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I dont have any skin in the twitter game (not a user, employee, shareholder, director etc), but it’s interesting to see MR posters telling one of the richest people in the world “you’re taking it over wrong.”

It will be interesting to see how this all shakes out. If this is Elon’s $44B test tube experiment, more power to him.
This is a fundamental problem with the way he have this unquestioning viewpoint on the super wealthy. Wealthy does not mean a person can't do something incorrectly, it doesn't mean they are ethical. It certainly does not mean they are a good person or that they are happy.

Besides, I'm sure Musk has about a dozen people following him around him trying to make sure he doesn't do anything too stupid with all that money he made from all his daddy's Blood Emerald fortune.

It's the same as all those nutty Christian Fundamentalists in the USA around the divinity of money:
Prosperity theology
 
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This is a fundamental problem with the way he have this unquestioning viewpoint on the super wealthy. Wealthy does not mean a person can't do something incorrectly, it doesn't mean they are ethical. It certainly does not mean they are a good person or that they are happy.
All of that is true but it wasn’t my point.
Besides, I'm sure Musk has about a dozen people following him around him trying to make sure he doesn't do anything too stupid with all that money he made from all his daddy's Blood Emerald fortune.
I hope that he has some guidance somewhere.
It's the same as all those nutty Christian Fundamentalists in the USA around the divinity of money:
Prosperity theology
 
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All of that is true but it wasn’t my point.
Well the inverse is true. Just because someone is not wealthy does not mean they can't come up with a better way of doing something than someone who is wealthy.

I just find it hard to believe that Musk would be so irresponsible in his handling of Twitter, unless he had some other motive, even if personal and spiteful or something. But some of the options here head of into the realm of scary from a mental perspective.
 
Well the inverse is true. Just because someone is not wealthy does not mean they can't come up with a better way of doing something than someone who is wealthy.

I just find it hard to believe that Musk would be so irresponsible in his handling of Twitter, unless he had some other motive, even if personal and spiteful or something. But some of the options here head off into the realm of scary from a mental perspective.
Here we have one of the richest people in the world arguably acting irrationally. incompetence or brilliance? It really doesn’t matter if some random person has a “better” way to manage this takeover…they are not the one in charge.
 
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Why care what happens to Twitter? Why care what a billionaire does with his money? So what if Elon drives it in to the ground? It’s his money he can light it all on fire if he wants too.

That’s pretty much my opinion. Elon has the means to buy Twitter just to troll few people on MacRumors. And when he’s done with this experiment and if he loses every dime he’ll still have the means to do it again.

Why are people cheering for Twitter to fail? It is easy. Unfortunately we can’t go there because this topic was inexplicably placed and remains in the wrong forum.
 
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I believe Musk is the sole shareholder, no? With Twitter being a private company now...

After all you’ve written it comes to this?? No, he is not - really. All public shareholders (up to the limit allowable by law) were allowed to roll their shares into Twitter privately. Some shareholders didn’t and own zero part of Twitter. Some in fact did and privately own pieces of Twitter.
 
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I believe Musk is the sole shareholder, no? With Twitter being a private company now...

He got much of the money from outside sources, Oracle (Larry Ellison), Other VC Zombies in Silicon Valley, Saudi Arabia (hope he does not land in Istanbul anytime soon) and others. I do not think there has been a full disclosure yet.
 
Someone please seriously give a real good answer to these questions …. Why care what happens to Twitter? Why care what a billionaire does with his money? Would you be reacting the same if it was Facebook? I mean everyone agrees social media has done more harm than good overall. So what if Elon drives it in to the ground? It’s his money he can light it all on fire if he wants too. How would it really affect you personally if he did? 1000 posts arguing about what? There are more important issues in this world folks.

I care if Twitter goes down because of "Arab Spring", of dissidents having an anon voice in oppressive regimes, of regular people just posting silly and funny stuff to the "commons".

I care about people posting videos of racists hurting people, and the video later being used to apprehend them.

