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Merged Musk buys Twitter!/ Elon Musk puts Twitter deal on hold....

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Warp12 said:
I doubt he suddenly changed his expectations and management style with this acquisition.
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Well then he is being an idiot. The problem he should have worked out is that he is not working with a staff and a customer base who was already sold on his vision, but one that he bought.

His fork in the road email seemed to be particularly stupid given that he had no idea who would take up the severance package and who would be left and what skill sets they would have.

What are your predictions here? He succeeds? Proves he was right! He fails? Proves he intended to fail?

Personally I am amazed at how bad he is at this.
 
Warp12 said:
I'm just going to say, it seems to work for him. He is among the wealthiest men in the world, if not the wealthiest. SpaceX and Tesla to his credit.

We are sitting here at the ISF, which has about 50 active posting members, from what I can tell.

Let that sink in, while we levy our criticisms.
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Most of Musk's wealth is on paper only. If the market cap of Tesla was anything like the market cap of similar sized car manufacturers, Musk probably wouldn't be in the top ten of billionaires.

I find the ISF a much happier and more enlightened place than Twitter. There are different ways of measuring success.
 
jeremyp said:
8.30pm? No I don't think it will be this week.
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Since my joke was disappointingly ninja'd two pages ago, let's double down.

Here's the BBC take on the result of the Twitter servitude pledge.

https://www.bbc.co.uk/news/business-63672307

I bring it up because of this bit:

In response to a question about concerns that Twitter was on the brink of shutting down after the message about Twitter's offices being closed was sent Mr Musk tweeted:

"The best people are staying, so I'm not super worried".
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Is that what he really thinks? That the best people were going to sign his pledge and the worst people were not? How can a man be so out of touch with reality?

Also managed to screen grab this Tweet before he deleted it. I was correct when I said earlier that the number of users was spiking. Please ignore the fact that Elon's graph doesn't go down to zero on the y axis (or even 242 million).
 

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The Don said:
I wonder why ?

- Incompetence (they've misplaced the door codes)
- To teach the employees a lesson
- To try or avoid unhappy employees committing sabotage
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Considering Elon wants everybody in the office for at least 40 hours a week, he sure is locking them out a lot.

Anyway, to answer your question, it's the last one. A lot of people declined Musk's "let me **** you up the arse in perpetuity" pledge and so it's reasonable to assume a proportion of them would like to sabotage Twitter in some way, since they've got to leave. If he had any sense, he'd also revoke remote access until they've worked out who needs to be kicked.
 
The Don said:
I wonder why ?

- Incompetence (they've misplaced the door codes)
- To teach the employees a lesson
- To try or avoid unhappy employees committing sabotage
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Assertion of control combined with having to process the latest round of resignations.
More Muskian idiocy.
 
Rolfe said:
That's been said a few times, in various forms. Seems quite obvious now.
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Can even he afford to do that? He might like the notoriety but as well as the direct impact on Tesla's share price, he's going to reduce the value of any company where he's on the board, let alone has a controlling share.
 
Warp12 said:
I'm just going to say, it seems to work for him. He is among the wealthiest men in the world, if not the wealthiest. SpaceX and Tesla to his credit.

We are sitting here at the ISF, which has about 50 active posting members, from what I can tell.

Let that sink in, while we levy our criticisms.
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First time he’s bought such a company, plus we know this isn’t what he did at the two companies you mentioned.

This is pure management by panicking with someone no one can say “no” to in charge.

Any sensible takeover would have been in planning since they made their offer. They would be reviewing the entire business. Then when they took over they would be working out who was key and to what, what the critical paths are and so on, then you start making your changes. Everything points to the day he walked in was the first day he’d started thinking about making changes.

His way of cutting the workforce so far means he isn’t in control of who goes, he can’t ensure the key people remain, he isn’t rebuilding a core team of the key folk and he is ensuring there is no loyalty to the company or to him.

There is no way of looking at his actions which don’t conclude with the judgement that he is incompetent at running Twitter. He may well be a genius, he may well run the best two companies in their fields, he may well be a perfect CEO for those companies, however it is obvious that whatever skills he does have, whatever genius he has they do not transfer to being able to run Twitter competently.
 
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tyr_13 said:
'You won't let me exploit you so you must be weak' is exactly the spin I was expecting.

I'm sure Elon is saying the same thing, crying into that sink. Yeah, they just can't 'handle' the work, days the people not used to working with peers who don't just roll over. It is the weakness of brittle narcissists.
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The simple fact of the matter is that anybody who expects others to work 70+ hours a week seven days a week indefinitely has never worked a day in their lives themselves. Musk has never had to endure the hardship he's demanding from his employees.
 
Gulliver Foyle said:
The simple fact of the matter is that anybody who expects others to work 70+ hours a week seven days a week indefinitely has never worked a day in their lives themselves. Musk has never had to endure the hardship he's demanding from his employees.
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And any manager who thinks that’s how you get the best productivity from your staff is an idiot.
 
jimbob said:
Can even he afford to do that? He might like the notoriety but as well as the direct impact on Tesla's share price, he's going to reduce the value of any company where he's on the board, let alone has a controlling share.
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I really meant that the joke was obvious, not that that was what he meant by the stunt.
 
Twitter still seems to be working normally for me, but people are leaving goodbye notes all over the place and the former Twitter boss apparently said in a radio interview this morning that with 90% of the staff now gone the platform might close on Monday.
 
Darat said:
And any manager who thinks that’s how you get the best productivity from your staff is an idiot.
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You'll get more productivity off a person working 30 hours a week consistently than one working 70 hours a week. One can only productively put in those kinds of hours for very short periods.
 
Gulliver Foyle said:
You'll get more productivity off a person working 30 hours a week consistently than one working 70 hours a week. One can only productively put in those kinds of hours for very short periods.
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Only according to European slackers and communists. :rolleyes:

In the US of A, the greatest nation in the history of the world, employees achieve astonishing levels of productivity working exceptionally long hours for months and years at a time motivated solely by fear job insecurity their commitment to free market capitalism.
 
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