Rolling Stone Magazine: All Twitter Offices Closed as Hundreds of Employees Resign

[Quixote1818]

This may give a bit more insight as to what is going on from the other post on DU: https://democraticunderground.com/?com=view_post&forum=1002&pid=17384731

Charisma Madarang
Thu, November 17, 2022 at 6:09 PM·2 min read

Twitter offices are shutting down and employees are leaving in droves following an ultimatum from Elon Musk on Wednesday. The CEO asked Twitter employees to either commit to an “extremely hardcore” culture at the company that involves “long hours at high intensity” or leave with severance, the Verge reported. Anyone who did not sign the pledge by 5 p.m. ET Thursday would reportedly receive three months of severance pay, The Washington Post reported.

Hours before the curtain call, hundreds of resignations rolled in, according to the New York Times. And as waves of employees opted for the three months severance pay, Twitter later announced via email that it would close their office buildings and disable employee badge access until Monday.

Before the Thursday deadline, Musk and his advisers held meetings with “critical” Twitter employees in an attempt to dissuade them from leaving, reports say. He also seemed to retreat on his stance on not allowing people to work from home in confusing messages about the company’s remote work policy.

The Twitter exodus follows the growing list of changes that have fallen on the company since Musk’s $44 billion takeover. Earlier this month, Musk fired top executives, slashed off half of the workforce, and fired any remaining staff who dared to bruise his ego on Twitter.

While Musk framed Wednesday’s 36-hour notice to leave or commit to “a breakthrough Twitter 2.0” as a way to give the company a competitive edge, the action is most likely an attempt to cut costs as the possibility of bankruptcy looms closer.

More: https://www.yahoo.com/lifestyle/twitter-offices-closed-hundreds-employees-010903837.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAABayo7XD1iTIQwvLJyyt9vMafQLXe0u3wLrC0z-ba4KTzWC4BE81DFqEkmK4geRd8_XUii2isVaZtnibx5JGf884ud8wH_7NiVDP4JvLMgu1NGF2RTBmxvsi7ub7UOwZhYj4LZ02UPF_iR5u1KE6jkdicjDxI4OUyZ4_NgIWt4oy

[Botany]

1. Could Musk's hubris really sink twitter and ruin his businesses?

That would be really sad. Do I need to put this up?

BTW is twitter a publicly traded stock?

[WhiskeyGrinder]

2. Part of the purchase involved taking the company private.

And for people who found community and lifelines on twitter, it is a little sad.

[leighbythesea2]

24. Yes

Everyone has a preferred platform. That FB is outliving Twitter is something else.

[GP6971]

3. Not anymore.

I think it was delisted last week.

[mike_c]

5. not anymore

Musk bought all the shares and took the company private.

[BlueIdaho]

12. Great news! The only one losing money

Is the asshole who set Twitter on fire.

[littlemissmartypants]

18. True but if it wasn't for that...

It would be extremely gratifying to watch the stock tank.

[mike_c]

50. well, and the geniuses who loaned him money

[exboyfil]

4. Leave Musk with an empty husk

[canetoad]

8. ..alone in the dusk

Inviting disgust.

[BWdem4life]

11. Like an elephant without a tusk.

Ok, my rhyming skills aren't all they could be.

[Chellee]

20. That was rather brusque.

Cut yourself some slack, we're running out of 'usk words.

[canetoad]

22. Don't be

A mollusc..

[leighbythesea2]

25. Soon

He’ll have a new occupation, the subway busk.

[yonder]

40. Soon

he be fusced.

[Hermit-The-Prog]

6. If enough twitter employees exit, they could set up tweet2u (or some such).

[The Unmitigated Gall]

7. Just another billionaire, creating the jobs.

[certainot]

49. yep. trickle down. they know best. the twit thing needs to fall apart and if its dedicated employees

maybe they can regroup as twitex or singsong or something else. let him try to put it back together. it would destroy musk and hopefully send a message to the dumbfuck billionaires. that'a microcosm eg of the economy - the big bucks got no imagination, just greed, and sex on the wrong brain, or right handed masturbation, the major driver the human race dd

[Timewas]

9. T-rumps apprentice

learning how to kill a company and probably doing it faster than the master

[BWdem4life]

10. ...

[LudwigPastorius]

16. _

[jmbar2]

13. Hilarious stories from inside Twitter tonite

Link to tweet

Link to tweet

Link to tweet

[progressoid]

17. Hahahaha!

Gotta wonder how long the site will continue to operate at this rate.

