“You shouldn’t tax us, because we create the jobs” - Billionaires.

“If you receive an email today, you will be without a job.” - Also Billionaires.

I hope everyone laid off from Twitter today creates a new media platform. Quite frankly, Musk and Zuck are both deplorable in their own ways, but there’s not enough viable options. Hell, reinvent Myspace.

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I mean the companies are losing money, economy is slowing and money is becoming more expensive to get… when your expenses are higher than your revenue you cut expense, in this case over bloated tech salaries.

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Is this just a dig at Elon? Because FB stock is literally down 50% from 5 years ago, and Twitter was only up 100% and their last earnings they had a net loss of 270 million… again it’s becoming evident of a greater economic downturn, tech hiring freezes and layoffs and money becoming more expensive to borrow and offset loses. Tech is being hit hard and Twitter has historically been one of the weakest tech companies in their group of social media companies.

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They were lucky to have been coasting for this long

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Tech workers receiving news of layoffs after bragging for years about working 15hr weeks and earning $400k TC packages

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Being a billionaire doesn’t mean you must over employ over-compensated workers at a company that doesn’t make money.

Or is that some I-hate-billionaires rule that we’re trying to enact now?

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‘Civic responsibility’ = continuing to over-employ staff in a company that loses money? It’s not a public company anymore. They can’t just sell more stock.
If he doesn’t cut jobs and improve cash flow, EVERYONE loses their job. Is that better?

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In the grand scheme of things, they’ll get snapped up by better tech companies, and twitter is already on life support. He has to pretend to be a boss and also minimize his foolish business decision. When twitter continues to be a chaotic clownshow and eventually dies, they’ll appreciate the distance.

Probably doesn’t feel like it now but he’s doing them all a longer term favor.

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Oh of course, they get a nice settlement, and don’t have to work for a dictator. I knew someone at Tesla and it sounded almost as bad as banking, without the perks of banking. A true sweatshop.

Sounds cool, but Twitter has been losing money and their grand plans have been stalled

Technically with all of Elon’s companies , he must have created far more jobs than the ones got eliminated. Your statement is Twitter worthy though

Didn't musk pay the highest tax bill in American history recently when he sold a lot of tesla stock?

To be fair, the government already taxes your house every year.

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Dude this has been done like many times. Look at parlor, truth social, rumble, etc. all created because someone decided that the ones who run these big tech social media sites suck.

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