I don't know why everyone is mad at him for this, they can work for free if they want na
Me no go mind to boost my cv

American companies are like that. They fire without notice and lock you out. Whether you're a full time staff or contract staff, your job is not secure, it doesn't matter whether you did something wrong or not, you can just come one day and the security man won't let you in.
For all the b.s they promote about humanity and political correctness, they are the coldest people to work for.
When I was in ExxonMobil back then, you could see people moving about the workplace without self confidence, because any minute you could be let go.
There is something highly toxic about American workplaces

FeliciaOja:
$6 billion will feed the hungry people around the world for 1 year


Man spends $44 billion on buying an App

Humans are very dumb creatures

Egbon, go and sleep, after feeding hungry people for 1 year then what next. In 2020 alone, the UN raised 8.8 billion to solve the so called world hunger, what's the result
And I think you don't understand how the business world works, so you think the 44 billion he paid for the app is his own money, more than half are borrowed money, which he has to pay back on top, ever year, he has to pay an interest of close to 1billion usd. Why do you think he's firing employees and trying to find another way to monetize twitter.

GreatVocalist:

He most likely already has adequate personnel replacements for the positions previously occupied by those he laid off. They could be experienced too and fit in well with the new design he's planned for the platform. I don't think the lay off was necessary though.

LoLz! The ones he pulled from Tesla? How can they be more experienced then the people who were helping Twitter? Also for these kinds of positions you don't hire overnight so I don't know where you think he is getting replacements immediately.

FeliciaOja:
$6 billion will feed the hungry people around the world for 1 year


Man spends $44 billion on buying an App

Humans are very dumb creatures

This year, the USA will spend a record $715 billion on defense alone.

The war in Afghanistan cost them about 2 trillion dollars.

Why didn't America, the mother of all nations stop world hunger?

You can't really blame Elon, his money, his choices.

Na wa

Hmmmm

HonNL:
Public policy staff and content moderators are among those who have been sacked.



SOURCE

The housefly (Musca domestica) is a well-known nuisance. This fly Musca elonis, has got balls, and they are very big.

budaatum:
He'd be in serious trouble if he sacked people working for him in UK.

But he's got money to pay I suppose, so no trouble at all.

There won't be any trouble. He owned his business, and knows how best to run it. You think, Elon is a fool, that he would request that all staff laid off without getting advice from his counsels. Nothing will happen, jare'

QuoteJustOnce:
As e dey pain them, e dey sweet us

You get share for Twitter

Could it be a strategy?

NotKnown:
Okay na.

I believe ElonShrine just have kept a separate $10 billion somewhere to settle sacked workers.

Cos njo right thinking person will just fire much people like that world wide. I guess his advisers need to upbtheir game.

Well, he didn't get to be the richest man in the world by being soft.

Go hard or go home.

I would like to think the man considered the issues at stake before taking the plunge. If not, I don't think he's very well prepared to create a crisis that would sweep him into his Bermuda Triangle.

hurryup123:
Why do people care so much about twitter? If you don’t like the owner delete your account and move on...

The richest man needs more money

The richest man truly needs more money

unclejb2:
$6b cannot feed the whole world for a year. That's about $0.76 a day.

hungry people around the world for a Yr and not the whole world..comprehens

Anndrew:
hungry people around the world for a Yr and not the whole world..comprehens

$6b cannot feed all the hungry people in the world in a year

GreatVocalist:

I don't know where he's getting the replacements from but as a renowned businessman, I don't suppose he made such a drastic decision without first having a well thought-out strategy put in place. He's up there on the list of world's richest persons for a reason, you know? Lol. Let's see how it pans out in the next few weeks.

Charging 8$ a month for blue check mark is not a sign of a well thought out plan. Firing people who have a contract suddenly is not sign of a well thought out plan. Do you realise that the people he fired were from all over the world? How many days has he been at the helm enough to know what kind of replacements he would need and set up a process for replacement.

Yeah we'll see. Being the richest doesn't make you always right or capable. Twitter's debt repayment profile rose to $1billion per year, we'll see how well he handles that.

This is nonsense. This Man is unstable and impulsive and hence the lives of human beings should not be placed in his hands.

WowWow...

Zenzu01:
Elon Musk is a business man and it's obvious he's doing all these to protect his new business. Remember that Jack plans to open another social network which will want to complete with Twitter, so the best is not to allow Jack still have insiders that can still feed him with info about what's going on in Twitter. The problem is just that these people will become jobless and that's not cool.