I care about small creators able to get a worldwide audience for their books, movies, comics, and Software due to the worldwide reach of Twitter.

I like to see that people behind a silk curtain in China can keep us up to date.

It really became the main tool that a single person, anon or not, could (and with the help of the viral nature) retweets, go global.

Facebook (which I do not use for other issues), despite being larger, does not have the same impact.

So no, many issues in life are important. And this is one of them, and I am around to help show that this myth of the "smart" billionaire was nothing more than carefully curated public relations and lies.

It's no coincidence that he is publicly flailing at Twitter in a way he did not at his other companies.

At Twitter, he has no "adults" guiding him like a toddling old man to correct results and actions.

At Twitter, there is no distance between his hateful and ignorant views and the 180 characters that go out globally.

All of this is him.


All of this is who he is.

His own ex-wife called him out for his sick, sick lie:

 
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Yes, after what has gone on recently and the way he has conducted himself and the absolutely inhumane and disgusting way he has treated Twitter employees in a completely public manner, he will have difficulty attracting and especially retaining top talent.
This.

Additionally, your summary of how buyouts should happen was dead on the money.
 
“Similar nature” and “exactly the same” are still two wildly different things, though, especially in this case. There are far more ways that they’re different than the same.

Exactly why I wrote "Similar in nature".

One big difference between the two is Elon is actually a successful entrepreneur, and Jobs barely made it out alive from his failing startups.

Fact is, people only praise jobs because Apple became so successful after he took over. If Apple had failed, he would be a total villain in peoples' eyes.

The ends justifies the means in Apple's case for, I would say, most people here. To vilify Musk for his harsh business practices is just amusing.
 
Dear EU officials, HE PUTS ROCKETS INTO SPACE, he does not need to follow your silly rules:

Twitter has disbanded its entire Brussels office, sparking concerns among EU
officials about whether the social media platform will abide by the bloc's
stringent new rules on policing online content.
Julia Mozer and Dario La Nasa, who were in charge of Twitter's digital policy in
Europe, left the company last week, according to five people with knowledge of
the departures.
The executives had led the company's effort to comply with the EU's
disinformation code and the bloc's landmark Digital Services Act, which came
into force last week and sets new rules on how Big Tech should keep users safe
online.



No doubt the EU will be his worst headache before the FTC.
 
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Dear EU officials, HE PUTS ROCKETS INTO SPACE, he does not need to follow your silly rules:





No doubt the EU will be his worst headache before the FTC.
While there might be some good, somewhere buried in the EU digital nanny acts, those nuggets are hard to find, and interesting if twitter curbs operations in the EU.
 
I don’t think he really cares. At the end of the day, top talent just might crawl back to twitter when things settle down. I, obviously do not know what his plans are, but we will see.
It wouldn't be the first time people lined up behind a pied piping demagogue contrary to their self interest.
 
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Not content with ruining the Twitter brand, Enron moves on to ruining Tessla.

Who could ever have predicted this? /s

 
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Not content with ruining the Twitter brand, Enron moves on to ruining Tessla.

Who could ever have predicted this? /s

Betcha Elon doesn’t care.
 
Do you know what the lag time is from an employee being immediately "disappeared" from the company like so many Twitters employees have been and to having a fully contributing replacement??

Take a guess for a role like a infrastructure (DevOps) engineer or an experienced software developer?

For the types of roles working on pretty industry standard things, it's probably about 6 months of lost productivity. For more Twitter-specific processes and tech niches the time just goes up from there.
total BS.....I work in cybersecurity and have been in involved in several MAs and takeovers over the years.
No one is irreplaceable......no one. I have seen network or software engineers replaced...who thought they were indispensable. Not to say there were not very good at what they do...some were very good and very competent.

But sometimes people are not a good fit with new people in charge. Directions changes new people to take orders from....not all people react to change the same way.

Sometimes people are in a professional rut and don't know it until there is a change made upstream. People don't react to change the same way.....
 
