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Comment by dylan604 | Hacker News Reader

it hasn't been a problem for the social platforms or other companies operating in the hovering of personal data for profit. the trick is to get too big to fail status before gov't agencies can come shut you down.

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> the trick is to get too big to fail status before gov't agencies can come shut you down.

While avoiding getting bought by Elon \o/

is that a concern anymore? he's so leveraged with the Twitter purchase, i doubt he could borrow enough money to buy a Tesla

That's probably a relief for many tech employees who won't get fired for no particular reason, then :D

You must have missed the many announcements of multiple thousands of layoffs happening at many big tech companies lately ;)

I like the "no particular reason" concept you have. It's absolutely not true, but I still like it. The company over staffed because it was trendy to do so. The company was not profitable. Seems like a pretty good particular reason to me.

How it was handled can be discussed as being good/bad/fair/unfair/whatevs, but the numbers didn't like on revenue, just on the user counts.

Why would you want to avoid that? Get paid the GDP of Lithuania for a fairly stodgy messaging platform with a big question mark over how many real users there even are and then getting to look like a genius in comparison to the next guy's run at it sounds like a great deal to me.

Haha yes, if you are at the top level! If you are just a normal employee getting paid 2-3x more than what you would get if you were working in most other companies, probably it's less fun to get bullied, then fired, and then to get a more decent salary for your work.

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