Elon Musk told potential investors in his $44 billion Twitter deal that he plans to lay off almost 75% the company's staff, or about 5,500 employees, according to a report.
In a June 16 Q&A with Twitter employees, Musk said there needs to be a “rationalization of headcount,” and said: “Anyone who is a significant contributor should have nothing to worry about.”
Ah yes, because stack ranking your workers is clearly a winning move. Additionally firing 75% of your workforce based on that stack ranking is even more of a winning strategy to get the most out of people you didn’t fire. Collaborative knowledge work really blossoms when you massively increase workload and undermine a sense of job security.
I vividly recall Netflix posting an extremely smug slide deck about how "adequate performance" gets you fired. It was about a decade ago. Worked out great for them, as we can see now.
Ah yes, because stack ranking your workers is clearly a winning move. Additionally firing 75% of your workforce based on that stack ranking is even more of a winning strategy to get the most out of people you didn’t fire. Collaborative knowledge work really blossoms when you massively increase workload and undermine a sense of job security.
Muh epic bacon hardcore software engineering :melon-musk:
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I vividly recall Netflix posting an extremely smug slide deck about how "adequate performance" gets you fired. It was about a decade ago. Worked out great for them, as we can see now.