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Exactly why I wrote "Similar in nature".
Yes, but the thing that’s “similar in nature” isn’t even unique to the two of them. And, there are far more companies that have gone under with principal employees that were “similar in nature” in the same way, so it’s not even an indicator of failure or success. They are also “similar in nature” in the way that they “wore clothes”, and I’m sure anyone that was “pro-nudity” would see that as a failing, regardless of name.

One big difference between the two is Elon is actually a successful entrepreneur, and Jobs barely made it out alive from his failing startups.
Indeed! Another big difference is Steve Jobs never fired his customer relations and marketing employees all in one go. There’s SO many actual business practices that are different, that even saying they ran companies “similar in nature” is an overstatement.

Fact is, people only praise jobs because Apple became so successful after he took over. If Apple had failed, he would be a total villain in peoples' eyes.
You… you DO know that Steve Jobs was one of the FOUNDERS of Apple, right? He “took over” when the company was incorporated. :) And, led the company to create the successful Apple ][ AND Macintosh computers.

And, are you saying that people don’t praise Elon Musk? And, also, are you saying that there’s no one that sees Steve Jobs as a villain? Because I contend that both those ideas are easily proven false.
 
I made a bullet point list of all the problems which Twitter is facing right now, with this information coming from multiple sources from within Twitter. You called them "assumptions", basically minimised them and expected me to prove it.

So then you make make an even wilder statement that Twitter has "doubled its traffic" since the Musk buyout, it turns our it's sourced from within Twitter and rather than you holding yourself to the same standard, you essentially tell me to disprove your statement. *sign* This is a huge double standard.



Sure, it was meant to be done to "shake things up" but it was done in Musks usual impulsive "react first, think later and clean up the mess" way. And changing the business culture as fast as possible is the worst thing you can do. The frog needs to be cooked slowly.

Just to give some background, I have worked in very large (10 of thousands of hosts), enterprise IT infrastructure environments for 20 years in companies of all sizes. My career followed the technology; first from bare metal servers, through to virtualisation in the late 00s, and finally to the current abstraction layer - "cloud". During this time I also moved into senior Operations Management roles managing numerous DevOps teams managing significant AWS resources which underpin critical SaaS solutions - obviously not at the scale of Twitter, but I understand the enterprise-scale technology and job markets in these areas very well.

I have been involved numerous mergers and acquisitions during my time, participating both as the acquired company and also working in the role to perform post-acquisition integration of people and all physical/digital assets, resources and IP.

Now of course, when a takeover occurs, the entity (company, person) taking over always has a bias towards thinking that the acquired company must be grotesquely over resourced. This is almost always partly true but also part arrogance on the part of the incoming CEO ("Of course no one could run a company as efficiently as me"). This is why redundancies are basically expected regardless of circumstance or outcome.

