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So "X" - nothing to see here. Elon's in control - Part XXX **Threadbans in OP**

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    #3752
    pixelburp
    Moderators, Category Moderators, Entertainment Moderators Posts: 36,497 CMod ✭✭✭✭pixelburp


    https://www.boards.ie/discussion/comment/119880727#Comment_119880727

    A CEO is not a King or Queen; if they can't deal with some semi-public trash talking by employees they probably shouldn't run a company. They're not owed allegiance of respect by dint of being top of the tree. You think every Amazon employee respects Jeff Bezos? Even the ones peeing in bottles and whatnot?

    I draw the line at trash-talking on a public service, but hunting across internal Slack? That's nonsense, a borderline invasion of "privacy" and all that reads like a bunch of Class Action Lawsuits waiting to happen.



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    #3753
    FunLover18
    Registered Users Posts: 6,793 ✭✭✭FunLover18


    https://www.boards.ie/discussion/comment/119880727#Comment_119880727

    When you buy a company you don't buy the respect of the employees. It's not like he's shown them much, if any respect, he marched in and fired most of the staff and has been consistently undermining their work and making a fool of himself in the process.



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    #3754
    Burty330
    Registered Users Posts: 962 ✭✭✭Burty330


    https://www.boards.ie/discussion/comment/119879404#Comment_119879404

    Advertisers aren't going anywhere when all eyes are on twitter right now. Marketing basics bruh😎



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    #3755
    pixelburp
    Moderators, Category Moderators, Entertainment Moderators Posts: 36,497 CMod ✭✭✭✭pixelburp


    https://www.boards.ie/discussion/comment/119880865#Comment_119880865

    Musk himself said advertising revenue is down as spending has been paused, bruh.

    Elon Musk said Friday that Twitter has seen a “massive drop in revenue,” as a growing number of advertisers pause spending on the platform in the wake of his $44 billion acquisition.

    “Twitter has had a massive drop in revenue, due to activist groups pressuring advertisers, even though nothing has changed with content moderation and we did everything we could to appease the activists,” he said in a tweet. “Extremely messed up! They’re trying to destroy free speech in America.”

    https://edition.cnn.com/2022/11/04/tech/twitter-advertisers/index.html




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    #3756
    Boggles
    Registered Users Posts: 40,138 ✭✭✭✭Boggles


    https://www.boards.ie/discussion/comment/119880727#Comment_119880727
    image.png

    That you at the back?



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    #3757
    Burty330
    Registered Users Posts: 962 ✭✭✭Burty330


    https://www.boards.ie/discussion/comment/119880879#Comment_119880879

    Musk attributed that claim to "pressure from activists". Context matters , bruv. 👍️ Sooner rather than later advertisers will side with the platform over non-profitable activist types . Besides , Im looking at twitter right now and its riddled with ads.



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    #3758
    VinLieger
    Registered Users Posts: 17,998 ✭✭✭✭VinLieger


    https://www.boards.ie/discussion/comment/119880963#Comment_119880963

    But one of those same advertisers publicly called him out for not listening to their concerns and then he blocked them on twitter.....



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    #3759
    Burty330
    Registered Users Posts: 962 ✭✭✭Burty330


    https://www.boards.ie/discussion/comment/119880968#Comment_119880968

    One goes another dozen will take their place.



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    #3760
    ohnonotgmail
    Registered Users Posts: 40,437 ✭✭✭✭ohnonotgmail


    https://www.boards.ie/discussion/comment/119880963#Comment_119880963

    musk says a lot. mostly crap mind.



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    #3761
    pixelburp
    Moderators, Category Moderators, Entertainment Moderators Posts: 36,497 CMod ✭✭✭✭pixelburp


    https://www.boards.ie/discussion/comment/119880963#Comment_119880963

    As recent events have shown, Musk says a lot of things, and crying about "activists" putting pressure on Advertisers is trying to blame something of his own making.

    Advertisers will return if there's profit to be made from Twitter - right now, they are pausing their spend while the platform shows itself as a potentially unreliable landscape for marketing. It's as simple as that; I'm sure it's still "riddled" but (say) a dozen low-spend companies wouldn't be as valuable as 1 or 2 global brands. And if what you originally said held true then those major brands wouldn't be taking stock, loving the eyeballs on the demonstrable chaos.

    "There's no such thing as bad publicity" isn't universally true.



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    #3762
    ohnonotgmail
    Registered Users Posts: 40,437 ✭✭✭✭ohnonotgmail


    https://www.boards.ie/discussion/comment/119880963#Comment_119880963

    Twitter ad pricing is set using auctions. If major advertisers have paused advertising on twitter then those auctions will end up at a lower price. Musk has already confirmed that ad revenue is down.



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    #3763
    Burty330
    Registered Users Posts: 962 ✭✭✭Burty330


    https://www.boards.ie/discussion/comment/119881031#Comment_119881031

    It should be well known by now that Musk is not the full shilling. But that is besides the point. How many , if any , global brands pulled spend from the world cup in Qatar? How many have explicitly said they don't support human rights violations. Electric car man bad , though?

