RIP Twitter

[hog88]

Fire half the employees and then take away the free lunch from those that survived and see how many "boss of the year" votes you get.

It's one thing to start a company and create a culture. It's another thing to inheret one and completely nuke it, especially when it was viewed positively by the employees.

Wasn't twitter losing money?

 

[VolStrom]

Wasn't twitter losing money?

Only $4M a day, but he's a billionaire, he can afford it.

 

[hog88]

Only $4M a day, but he's a billionaire, he can afford it.

I meant prior to Musk buying it.

 

[evillawyer]

Wasn't twitter losing money?

No. It was profitable 4/5 quarters preceding Musk's appearance

 

[n_huffhines]

 

[hog88]

No. It was profitable 4/5 quarters preceding Musk's appearance

Twitter has only been profitable twice since they went public (2018 and 2019), that's twice in 9 years so the "culture" needed to be nuked.

 

[n_huffhines]

Twitter has only been profitable twice since they went public (2018 and 2019), that's twice in 9 years so the "culture" needed to be nuked.

I'm not saying they didn't need to scale back and get rid of some bloat, but showing accounting profit for 2 out of 9 years doesn't mean anything for a company like this.

 

[CagleMtnVol]

Told you guys months ago this was gonna be a sh*tshow.

Just like you told us Tucker Carlson was hours away from being fired. How many years & day after day of #1 ratings ago was that?

 

[evillawyer]

Twitter has only been profitable twice since they went public (2018 and 2019), that's twice in 9 years so the "culture" needed to be nuked.

Twitter was in the black for 4/5 quarters preceding stinky boy's appearance. It could service its debt. Was Twitter a world-beater or Wall Street darling? No. Far from it. But it sure as hell wasn't the dumpster fire Musk has turned it into.

 

[hog88]

Twitter was in the black for 4/5 quarters preceding stinky boy's appearance. It could service its debt. Was Twitter a world-beater or Wall Street darling? No. Far from it. But it sure as hell wasn't the dumpster fire Musk has turned it into.

2021 they lost $493 mil
Q1 2022 lost $128 mil
Q2 2022 lost $344 mil

Twitter had problems.

 

[RockyTop85]

View attachment 514379

This one cracked me up. Dude had to know that was coming.

 

[n_huffhines]

Twitter was in the black for 4/5 quarters preceding stinky boy's appearance. It could service its debt. Was Twitter a world-beater or Wall Street darling? No. Far from it. But it sure as hell wasn't the dumpster fire Musk has turned it into.

Twitter is facing a different business model now. Before going public, the objective was to go public. Once they went public, the objective was keep shareholders happy, and there were a million ways to do that. Now there is one shareholder, and profitability is the objective.

This was going to be ugly no matter what.

 

[0nelilreb]

Who in the hell is buying / supplying you people with free meals at work ?

 

[n_huffhines]

 

[n_huffhines]

 

[Velo Vol]

 

[zeppelin128]

2021 they lost $493 mil
Q1 2022 lost $128 mil
Q2 2022 lost $344 mil

Twitter had problems.

Bird app has always been a cesspool. Nothing will change.

 

[evillawyer]

 

[0nelilreb]

Well , did they violate their terms of employment?

 

[CagleMtnVol]

You mean like 99.9% of all businesses if you bad mouth or disparage the boss your going to get fired.

 

[CagleMtnVol]

Does Joe know that NASA is still doing business with Elon?

 

[TheDeeble]

You have to be a dumbass to talk crap about the boss on the company product.

 

[W.TN.Orange Blood]

 

[Fun coupon VOL]

 

[RikidyBones]

Yeah. And?