Here is a structured corporate strategy to drastically reduce a workforce in a similar time frame to Musk without all of the negative outcomes:
  1. For a good part of this process, secrecy is absolutely imperative. Bring in a number of trusted individuals who are highly skilled in business analysis, communication, and however many subject matter experts (SMEs) you need to provide advice and assessment of all the technical niches in the company.
  2. First, perform a financial analysis of what the ideal head count is or budget for employees looks like - this will help you drive the rest of the progress in an organised fashion and will set clear success/failure criteria.
  3. Benchmark every employee's current salary to determine if they are below, at or above industry standard for their role in their particularly geographical location.
  4. The Business Continuity Plan (BCP) should be consulted when trying to reduce the HR foot print of the organisation in the most extreme examples such as what happened to Twitter where you expect entire role categories or departments to be destroyed. This document outlines for every role/function in the company, how long the company can correctly function without a role type (hours, days, weeks, months etc) before major risks or incidents may arise if these roles are reduced below a critical threshold.
  5. Based on the BCP, create a role vs weighted risk matrix to identify the roles and/or departments which can be made redundant whilst creating the least operational risk. Complete this analysis for the entire organisation whilst aiming for your success/failure criteria for savings defined earlier.
  6. You now understand your target HR budget, you know the most critical roles for business continuity, the individual salary benchmarks, and the relatives risks based on roles. You can now begin your cull.
  7. First, An innocuous sounding communication to all employees needs to be crafted by the external experts you bought in but sent out by the trusted internal comms staff, detailing that company profitability is problematic and management is considering all ways in which the company can meet financial requirements (setting soft expectations in the company employees that a cull will occur).
  8. First cull model to implement is Last-in-First-out (LiFO). The newest members of the company have the least organisational experience, will not be fully contributing yet, generally have the least rights under employment law and represent the least risk of them being exposed to sensitive IP. They are also the least likely to have established strong relationships in the company which might negatively impact culture and will appear as "fair" to the longer tenured employees.
  9. Second cull - Get rid of many of the middle managers, except those which previous analysis has determined to be critical. These managers are most likely to promote the agendas and culture of the previous executives, have disproportionately high pay and provide you with the next opportunity;
  10. Using previous performance and peer reviews, promote the highest performing and best paid team leaders to replace these outgoing middle managers. These new managers will have the respect of their teams and you will not need to raise their salary to anywhere near what the previous middle managers were consuming. Then replace all these team leads by promoting the highest performing team members to team leads to replace their upwardly-mobile colleagues.
  11. Next, send out a secondary communication to all employees again crafted by the external experts you bought in but sent out by the trusted internal comms staff, detailing that due company profitability, a number of new staff members and middle managers have been let go. Emphasise all the internal promotions you have made to replace them, from team leads and all the team members who are now newly minted team leads. Hurrah!!
  12. Now, the major cull. Based on performance reviews, cull an many low-mid performing employees from ALL departments in ALL Business Units up to a number still within acceptable BCP thresholds, having your newly promoted team leaders and middle management perform the actual dismissal of those former colleagues they had been carrying as dead weight for ages. This will demonstrate loyalty to the new vision. (except for teams such as HR, PR/comms, recruitment and legal which are critical to this process).
  13. Now you involve your new mid level managers and team leaders in the communications to let their teams know of the difficult decision THEY have had to make by removing all their low performing colleagues from the teams whilst emphasising those left are the absolute best. The team members will respect and trust their former teammates.
  14. Have HR, legal and finance complete all the documentation and severance payments and gag orders etc for all those made redundant.
  15. Once complete, cull finance, legal, HR, PR, admin etc of all but the very highest performers.
  16. DON'T let your new CEO issue ultimatums about all the extra work the staff have to do. This above process has retained all the highest performing employees, who are generally the most engaged. Give them intellectually interesting projects to work on and they will work their own asses off. TELLING them to do this will create the opposite impulse
jamezr:

This optimal method can be completed within a month or two and has ensured the following has occurred (instead of the impulsive, undirected, potentially illegal, PR nightmare it actually was):
  • It has been done in an orderly way, with clearly defined financial goals set.
  • It is done privately and not in the public spotlight.
  • The BCP analyses done has ensured that the organisational risk has been minimised based on the people selected to go (and that the wrong people haven't been fired and embarrassingly rehired PUBLICLY)
  • There has been effective communication and updates to the company from their trusted comms staff, minimising confusion, gaining trust.
  • Middle managers, most likely to be sticklers for previous culture and process are removed. these are also most likely to be the most disliked employees.
  • New leadership has promoted high performing Team Leaders into these middle management roles, who would be very popular and trusted with their previous team members.
  • New leadership has promoted high performing team members to replace these upwardly mobile former Team Leaders.
  • Morale is boosted by the announcement of all these promotions
  • Significant amounts of team members across all business units have been booted by the new middle managers and team leaders, effectively making them accomplices and invested in the new vision
  • Once their usefulness has expired, all low performing ancillary staff are booted from HR, PR, Legal, Admin etc.
It has also been completed in a very discriminatory way, ensuring the best talent is retained.
you keep with the long winded posts but fail to get that not all leadership is the same....not everyone wants to accomplish the same things from change.
Sometimes innovators push back against the industry norms and timelines. Disruptors and people who spur change do not want to use cookie cutter methods.