    Business will contunite on Twitter as usual. These brands don't care as much as you think they do.



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    #3764
    VinLieger
    Registered Users Posts: 17,998 ✭✭✭✭VinLieger


    https://www.boards.ie/discussion/comment/119880976#Comment_119880976

    This was a meeting with many major advertisers, you don't understand how any of this works do you?

    https://twitter.com/LouPas/status/1588599808587345921
    https://twitter.com/LouPas/status/1588600619904163842
    https://twitter.com/LouPas/status/1588601547902324738

    And then

    https://twitter.com/LouPas/status/1588622182066057216




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    #3765
    pixelburp
    Moderators, Category Moderators, Entertainment Moderators Posts: 36,497 CMod ✭✭✭✭pixelburp


    https://www.boards.ie/discussion/comment/119881079#Comment_119881079

    Whatbout Qater? This isn't about the World Cup and brand collaboration so park the stupid nicknaming. Twitter, for better or worse (it's worse) is probably the preeminent media platform on the planet and its new owner seems to be operating with a degree of operational chaos and technical ignorance that brands have "paused" their spend - the articles' own semantics have made it clear this is not a Forever Action. Advertising Revenue is down, and given that was probably the one place Twitter made any money, that's kinda Big News and wouldn't take many weeks of pause before Twitter's financial situation got worse. Hence the Blue-Tick subs as a desperate attempt to make income independent of advertisers - which have also proven to be a hot mess, only exacerbating the already ludicrous scenario.

    And frankly, "Electric car man bad" is by Musk's own making. He chose to live his business and personal life in the public eye - this is the end result. His life becomes examined more than other billionaires when he makes big announcements about (say) turning off MicroServices on Twitter cos he's an IT dinosaur. Nobody's taking about Jeff Bezos for a reason. Say what you will about him he keeps his head down, his actions sober.

    And I see VanLieger already has demonstrated advertisers' own points of view. When Twitter's value is eroded by mercurial action - this is the result.

    https://www.boards.ie/discussion/comment/119881154#Comment_119881154




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    #3766
    ohnonotgmail
    Registered Users Posts: 40,437 ✭✭✭✭ohnonotgmail


    https://www.boards.ie/discussion/comment/119881154#Comment_119881154

    what is worse is that the guy he blocked once served on the advisory council for Twitter. Musk is a clown. He is a kid that sticks his fingers in his ears and goes "la la la I cant hear you"



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    #3767
    VinLieger
    Registered Users Posts: 17,998 ✭✭✭✭VinLieger


    https://www.boards.ie/discussion/comment/119881568#Comment_119881568

    LOL I love how he claims what I posted is "demonstrably false" meaning it should be easy to show why its false with logic and evidence and yet still doesnt...... He doesnt even know the meanings of the words hes using, he just thinks it sounds smart.



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    #3768
    pixelburp
    Moderators, Category Moderators, Entertainment Moderators Posts: 36,497 CMod ✭✭✭✭pixelburp


    https://www.boards.ie/discussion/comment/119881617#Comment_119881617

    This is why I dropped out of this thread the last time: cos invariably you get these occasional users who at the first sign of pushback or debate, start bullshítting about liberal tears, jealousy - or acting like we're all wailing into our keyboards over Billy Big Balls Musk. It's fúcking tedious segues and nonsense. Why can't people talk like grown-ups?



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    #3769
    Burty330
    Registered Users Posts: 962 ✭✭✭Burty330


    https://www.boards.ie/discussion/comment/119881568#Comment_119881568

    What , that Musk should be more like Bezos and keep his trap shut to make you happy? You hate the man , I get. Just unload your personal baggage about the man on your own dime . k ? There's a bigger picture at play here other than personal fee fees and that ad Musks ad revenue. Are advertisers leaving in their droves like somebody claimed? I don't think so. Pushing pause? Yeah , but really doesn't mean anything. 👍️



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    #3770
    steddyeddy
    Registered Users Posts: 27,564 ✭✭✭✭steddyeddy


    https://www.boards.ie/discussion/comment/119880727#Comment_119880727

    You don't command respect by crying like a child when criticized.



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    #3771
    ohnonotgmail
    Registered Users Posts: 40,437 ✭✭✭✭ohnonotgmail


    https://www.boards.ie/discussion/comment/119881636#Comment_119881636

    eh, it means a loss of revenue when Twitter now has debt repayments to make that they didnt have before musk took over.



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    #3772
    steddyeddy
    Registered Users Posts: 27,564 ✭✭✭✭steddyeddy


    There's a type of false logic called emotional reasoning. I feel it is being displayed here when it comes to Musk. The defense of Musk boils down to "I like him so everything he does is great".



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    #3773
    Quin_Dub
    Moderators, Politics Moderators, Social & Fun Moderators Posts: 15,483 Mod ✭✭✭✭Quin_Dub


    https://www.boards.ie/discussion/comment/119881703#Comment_119881703

    Twitter was losing money before Musk took over - They lost about 220M in 2021 , in fact they have only made money twice in the last 10 years (2018 & 2019).

