Entire tweet...
Update: company sources tell me that yesterday Twitter eliminated ~4,400 of its ~5,500 contract employees, with cuts expected to have significant impact to content moderation and the core infrastructure services that keep the site up and running.
People inside are stunned.
how long until twitter is going to have an outage that lasts for days
is there a place taking bets
When Reddit and Twitter were getting off the ground, outages were routine. It took nearly a decade to get them year-round reliable.
Now Musk is tossing that out the window? Bold move.
World Cup is usually the highest traffic event for Twitter and it’s coming up soon…
Kalshi is a website for betting on world events. They might have it.
I can see it happening. Not as in like a "Twitter will cease to be on the internet" way, but more in a "droves upon droves will quit Twitter, rendering it obsolete, while we keep trucking along."
Facebo... Meta is in the shitter as well. Soon, Hexbear will rule the ruins.
Sigma genius mindset, buying a site for 44 billion and destroying it for nothing.
if every 100 employees fired saves a billion dollars, then hes basically broken even in a single stroke! :galaxy-brain:
Let's see how many Jenga blocks you can remove from one of the world's largest websites before something happens. I'm here for it.
:antelope-popcorn:
This feels like a bean counter strategy, "cutting costs" by stripping staff down to the essentials, keeping revenues on life support as the thing slowly dies.
At the same time, Musk is a dum-dum, not a bean counter, so at minimum it's clear that he has no idea how to keep revenues up nor what the staff were even doing, so which ones could even be dropped without killing the core product never entered the equation
Fuckin lol
What is he even trying to do?
Like what... Why would he think that eliminating thousands and thousands of staff would be a good idea?
What is going on in his brain?
Needs to squeeze out extra profit to pay off the interest on the loan. If he defaults on that, he could lose all of Twitter to some of the most repugnant banks in existence (which is a lateral move)
What is going on in his brain?
Vectors? If so - related - https://hexbear.net/post/233736
