xqc twitter
Twitter Employees Shocked Getting Fired After Not Workingpurchase Twitter for 44 billion dollars,he
Updated on Jan 12,2023
Twitter Employees Shocked Getting Fired After Not Working
purchase Twitter for 44 billion dollars,he inherited a company that had not,turned a profit for eight of the past 10,years they were having trouble,attracting new users they're having,trouble,the revenue,now that it's a private company but,analysts have been able to piece,together an assessment from the,company's last regulations and musk's,public statements,s p data showed that Twitter had less,than 600 million dollars in net debt,before the Takeover talks now post,acquisition they have 13 billion dollars,in debt and that's a major burden on,their shoulders,the company last year generated just,over 630 million dollars in operating,cash flow while this new debt could,potentially swell its interest payments,to more than one billion dollars a year,that's a lot of money that they have to,pay down with cash and where are they,going to find that cash just one week,after taking over the company,suffered a massive massive drop in,Revenue and was losing over four million,dollars a day the journal has reported,that a number of big advertisers,analysts have pointed to this you know,being a significant decline in Revenue,as major companies leave over concerns,over what's the the future of the,business model what's the vision under,musk to make ends meet musk has moved,quickly to slash cost chat including,country company staff by half chat chat,why is everybody plugging watching,filings showed Twitter had 5 500,full-time employees at the end of 2020,and 7500 a year later based on the,company's most recently disclosed median,pay figure the layoffs of about 3 700,people could save Twitter roughly 860,million dollars,15 of Twitter's 5.57 billion dollars in,costs and expenses last year analysts,have noted that this could do more harm,than good because some of the companies,engineers and developers and marketers,are heading out the door the billionaire,owner has also been trying to add,subscription Revenue with the Twitter,blue service,users a blue verified check mark if they,pay 7.99 a month it's unclear whether,there's enough demand for that people,living jobs subscription revenue is,potentially a new outlet I generally,think with every with big emerging tech,companies there's going to be a lot of,bad weeds in your uh Workforce because,of uh just just how it is this is my own,opinion okay and and there's a lot of,survivorship bias result based analysis,and you think that everybody's good at,their job because the company successful,overall right but I think it's very,important in these in these times to,make a layoffs for people that aren't,actually good and it's okay to to,downgrade and and start from another,Point Break It Down restart that was it,older people are losing jobs okay that's,that's the real world people get hired,for a job maybe they're giving me,they're not after some after long it,loves a lot of analysis they get fired,they get another job on to you,what what do people feel like people are,entitled first of their entire life,regardless of their performances,a new opportunity to make up for the,revenue that's been lost amid the recent,Advertiser accidents in an all hands,meeting with Twitter staff on November,10th musk warned that bankruptcy is a,possibility for the company analysts and,academics it's a competitive world of,capitalism okay you get paid for a,service you get paid for something not,good at it you might get you might you,might get lit off and you might run out,of a job it happens okay people say oh,I'm loyal to my company no you are not,you're lying you shouldn't be,loyal and you're not and they're not,loyal to you either okay do you do you,really think that if the company is,having problems paying their bills and,they're like yo dude what I mean really,we're having some troubles right now man,are you loyal I really think a half half,your uh half your salary and continue,working for us realities you know what,we're gonna say no no,because you know what you're worth it,and you know what happens when they have,to cut costs right you know what we're,gonna do they're gonna fire you that's,it you want to service done you can do,that service you're done,it that's just how it works,there's no loyalty in business that's it,stop being a loyalty stop being loyal to,companies and employers they don't give,a about you don't give a about,them either boom these Financial,challenges continue to mount there could,be other options he could raise Equity,uh he could buy back debt from lenders,potentially at a very deep discount in,the event that the company does going to,Banks the more loyal you are to,companies and businesses the more of a,liability you are to yourself this,is not musk's preferred option,and that likely means that those funds,will be entirely wiped out,um what direction hello Felix try making,your own World Cup bracket predictions,healing Pac-Man,Monday in the life of Twitter employee,welcome to a day in my life as a Twitter,employee so this past week went to SF,for the first time at a Twitter
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