    So before Musk took over they were losing about $4M/week in 2021 (220/52)

    Now though after his takeover, according to the man himself they are losing $4M a DAY, which is a run-rate of ~$1.5B annually.

    Almost all of that increase can be attributed to the fact that Musk has stuck the interest repayments for his takeover on to the Twitter balance sheet meaning they have about $1.2B in annual repayments to be added on top of the $220M plus that the company was already losing.

    Given that annual revenue has been around $5B in recent times , having to spend 25%+ of revenue on debt management just isn't sustainable.

    And again , the man himself has said that advertising revenue has collapsed , ad revenue which accounts for 80%+ of income.

    Twitter is f*cked.



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    #3774
    Cordell
    Registered Users Posts: 5,967 ✭✭✭Cordell


    https://www.boards.ie/discussion/comment/119881686#Comment_119881686

    It's not about commanding respect, and it's not about him either. It's about the employee who works in a company while having no respect or even despising the CEO - this is an unhealthy situation which needs to be resolved asap, and Musk provided a quick solution.

    And as a small rant, my linkedin is overrun with stories from laid-off "tweeps", "metamates" and now "amazonians" and their stories about their workplace friends and families. Folks, a family doesn't kick out members when money gets tight, these are not families and your co-workers are not your friends. Somehow a lot of tech industry forgot to be professional.



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    #3775
    VinLieger
    Registered Users Posts: 17,998 ✭✭✭✭VinLieger


    https://www.boards.ie/discussion/comment/119881843#Comment_119881843

    Also lets not forget he claimed he wanted 50% of revenue to be from subscriptions, at 8 dollars a month for a subscription that amounts to twitter needing 26 million annual subscriptions.....



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    #3776
    ohnonotgmail
    Registered Users Posts: 40,437 ✭✭✭✭ohnonotgmail


    https://www.boards.ie/discussion/comment/119881854#Comment_119881854

    would that be the CEO who just sacked half the workforce and was publicly making a show of himself? yeah, a lot there to respect.



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    #3777
    Cordell
    Registered Users Posts: 5,967 ✭✭✭Cordell


    No one said they must respect him, just that it is a prerequisite of working for him. They can disrespect and despise him, but doing it so while being paid by him is hypocrisy (to say the least). Which goes back to my previous post about tech workers who forgot how to be professional and keep their personal opinions out of their working place.



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    #3778
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    His latest genius move is to offer three months severance to the remaining staff if they don't sign up to working "long hours at high intensity" and being "extremely hard core" by COB Thursday.

    Twitter 2.0

    The world's oldest start-up seems to be the plan now.



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    #3779
    Quin_Dub
    Moderators, Politics Moderators, Social & Fun Moderators Posts: 15,483 Mod ✭✭✭✭Quin_Dub


    https://www.boards.ie/discussion/comment/119881854#Comment_119881854

    There's an element of "the beatings will continue until moral improves" about the way Musk is going about his activities in Twitter.

    He has come in and crapped all over every single employee either by firing them or telling those that remain that everything they've been doing for the last however long is crap.

    Him then acting all surprised and upset that the staff don't like him and that some of them are saying it out loud shows a genuine lack of understanding of basic people management and leadership.

    Clearly he has a plan of some kind and hard decisions are having to me made to get to the end-state he has in mind , but he appears to be making absolutely zero effort in trying to sell that vision to the staff so that they buy into it and get stuck in to the work to make it happen.

    The result is that he will have a work-force that don't give a damn and are merely marking time until they can leave for another job elsewhere - That's not sustainable.

    BTW - Totally agree with you about the "Corporate culture" guff that US Tech Companies waffle on about . They are employees working to make the owners more wealthy than they already are and hopefully getting a decent paycheck to do so , but they aren't "families" nor are they "working to make the world a better place" or whatever other bullsh!t "Vision statement" the marketing department have come up with.



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    #3780
    VinLieger
    Registered Users Posts: 17,998 ✭✭✭✭VinLieger


    https://www.boards.ie/discussion/comment/119881938#Comment_119881938

    Giving out about people who take his money while working for him would be hypocrisy, criticising him and despising him while working for him is nothing close to hypocrisy, I personally wouldn't do it but criticisng people who do is pretty fvcking arrogant. Also surrounding yourself by fawning yes men which you seem to be advocating for is a recipe for disaster.

    I know many people who dont respect their employer, simply being an employer, manager, ceo etc doesnt immediately confer the respect of employees, it has to be earned through actions and words, he has yet to come close to doing that at twitter.



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    #3781
    Quin_Dub
    Moderators, Politics Moderators, Social & Fun Moderators Posts: 15,483 Mod ✭✭✭✭Quin_Dub


    https://www.boards.ie/discussion/comment/119881946#Comment_119881946

    I'd say quite a few will take the money and run.

    Given all that we are hearing, who in their right mind would choose to work there now.

    I mean some might stay because they think that they don't have alternatives , but who is going to be interesting in joining the company now?

    I mean stuff like "extremely hard core" is a raging Red flag - That just says "We'll treat you like crap and you can either like it or f*ck off"

    He'd made it the poster child for "Toxic work environment".



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