Thread regarding Twitter layoffs

Layoffs May Loom at Elon Musk's Twitter, Analysts Say

One analyst predicts Musk might lay off 20% of Twitter’s workforce, as the company is still not profitable every quarter, and interest rates could rise on the borrowed money he’s using to finance the deal.

https://sfist.com/2022/04/27/layoffs-may-loom-at-elon-musks-twitter-analysts-say-because-after-all-the-company-is-very-unprofitable/

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Post ID: @OP+1gtQ1Tee

3 replies (most recent on top)

Just wait until San Francisco is shut down to move to Texas or Florida. More like 99% employees be gone.

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Post ID: @1jcn+1gtQ1Tee

20%? it will be much higher than that given the history of silicon valley buyouts and going private. There is a ton of dead weight at a company like Twitter, I'd think no less then 25% in the first round (and there will be multiple rounds as more operational problems are discovered by the new mgmt team). The folks receiving pink slips will be shocked, they won't believe its happening to them, they are so important to the company, blah blah blah.

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Post ID: @vxq+1gtQ1Tee

How about unionizing?

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Post ID: @czl+1gtQ1Tee

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