You can post how YOU would have liked to see things done.....and can disagree with how Musk did them.
But when you buy a company for 44B maybe you can show everyone how it is done.....
 
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Yes, but the thing that’s “similar in nature” isn’t even unique to the two of them. And, there are far more companies that have gone under with principal employees that were “similar in nature” in the same way, so it’s not even an indicator of failure or success. They are also “similar in nature” in the way that they “wore clothes”, and I’m sure anyone that was “pro-nudity” would see that as a failing, regardless of name.


Indeed! Another big difference is Steve Jobs never fired his customer relations and marketing employees all in one go. There’s SO many actual business practices that are different, that even saying they ran companies “similar in nature” is an overstatement.


You… you DO know that Steve Jobs was one of the FOUNDERS of Apple, right? He “took over” when the company was incorporated. :) And, led the company to create the successful Apple ][ AND Macintosh computers.

And, are you saying that people don’t praise Elon Musk? And, also, are you saying that there’s no one that sees Steve Jobs as a villain? Because I contend that both those ideas are easily proven false.
Great response on all points.

Yes, Steve co-founded Apple, and where did he get it the first time around? He was a computer programmer/developer that didn’t know how to run a company. He hired the people that made Apple a success. Then, Lisa and Macintosh were under his tenure and utter failures. After being fired, Apple delved further downward, as did Steve.

When I refer to people praising either man, I do it more in reference to people that frequent this site than the general public as I am sure you can tell by this article alone, most people here vilify Elon.
 
There you go more mis-information, Elon Musk did not invent Tesla, nor started it, named it, etc. Same with Paypal and others. You really come across like a positive mouth piece. And that is what Elon is good at, rewriting history, making people believe it is all him, and follow him along to his next venture/disaster. Granted it worked out very well for him personally so far. The bubble will burst one day as too many are just way overvalued...
Yeah that was bad verbiage on my part. But no one can deny he took it to where it is now. The results speak for themselves.

Then look at some of the best products sold by top companies like Apple.. They did not invent the smartphone. But took it to places no one imagined by adding on to it. Microsoft did not invent windows...they used DOS to run windows on.

The list can go on and on about companies acquiring other companies then taking them to new heights going forward.
 
There is a very real possibility that due to Enron allowing the filth back on Twitter, apple and google may ban the app due to liability.

I believe the Truth Social app took quite a while to get on the Apple App Store? It was not until Truth Social provided proof of a workable moderation system?

Anyone remember?
No clue, never tried Truth Social and wasn't paying that much attention to all the drama... Wasn't the overall end result of Truth Social, Parler, Gab, all the alt communities/social networks basically nothing much?

The interesting thing about above is ... Elon has already publicly stated he's happy to kick both Apple and Google to the curb and build his own phone if that's what it takes... He obviously has 0 problems kicking Apple in the balls whenever he feels like it, I only own one Tesla vehicle and it's pretty old so perhaps this has changed, but CarPlay still doesn't work, because he's blocking Apple on purpose. I'm 100% sure Elon doesn't give a **** about Apple's App Store and Google Play.

Does CarPlay work in any recent Tesla?

Taking it a step further... so now common carriers will be under pressure to block Tesla phone and not allow access via their networks ... except, why does somebody who controls SpaceX and can hit 100mbs to the top of Mt. Everest and already has near-total planetary coverage care? He can kick the carriers to the curb along with Apple and Google, and run his entire personal infrastructure.

Plz pass popcorn. Highly entertained. Will I dump iPhone and Verizon for Tesla and SpaceX? In about 5 seconds if they work. I imagine there's quite a line of people who will do same (and many who won't, that's the beauty of having choices, you can pick your monopoly)!
 
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