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Well, looks like Elon Musk has destroyed Twitter 08:09 - Nov 18 with 10555 viewsGuthrum

faster than Liz Truss and Kwasi Kwarteng could do with the British economy.

https://www.theguardian.com/technology/2022/nov/17/elon-musk-twitter-closes-offi

Good Lord! Whatever is it?
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Well, looks like Elon Musk has destroyed Twitter on 08:12 - Nov 18 with 4271 viewsDanTheMan

Offering people 3 months severance over Christmas to people who can easily get jobs elsewhere?

Brilliant idea.

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Well, looks like Elon Musk has destroyed Twitter on 08:19 - Nov 18 with 4228 viewsSwansea_Blue

Is he deliberately trying to destroy it/file for bankruptcy to get of of the mess he got himself in? He seems to be acting like he is.

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Well, looks like Elon Musk has destroyed Twitter on 08:21 - Nov 18 with 4226 viewsGuthrum

Well, looks like Elon Musk has destroyed Twitter on 08:12 - Nov 18 by DanTheMan

Offering people 3 months severance over Christmas to people who can easily get jobs elsewhere?

Brilliant idea.


Also assuming that ordinary employees would have the fanatical work-ethic of an entrepreneur (with share options to benefit from profitability and market favour).

Good Lord! Whatever is it?
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Well, looks like Elon Musk has destroyed Twitter on 08:23 - Nov 18 with 4209 viewsGuthrum

Well, looks like Elon Musk has destroyed Twitter on 08:19 - Nov 18 by Swansea_Blue

Is he deliberately trying to destroy it/file for bankruptcy to get of of the mess he got himself in? He seems to be acting like he is.


Or did the former executives legally pressure him into buying a turkey so they could offload their shares and flee with likely generous severance packages? Either way, Musk has made a pigs ear of this.

Good Lord! Whatever is it?
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Well, looks like Elon Musk has destroyed Twitter on 08:31 - Nov 18 with 4166 viewsSwansea_Blue

Well, looks like Elon Musk has destroyed Twitter on 08:23 - Nov 18 by Guthrum

Or did the former executives legally pressure him into buying a turkey so they could offload their shares and flee with likely generous severance packages? Either way, Musk has made a pigs ear of this.


Could be. I’ve read he basically made the offer while drunk and maybe not seriously. And they were aggressive in getting him to stick to it. But that’s about the limit of my knowledge (and the first bit may not be true). Whatever the case, he’s made a right mess indeed. Couldn’t have happened to a nicer bloke.

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Well, looks like Elon Musk has destroyed Twitter on 08:36 - Nov 18 with 4138 viewsBanksterDebtSlave

Nobody is all bad!

"They break our legs and tell us to be grateful when they offer us crutches."
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Well, looks like Elon Musk has destroyed Twitter on 09:55 - Nov 18 with 4003 viewsHong_Kong_Bluey

Well, I don't know. Maybe he has a greater plan he hasn't yet decided to tell anyone about.

Maybe this fool is smarter than us mere mortals.

Maybe the most successful entrepreneur of our times has different ideas to the average Twitterite.

Or maybe he's an idiot who made a multi billion dollar move whilst drunk/stoned and followed through because he put his foot forward first.
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Well, looks like Elon Musk has destroyed Twitter on 12:00 - Nov 18 with 3868 viewsZapers

Well, looks like Elon Musk has destroyed Twitter on 09:55 - Nov 18 by Hong_Kong_Bluey

Well, I don't know. Maybe he has a greater plan he hasn't yet decided to tell anyone about.

Maybe this fool is smarter than us mere mortals.

Maybe the most successful entrepreneur of our times has different ideas to the average Twitterite.

Or maybe he's an idiot who made a multi billion dollar move whilst drunk/stoned and followed through because he put his foot forward first.


Shock and horror! You mean he might be smarter than a bunch of people posting on a football forum;))
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Well, looks like Elon Musk has destroyed Twitter on 12:06 - Nov 18 with 3854 viewsSteve_M

Well, looks like Elon Musk has destroyed Twitter on 12:00 - Nov 18 by Zapers

Shock and horror! You mean he might be smarter than a bunch of people posting on a football forum;))


Well, the evidence of the last month suggests he wouldn't make it past the News Comments on here.

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Well, looks like Elon Musk has destroyed Twitter on 12:21 - Nov 18 with 3808 viewsSpruceMoose

Well, looks like Elon Musk has destroyed Twitter on 12:06 - Nov 18 by Steve_M

Well, the evidence of the last month suggests he wouldn't make it past the News Comments on here.


Too many do.

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Well, looks like Elon Musk has destroyed Twitter on 12:26 - Nov 18 with 3796 viewsDanTheMan

Well, looks like Elon Musk has destroyed Twitter on 08:21 - Nov 18 by Guthrum

Also assuming that ordinary employees would have the fanatical work-ethic of an entrepreneur (with share options to benefit from profitability and market favour).