PS: this is just my point of view oo, as I believe Elon Musk aims to make profit with Twitter.

Mr Dorsey is a complex guy, he's also in a private partnership with Mr. Musk' new business. I recently shared the news from the Financial Times Newspaper with NL readers.
I also learnt that The Kingdom of Saudi Arabia are also investors in Twitter along with the government of Oman wealth fund. We live in a very interesting world.



Jack Dorsey rolls his stake into Elon Musk-owned Twitter

https://www.nairaland.com/7411577/jack-dorsey-rolls-stake-into

Social media platform’s founder gives his latest show of support for takeover


Jack Dorsey has rolled his entire stake of Twitter shares, worth nearly $1bn at the buyout price of $54.20, into the privately held company he founded, which is now controlled by Elon Musk.

Regulatory filings show Dorsey, who was Twitter’s chief executive until late last year, rolled over some 18mn shares into the private company, making him one of its biggest shareholders.

FeliciaOja:
$6 billion will feed the hungry people around the world for 1 year


Man spends $44 billion on buying an App

Humans are very dumb creatures

Pele o, smart man. What return on investment will he get feeding the poor. If $6 billon feeds the poor around the world per year, in 10 to 15 years, he would be as poor as you are.

Do you want to bring him to your level?

bid4rich:
One thing I understand about employees in any establishment is that.....if you are not tired yourself, you will be retired or fired. One option is certain.

100% accurate

FeliciaOja:
$6 billion will feed the hungry people around the world for 1 year


Man spends $44 billion on buying an App

Humans are very dumb creatures

After the 1 year of feeding, the same people will still be hungry.
But after buying twitter, and employing people, the number of hungry people will be reduced
Some humans are really fvcking dumb

LordReed:

Charging 8$ a month for blue check mark is not a sign of a well thought out plan. Firing people who have a contract suddenly is not sign of a well thought out plan. Do you realise that the people he fired were from all over the world? How many days has he been at the helm enough to know what kind of replacements he would need and set up a process for replacement.

Yeah we'll see. Being the richest doesn't make you always right or capable. Twitter's debt repayment profile rose to $1billion per year, we'll see how well he handles that.

Are you going to tell a business man how to handle his business?

FeliciaOja:
$6 billion will feed the hungry people around the world for 1 year


Man spends $44 billion on buying an App

Humans are very dumb creatures

Trash
When you make your own money share it to all the hungry people in the world.

I believe it will succeed...not just via insight, but also through this:
https://www.youtube.com/watch?v=gQxcYY_opHc

Watch from 13:30 -14:30

Keep on...

Treadway:
that Meta own dey bust my brain. The project is almost bankrupting Mark, and it is surprising for me cos I believed in the viability of that project. Even came up with a tech start up idea hinged on VR, due to my conclusion that the greater population of the world today are vain people who want a reality different from actual reality. Actual reality sucks for these people. So the expectations is/was they would all turn to anything and everything VR...it will be like a new kind of digital cocaine, ppl living in a fake reality and always wanting/needing to run back to that. I'm gobsmacked about how everything is now playing out truly

sAme with Nigerian banks...


welcome to capitalism

wonder233:
American companies are like that. They fire without notice and lock you out. Whether you're a full time staff or contract staff, your job is not secure, it doesn't matter whether you did something wrong or not, you can just come one day and the security man won't let you in.
For all the b.s they promote about humanity and political correctness, they are the coldest people to work for.
When I was in ExxonMobil back then, you could see people moving about the workplace without self confidence, because any minute you could be let go.
There is something highly toxic about American workplaces

Zenzu01:
Elon Musk is a business man and it's obvious he's doing all these to protect his new business. Remember that Jack plans to open another social network which will want to complete with Twitter, so the best is not to allow Jack still have insiders that can still feed him with info about what's going on in Twitter. The problem is just that these people will become jobless and that's not cool.

PS: this is just my point of view oo, as I believe Elon Musk aims to make profit with Twitter.

Jack will employ them to his new social media network

imadiyi:

There won't be any trouble. He owned his business, and knows how best to run it. You think, Elon is a fool, that he would request that all staff laid off without getting advice from his counsels. Nothing will happen, jare'

It's easy to think like you do, being from Nigeria where employers treat their employees however they want.

In some countries, Adam would say fùq you if you reduce their job description and cut their pay not to talk of just sack them without due notice according to established laws.

https://www.ft.com/content/b9a2a0ec-d3fe-422d-bc62-fa9ddfd3f06c