• WarmSoda@lemm.ee
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      1 year ago

      I think this covered it well:

      But overall most decisions were reasonable. The provider change and the change to the financial model were reasonable and will eventually lead to more profits, also with a smaller team behind the platform.

      • very smart Idiot@sh.itjust.works
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        1 year ago

        A smaller team as a reasonable thing doesn’t mean that I think it’s reasonable to not pay employees that are owed.

        But a company is not owed to employ someone.

            • Cabrio@lemmy.world
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              1 year ago

              Wrong, stupid, and belligerent. The trifecta of incompetence.

              You should slap your father for not having the common decency to wipe you on the curtains.

        • lps2@lemmy.ml
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          1 year ago

          He slashed damn near 2/3 of the company, their HRIS systems were in disarray, they removed much of the force that made it advertiser friendly, came up with obscene API pricing (no doubt to try and cash in on LLM companies), and have failed to pay rent and server costs. Elon took a flawed business model and made it significantly worse all while giving a middle finger to their advertisers which is overwhelmingly their primary revenue source.

          • very smart Idiot@sh.itjust.works
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            1 year ago

            And that’s just not correct. Twitter is still running. It has still grown in username in the last months. Their business model expanded to a subscription model.

            And all this talk about servers and api is just crap talk of unhappy people that do not know how a company is made profitable. It’s the same kind of people that are angry about Reddit and believe Reddit to go bankrupt. What a joke.

            • Tookys@fosstodon.org
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              1 year ago

              @UserDoesNotExist

              @lps2 @technology

              Not to say his steps aren’t ones that should be taken, it’s the ways and means that alot of people are taking issue with.

              When he took over Twitter it was unprofitable, and the steps he’s taking are ones that would be recommended for alot of struggling startups. But not for a major buisness.

              Elon is used to moving quickly and breaking things often, as with a startup it’s fine if there are disruptions for a while or take years to become profitable.

      • very smart Idiot@sh.itjust.works
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        1 year ago

        Oh no, I get called a bootlicker and oh no, downwards pointing arrows are clicked on my comments by people without knowledge about economics.

        I feel like walking into a group of Scientologists, trying to explain them Quantum Mechanics.