His work at Twitter seems to be firing everyone who bruises his ego and then tweeting about how wonderful everything is.

Must be hard work being a CEO, especially when you are the CEO of three companies. Must be doing 12 hour days at all of them.

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Well, looks like Elon Musk has destroyed Twitter on 12:34 - Nov 18 with 3739 viewsgiant_stow

Well, looks like Elon Musk has destroyed Twitter on 12:26 - Nov 18 by DanTheMan

His work at Twitter seems to be firing everyone who bruises his ego and then tweeting about how wonderful everything is.

Must be hard work being a CEO, especially when you are the CEO of three companies. Must be doing 12 hour days at all of them.


Yeah, if I were an investor in his space or car businesses, I;d be properly worried about how much time this is all taking from his working day. (Realise that wasn't quite your point).

What's your best guess as how this pans out? Is he even trying to cull costs, cull present Twitter, with an eye on building something else? Is that even possible with a quarter of the staff?

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Well, looks like Elon Musk has destroyed Twitter on 12:36 - Nov 18 with 3735 viewsXYZ

Well, looks like Elon Musk has destroyed Twitter on 08:31 - Nov 18 by Swansea_Blue

Could be. I’ve read he basically made the offer while drunk and maybe not seriously. And they were aggressive in getting him to stick to it. But that’s about the limit of my knowledge (and the first bit may not be true). Whatever the case, he’s made a right mess indeed. Couldn’t have happened to a nicer bloke.


I don't think there's any doubt that he tried to back away from the purchase and was forced to complete through the legal process.

If it's all part of some masterplan then he made the first bit very over-elaborate.
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Well, looks like Elon Musk has destroyed Twitter on 13:08 - Nov 18 with 3662 viewsRyorry

Well, looks like Elon Musk has destroyed Twitter on 12:36 - Nov 18 by XYZ

I don't think there's any doubt that he tried to back away from the purchase and was forced to complete through the legal process.

If it's all part of some masterplan then he made the first bit very over-elaborate.


I still think think there's more than a kernel of truth in the tweet I saw shortly after he took over that his aim is to wreck twitter - motive being that contrary to the opinion of some on here, it's a platform that overall is more hostile to right wing politics than left, and in particular overall is hugely hostile to large global corps, far-right politics, and fascism.

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Well, looks like Elon Musk has destroyed Twitter on 13:12 - Nov 18 with 3656 viewsPlums

Well, looks like Elon Musk has destroyed Twitter on 13:08 - Nov 18 by Ryorry

I still think think there's more than a kernel of truth in the tweet I saw shortly after he took over that his aim is to wreck twitter - motive being that contrary to the opinion of some on here, it's a platform that overall is more hostile to right wing politics than left, and in particular overall is hugely hostile to large global corps, far-right politics, and fascism.


$44bn suggests he has a degree of motivation beyond that of most people's comprehension. If it was true, he could have killed it with enormous bot farms and other tech attacks for a fraction of the cost.

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Well, looks like Elon Musk has destroyed Twitter on 13:15 - Nov 18 with 3641 viewsStochesStotasBlewe

Well, looks like Elon Musk has destroyed Twitter on 09:55 - Nov 18 by Hong_Kong_Bluey

Well, I don't know. Maybe he has a greater plan he hasn't yet decided to tell anyone about.

Maybe this fool is smarter than us mere mortals.

Maybe the most successful entrepreneur of our times has different ideas to the average Twitterite.

Or maybe he's an idiot who made a multi billion dollar move whilst drunk/stoned and followed through because he put his foot forward first.


I really hope he followed through. Embarrassing if no change of underwear.

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Well, looks like Elon Musk has destroyed Twitter on 13:18 - Nov 18 with 3610 viewsElderGrizzly

Well, looks like Elon Musk has destroyed Twitter on 08:31 - Nov 18 by Swansea_Blue

Could be. I’ve read he basically made the offer while drunk and maybe not seriously. And they were aggressive in getting him to stick to it. But that’s about the limit of my knowledge (and the first bit may not be true). Whatever the case, he’s made a right mess indeed. Couldn’t have happened to a nicer bloke.


And the mess at Twitter is tanking the value of Tesla too.

Shame.

Whatever he's doing, he is $44bn down on the Twitter deal and a lot of that was borrowed wasn't it?
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Well, looks like Elon Musk has destroyed Twitter on 13:20 - Nov 18 with 3598 viewsDanTheMan

Well, looks like Elon Musk has destroyed Twitter on 12:34 - Nov 18 by giant_stow

Yeah, if I were an investor in his space or car businesses, I;d be properly worried about how much time this is all taking from his working day. (Realise that wasn't quite your point).

What's your best guess as how this pans out? Is he even trying to cull costs, cull present Twitter, with an eye on building something else? Is that even possible with a quarter of the staff?


Well, he's fired by the looks of things between 70-80% of his employees, a lot of which are engineers. Something that runs across the planet will need fairly constant maintenance and that's going to be immediately hit. I doubt it will be a doomsday scenario but I'd imagine things will start creaking.