[leighbythesea2]

26. Heard it's on "coast"

So About a week someone said.

[Otto_Harper]

33. Basic engineering wisdom:

That which is unsustainable eventually stops.

[leighbythesea2]

35. Yes

Have worked with programmers and engineers—but am not one. It sounded right.

[localroger]

37. Just get the guy with a honkin' jacked-up pickup truck to knock the gate over /nt

[Demobrat]

42. Sunnyvale ain't Texas.

They all drive Priuses or Teslas.

[ShazzieB]

47. I wonder why all the badges were disabled? 🤔

Was this an act of sabotage? Or was Muskrat stupid enough to do it on purpose and lock his own stupid ass out in the process? I know he's an idiot, but that is an extra special level of idiocy right there!

[LeftInTX]

51. Alex Cohen is a parody account

[WVreaper]

14. Just another stable genius!

[iluvtennis]

15. Wow, just wow. Musk has lost his damn mind. Un-fkn-believable how he is treating ppl. nt

[Bev54]

19. He doesn't know who to trust and is afraid that the employees will sabotage twitter.

Kind of surprised they haven't already, although he is doing a good job of that by himself.

[getagrip_already]

21. You can't make this stuff up.......

Wait until they no longer have admin access to active directory, or worse, their enterprise key management system.


There are some locks that can't be picked once the keys are lost.

[BOSSHOG]

23. Another example

Conservatives do not know how to lead, govern or manage money. Sad for the employees but thanks Elon for showing the world your heart and soul.

[Grins]

27. A take-over for the business books!

A case study for the ages on what not to do.

[Grins]

28. A take-over for the business books!

A case study for the ages on what not to do.

[YoshidaYui]

29. I will stay there ea long as I can

Its a second home for me.

[BlueSpot]

30. But how's the head of lettuce doing?

This is just half of the story.

[ZonkerHarris]

31. Elon Musk is delusionally rich.

[tinrobot]

34. He's actively becoming less rich by the day.

I suspect the delusions will continue.

[markodochartaigh]

44. Less rich by the day...

44 billion here, 44 billion there, pretty soon you are talking about real money.

[ZonkerHarris]

48. and more delusional by the minute

[Crowman2009]

32. It was either quit or work in the hi-tech equivalent to a sweatshop.

[JHB]

54. A sweatshop would be too cushy. Musk was talking galley-slave conditions.

[dlk]

36. Malignant narcissist are self destructive, but wow!

Will there even be a Twitter by Christmas?

[SalamanderSleeps]

38. Christmas without Twitter! Say it aint so!

[dlk]

39. It's not up to me...

[SalamanderSleeps]

43. That Elon sure does know how to throw a party.

The last thing to hit bottom on the Good Ship Twitter might be the anchor.

[jmowreader]

41. I believe the proper term for Musk's handling of Twitter is...

a monkey fucking a football.

In ten years the business schools will publish case studies of how not to run a business, and Musk’s handling of Tesla (wait until the promised release date for the Model 3 before you realize you don’t know how to make them), SpaceX (the correct development method for $200 million rockets is NOT “blow three of them up and sift through the larger chunks) and Twitter (where shall we start?) will be all that’s in it.

[Beartracks]

45. Extremely hardcore culture of long hours at high intensity...

"Gee, no one wants to work anymore!"



============

[groundloop]

46. Once upon a time I did that, made a shit ton of money..... but not worth it.

I was an engineer working as a contractor, we were starting up a GM plant. One month I worked close to 500 hours. Since I was paid by the hour I made a shit ton of money, but in the long rung it wasn't worth it.

[LeftInTX]

52. I leave you with this:

[live love laugh]

53. "What me worry?"

[chriscan64]

55. This is as bad as a casino owner driving the company into bankruptcy.

I have taken over as manager of small departments within small companies a few times. In each case, I let my staff know that the first thing I will change is nothing at all. I wanted to get a sense of what the status quo was and how any changes I made would affect personnel and workflow. I have no idea what it is like to have $44 billion, but from the outside it looks like it comes with a sense of entitlement common sense not included.

[durablend]

56. Conservatives would love nothing more

Than to change the rules and nominate him for president. Don't think they can (yet)

[Smackdown2019]

57. Never been on Twitter!

Good thing to.. nowadays.

Frankly, kinda stupid....