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Comment by Quequau | Hacker News Reader

It doesn't seem to me that jettisoning the employees responsible for regulatory compliance is a sound management strategy.

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It is if you are only pursuing an. US election influence opportunity.

He laid off 90% of Asia and much of EU, betraying his bullshit about mission and vision.

This is just him spending money for a seat at the table with a specific party

It's more than just that. You can buy a seat at the table for a lot less than $44 billion. SBF got a seat for $40 million.

He tried to lay off EU employees, his US actions are void as per employment law in most European countries, and several countries are looking into it.

Another win for Putin through another Putin influenced US-based unstable personality.

It's only not sound if you want to grow and sustain the business rather than turn it into your own personal $44 billion rage room for pointless glass smashing.

Yet it still running, and cutting costs is a necessity for profitability when costs exceed revenue. Incredible how bloated that company was before Elon took over.

Complaining about Twitter still running for their public presence is a testament to how much solid automation and infrastructure the previous SREs put in place than anything. If you look you can find comments about how it is already deteriorating in their ad portal. Complaining about a website being up is like asking what the IT person at your org does all day, and then getting angry when they get fired and things start going down a month later.

After 15 years of existence Twitter was 2B dollars in the black. That's more than 100M$ for every year that Twitter has existed.

The business is now in the red in the excess of 10B dollars because Elon put a 13B dollar loan on the company's books.

The company was running fine even after the market crash until Elon took over. It's in the red now, not because of bloated employees- but because of Elon Musk.

It wasn't really that bloated, it is just a stupid business to run because it requires a massive investment and delivers only twits.

I'm a bit shocked that no-one "acquihired" twitter to make another real tech company without hitting all the barriers and filtering even an infinite blood-money funded startup will hit. They threw out the baby, but the bath water is still there, and cloudy and a bit cold.

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