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

Not enough people use twitter for it to make money. It should have brought in a subscription for news sites etc years ago.

This is the hilarious insane part, having some friends who are that level, not with Twitter but other companies.

They don't apply for jobs, or even get interviewed, they get courted and head hunted dozens of a times a year.

They effectively interview the suitors and set their terms.

Also the idea that they will agree to some sort of 9-5 and are constantly whipped and degraded by some cockwomble is hilariously naïve.

His massive fragile ego has completely over taken the logically part of his brain.

And the stupidity continues 🤣

This exactly. Many of my friends are developers, simply 'cos one of my initial friends is - I am not. However, I am in a position where I have hired and it has been difficult. And yes, the closest a GOOD developer would do to seeking a job is simply getting it out there "I'm open to offers". There are quite a few developers out there. It's not like it's a small field but most of the recruitment/recommendations is via word-of-mouth. "Oh I worked with them in XYZ. Give them what they want". A good developer usually doesn't stay at a place very long either. Sure, money is a factor, but doing interesting work is actually higher on their list of priorities. So they'll come in, work on a few improvement/transformation projects, get bored after 3 years or so and move on.

Who in their right mind would work at Twitter if they had other options? A Social Media platform needs absolute tip-top developers. They need to build and maintain a robust environment while also not stagnating. They NEED a stable developer core but why would they? Sure, there are tech layoff at the moment but these people could literally literally finish a job on Friday and start another on Monday if they wished. Usually for more money and better conditions/perks.

I think I heard somewhere (Maybe here) that there were thoughts that he bought it as almost a tax write-off. At the time, I thought this was a bit far-fetched (I am NOT a conspiracy theorist). But right now it's had not to see this as anything other than an intentional dismantling. He is smart enough to know the impact of these policy changes. It is very strange.

I think a lot of people misunderstand the idea of it being a private company. While it is it owes substantial money (12 billion) to the banks. How soon the banks can get in to take control am not sure.

I imagine on borrowing's line that it will have earning and turnover targets definably quarterly maybe monthly.

Payments of interest on that loan would be 50-60 million a month. Over the last few weeks he has added another 70-100 million that has to be found in the first quarter to fund redundancies.

Unless he is willing to put hundreds of millions into Twitter o er the next couple of months the banks will foreclose.

Finally if the site starts going down more advertisers will pull out. He is now in a death spiral where Twitter is concerned. It's not if it's when control is taken from him.

Well it kind of isn't sarcasm, sorry its terrible that so many people have lost jobs, but if a company isn't doing well and then someone else is taking over then they are entitled to do what he is doing in order to save the company.

Ok, Elon is doing it Elon's way with a little troll here and there, in some instances it is funny and in some it is warranted, but the man has a serious level of fcuk off money, so he's in some way entitled to say fcuk off

I think that's a joke. Alex Cohen's bio says:

And this:

So I suppose was the downfall of twitter was inevitable given how much money it was losing.

Musk just speeded things up quite dramatically.

Well we were constantly told after the acquisition that Musk wouldn't be where he is if he wasn't a genius businessman and that he is so much smarter than all of us, so obviously he was going to make Twitter a huge success and we just couldn't see how brilliant his genius plan was.

So either those people were wrong, or they and Musk will all try to save face and claim this was Musk's plan all along because Twitter bad and lefties bad and lefties liked Twitter, so Musk spaffing $44bn up the wall and greatly damaging his personal reputation to own the libs and drink lefty tears was a sacrifice God-Musk was willing to make.

Trolling Musk...

https://twitter.com/JoshuaPHilll/status/1593432939127361542?s=20&t=FMfwMsUR5WCgdvBMiR0UYg