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Comment by r721 | Hacker News Reader

>In addition to the payroll team being gone, Twitter's entire US tax team is gone, I'm told, along with its financial reporting team. Not great.

https://twitter.com/HaysKali/status/1593449877094047744

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Don't need a financial reporting team if you're not going to make it to the end of the tax year.

FTX has entered the chat: "I concur."

The Big Four are licking their lips at the thought of swooping in at hazard pay to the tune of hundreds of accountants.

No payroll, tax, compliance, legal, finance? Just needs some crypto sprinkled in and he can run FTX 2.0!

You jest, but I would not be surprised if he launched a few twitcoins.

He's probably going to buy up a load of dogecoin then pump it by saying it'll be accepted on the site, and use the profits to keep the lights on for a while

It’s time to hard fork ELON BUYS TWITTER and start pumping the new ELON BOUGHT TWITTER.

https://coinmarketcap.com/currencies/elon-buys-twitter/

I bet the SEC is thinking “not this guy again”

They are a private company. The SEC has nothing to do with them.

No, the SEC maintains oversight of private institutions as well. The example that comes to mind is SEC’s investigation of Theranos.

Article by Kali Hays:

>Twitter loses payroll department, other financial employees as part of mass resignation under Elon Musk

https://www.businessinsider.com/twitter-payroll-finance-depa...

It doesn’t matter. They aren’t public anymore and Elon Musk has tons of finance and tax people across his business empire. You think a guy worth hundreds of billions doesn’t have a team of finance people?

Not op, but I actually don't think that a guy who apparently likes to trim the fat has a bunch of finance people around who have enough free time to do payroll and reporting for a 44 billion dollar company that was just acquired and is in the process of letting go thousands of employees.

A better question is whether he's going to listen to those people anymore so than he listened to the engineers.

The source is a random tweet. It's incredible to see people consume such propaganda wholesale. There seems to be a derangement when it comes to Elon Musk, people will literally believe anything. Millions of people last week ACTUALLY BELIEVED that Elon Musk shut down the the microservice responsible for 2FA. The source of that story was also a random tweet.

>Covering social media cos for Insider.

>khays@insider.com

She's a senior tech reporter at Business Insider/Insider:

https://www.businessinsider.com/author/kali-hays

You say that like we trust the press to be objective and thorough when researching and presenting a topic.

I meant it's not a "random tweet" from anon. As for "like we trust the press to be objective" you are free to trust whoever you want, but I have seen what "anti-MSM" people share in their uncensored places, and that's no better than mainstream journalism at all.

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