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Elon to Cut 3,700 Twitter Employees this week


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Posted

But I thought conservatives were all about "keeping jobs in America"?

Posted

Strange how this forum is celebrating this trash of a human being. 

Posted

they have to be in a lot of debt to be this savage

Posted

At this point I’m convinced his goal is to kill Twitter completely 

Posted

America is really a sh*thole if some psycho can just come and make you jobless within one day. Like where are the worker rights? Will these poeple get some notice period or severance at least? :dies:

 

 

Posted
11 hours ago, Stan.killah said:

That's good :clap3: get rid of the dead weight.

 

 

 

Twitter is $20 billion in debt, so getting rid of unnecessary jobs is the first step in turning the company around. I'm 100% sure he will hire better and more efficient staff in the time to come to replace most of those jobs.

You realize Tesla is also 30 billion in debt. Every company in America operates in debt currently.

Posted
2 hours ago, karron0624 said:

You realize Tesla is also 30 billion in debt. Every company in America operates in debt currently.

This is false. Per their quarterly earnings report last month:

 

Total debt: $3.5 billion
Cash on hand: $19.5 billion

Total worth of assets: $74 billion
https://www.benzinga.com/news/22/10/29452766/a-look-into-teslas-debt

He's done amazing over the years in paying down the mountain of debt they had. Not bad for a company that almost went bankrupt :gaycat2:  Expect Twitter to go through a similar path thanks to his effective leadership.

Posted
4 hours ago, Stan.killah said:

This is false. Per their quarterly earnings report last month:

 

Total debt: $3.5 billion
Cash on hand: $19.5 billion

Total worth of assets: $74 billion
https://www.benzinga.com/news/22/10/29452766/a-look-into-teslas-debt

He's done amazing over the years in paying down the mountain of debt they had. Not bad for a company that almost went bankrupt :gaycat2:  Expect Twitter to go through a similar path thanks to his effective leadership.

You are correct that Tesla had 3.5 billion in debt. I was wrong because i havent looked at their statements in a while. However, i think its incorrect to say twitter is 20 billion in debt when the company had 5.5 billion debt on the books, and the other 13.5 billion is from banks lending Musk the money to acquire the company. Even then, the banks will be passing that on to investors in 2023.

Posted

Why this forum has Elon stans:ghostface: 

Posted
22 hours ago, Rev8 said:

Wonder if Twitter will come crashing down :rip:

there were reports that he really f*cked up with this deal, so I dont doubt him killing the site just to save his ass

Why would he try to kill the site? If anything he's trying to turn in a profit 

Posted
8 minutes ago, Severus Snape said:

Why would he try to kill the site? If anything he's trying to turn in a profit 

He is, but u can still drive a lot of users away that way (depending on the strength of the push for profit)

And I didn't mean that he would Purposefully do it

Posted
On 11/3/2022 at 3:29 AM, Sept said:

Not 50% being laid off :deadbanana: But then more surprising fact is Twitter only has 7k employees :eek: 

Only? I was shock it had this many. like its just a social media app.

Posted
4 hours ago, Raptus said:

Only? I was shock it had this many. like its just a social media app.

You realize that it is the global workforce? FB and Google have like 20 times more employees

Posted
23 hours ago, katara said:

America is really a sh*thole if some psycho can just come and make you jobless within one day. Like where are the worker rights? Will these poeple get some notice period or severance at least? :dies:

 

 

Apparently They are not allowed to do that

 

 

 

 

Tbh someone should make a new social media similar to Twitter. He is going to kill Twitter

Posted
39 minutes ago, Chemist said:

Apparently They are not allowed to do that

 

 

 

 

Tbh someone should make a new social media similar to Twitter. He is going to kill Twitter

Good :clap3:

 

And since they got axed coz of restructuring of the company they are eligible for some hefty severances too :clap3:

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