious result of that is he ends up with people that just do as they are told and give elon what he wants, regardless of the result being good or not. So this naturally can lead to great massive mistakes as we are seeing today. Everyone around him tells him "push ahead, these ideas are great. The users love you. You have 100 million followers. You're a great success and can't fail" imagine someone comes along and says "Elon this is beyond stupid, we need to not do this, keep everyone in and figure this out, take our time, don't change anything just yet, you're wrong with your ideas they won't work." how long does that person last? 5 seconds or 10 seconds before Elon fires him and hires someone to say the opposite.

Look at putin as a prime example of how being sourounded by yes man can lead you to thinking you're more capable than you really are.

I don't need to speak for werewolf, but that user clearly knows their stuff and offers sound views.

To sarcastically suggest we should dismiss them just because Elon is richer, is a rather foolish mistake on your part.
 
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Diddums said:
Yes, Twitter was definitely a failed company on the brink of collapse, a very clear indicator that the staff are crap and need sacking.


If you managed to stop simping for him long enough you might discover that you have a brain and better still, you might even figure out how to use it.
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It's relative though isn't it? Twitter could be much more successful potentially, given the trends and how popular Tik-tok is then the long term success of Twitter wasn't guaranteed.
 
unwashed potato! said:
Not to insult werewolf, but I have a theory as to why he has such decent knowledge, and that is because he isn't rich. People that aren't super rich have to work and learn and improve their skills far great than those that are the richest in the world. They have people around them and eventually this can lead to a lot of yes men telling you what you want to hear and those that don't, they are fired. E.g Elon is so confident that he can force twitter staff back to work that he tells them they are fired if they don't. Now the reusolt of that is he ends up with people that just do as they are told and give elon what he wants, regardless of the result being good or not. So this naturally can lead to great massive mistakes.

Look at putin as a prime example.

I don't need to speak for werewolf, but that user clearly knows their stuff and offers sound views.

To sarcastically suggest we should dismiss them just because Elon is richer, is a rather foolish mistake on your part.
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I'm not dismissing Werewolf's posts, he's obviously a bright guy and his posts are articulate and well thought out. But they're always consistently deconstructing a decision Elon Musk has made as if he wouldn't have considered what is being pointed out.
 
Roar87 said:
It's relative though isn't it? Twitter could be much more successful potentially, given the trends and how popular Tik-tok is then the long term success of Twitter wasn't guaranteed.
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It is relative. I don't think that buying a company and sacking off half the knowledge-base instantly is the right way to do it but then I'm just a miserable Londoner so what do I know.
 
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