The bigger loss in my mind is domain knowledge. You will have lost a staggering amount of domain knowledge experts with little to no handover time. You will have trashed the hierarchy that was in place leaving a lot of projects in complete limbo or just completely abandoned. The reputation will now mean that Twitter will only be able to hire a very select amount of people as most developers will not want to work there.

I don't see how this can pan out in any way other than bad. Because it was a leveraged buy out he's lumbered Twitter with massive interest payments they could not hope to meet. I think it was something like they now have yearly interest payments of over $1billion up from $50mil or something along those lines. Meanwhile advertisers, their biggest revenue stream, are probably looking at this dumpster fire and him posting memes all day and pulling out. Why would you want your company to be associated with this?

As to why he's done this, I have absolutely no clue. Ego? He was high?

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Well, looks like Elon Musk has destroyed Twitter on 13:25 - Nov 18 with 3572 viewsXYZ

Well, looks like Elon Musk has destroyed Twitter on 13:18 - Nov 18 by ElderGrizzly

And the mess at Twitter is tanking the value of Tesla too.

Shame.

Whatever he's doing, he is $44bn down on the Twitter deal and a lot of that was borrowed wasn't it?


Not sure of the precise details, but there are some funnies in there.

I've read that both the owners of Newcastle Utd and Jack Dorsey both rolled their stock over.

There was about $13 billion in borrowings - one presumes that these are secured on Musks other assets (Tesla & Space X stock).
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Well, looks like Elon Musk has destroyed Twitter on 13:43 - Nov 18 with 3525 viewsgiant_stow

Well, looks like Elon Musk has destroyed Twitter on 13:20 - Nov 18 by DanTheMan

Well, he's fired by the looks of things between 70-80% of his employees, a lot of which are engineers. Something that runs across the planet will need fairly constant maintenance and that's going to be immediately hit. I doubt it will be a doomsday scenario but I'd imagine things will start creaking.

The bigger loss in my mind is domain knowledge. You will have lost a staggering amount of domain knowledge experts with little to no handover time. You will have trashed the hierarchy that was in place leaving a lot of projects in complete limbo or just completely abandoned. The reputation will now mean that Twitter will only be able to hire a very select amount of people as most developers will not want to work there.

I don't see how this can pan out in any way other than bad. Because it was a leveraged buy out he's lumbered Twitter with massive interest payments they could not hope to meet. I think it was something like they now have yearly interest payments of over $1billion up from $50mil or something along those lines. Meanwhile advertisers, their biggest revenue stream, are probably looking at this dumpster fire and him posting memes all day and pulling out. Why would you want your company to be associated with this?

As to why he's done this, I have absolutely no clue. Ego? He was high?


Could be some kind of breakdown on his part. Anyway, interesting thoughts - cheers and like you say, who would go work there now, bar the desperate or under-qualified? (I'm preparing my application...)

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Well, looks like Elon Musk has destroyed Twitter on 13:43 - Nov 18 with 3525 viewsJ2BLUE

Well, looks like Elon Musk has destroyed Twitter on 08:21 - Nov 18 by Guthrum

Also assuming that ordinary employees would have the fanatical work-ethic of an entrepreneur (with share options to benefit from profitability and market favour).


This is one myth that needs to be stamped out.

Mush might claim to work 100 hours a week or whatever BS he comes out with his his 'work' is nothing like the work of a standard worker. It really pisses me off to see people in his position pretend it's the same thing. No doubt some of what he does is very taxing but he does not work flat out 100 hours a week I really don't care what he says.

He treats people like sh1t. I would love to see him go bankrupt (yes, I know he won't and SpaceX could go public and he would make a fortune etc etc).

Truly impaired.
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Well, looks like Elon Musk has destroyed Twitter on 13:56 - Nov 18 with 3480 viewsSarge

Well, looks like Elon Musk has destroyed Twitter on 12:00 - Nov 18 by Zapers

Shock and horror! You mean he might be smarter than a bunch of people posting on a football forum;))


He’s rich, he’s not smart.
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Well, looks like Elon Musk has destroyed Twitter on 13:58 - Nov 18 with 3468 viewsThe_Flashing_Smile

Well, looks like Elon Musk has destroyed Twitter on 13:56 - Nov 18 by Sarge

He’s rich, he’s not smart.


He got rich by being smart.

Trust the process. Trust Phil.

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Well, looks like Elon Musk has destroyed Twitter on 14:04 - Nov 18 with 3447 viewsJ2BLUE

Well, looks like Elon Musk has destroyed Twitter on 13:58 - Nov 18 by The_Flashing_Smile

He got rich by being smart.


Did he?

Truly impaired.
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Well, looks like Elon Musk has destroyed Twitter on 14:07 - Nov 18 with 3428 viewsZapers

Well, looks like Elon Musk has destroyed Twitter on 14:04 - Nov 18 by J2BLUE

Did he?


Yes. Don't let your bias cloud your judgement.
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