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Old 11-14-2022, 07:28 AM
 
50,721 posts, read 36,411,320 times
Reputation: 76531

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Quote:
Originally Posted by oceangaia View Post
I'm sorry, what is "the rest"?

What stock? Twitter was delisted last Monday and there is no more common stock. Investors lost nothing. They were paid the purchase share price that Musk agreed on.
Maybe you're right about the stock, it was Tesla that lost money, based on his buying of Twitter:

https://www.ndtv.com/world-news/tesl...ncerns-2923655

Reuters Tesla Inc lost $126 billion in value on Tuesday amid investor concerns that Chief Executive Elon Musk may have to sell shares to fund his $21 billion equity contribution to his $44 billion buyout of Twitter Inc.

The rest of the things I had in that post, about troubling times ahead, possible bankruptcy, etc.

In addition, he caused other companies stocks that were impersonated to go down, like Eli Lilly.

Are you actually arguing that Musk isn't driving Twitter into oblivion? That he's doing a good job?? I'm not really clear on what you're defending him so voraciously about.

https://www.theinfographicsshow.com/...st-29-billion/
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Old 11-14-2022, 07:58 AM
 
Location: NMB, SC
43,059 posts, read 18,223,725 times
Reputation: 34929
Quote:
Originally Posted by ocnjgirl View Post
Maybe you're right about the stock, it was Tesla that lost money, based on his buying of Twitter:

https://www.ndtv.com/world-news/tesl...ncerns-2923655

Reuters Tesla Inc lost $126 billion in value on Tuesday amid investor concerns that Chief Executive Elon Musk may have to sell shares to fund his $21 billion equity contribution to his $44 billion buyout of Twitter Inc.

The rest of the things I had in that post, about troubling times ahead, possible bankruptcy, etc.

In addition, he caused other companies stocks that were impersonated to go down, like Eli Lilly.

Are you actually arguing that Musk isn't driving Twitter into oblivion? That he's doing a good job?? I'm not really clear on what you're defending him so voraciously about.

https://www.theinfographicsshow.com/...st-29-billion/
That article is from April....eons ago when talking about the stock market these days.

Analysts still recommend Tesla stock:

https://finance.yahoo.com/quote/TSLA/analysis?p=TSLA
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Old 11-14-2022, 09:31 AM
 
Location: Pittsburgh
29,739 posts, read 34,362,964 times
Reputation: 77044
There's an interesting letter from a Twitter employee in today's Ask a Manager: https://www.askamanager.org/2022/11/...t-do-i-do.html

Her advice:

Quote:
As for whether it would be better to resign now rather than waiting to be laid off (which may or may not happen) or waiting until you get another job … If you can stomach it, you’re probably better off waiting, especially because your family depends on the health insurance. And really, if you’re weighing (a) resigning now (no severance) against (b) the risk of being fired without severance … well, in both of those cases you’d be out of work with no severance. Staying at least gives you the option of severance down the road (if you’re part of a future layoff) and gives you an ongoing income and health insurance.

Assuming, of course, you can stomach it. But as long as you’re not actively doing harm, there’s no ethical imperative to quit on the spot and no shame in staying if you need to.
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Old 11-14-2022, 10:22 AM
 
50,721 posts, read 36,411,320 times
Reputation: 76531
Quote:
Originally Posted by TMSRetired View Post
That article is from April....eons ago when talking about the stock market these days.

Analysts still recommend Tesla stock:

https://finance.yahoo.com/quote/TSLA/analysis?p=TSLA
I saw something on the news which I am trying to find but can't.
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Old 11-14-2022, 02:51 PM
 
Location: DFW
40,952 posts, read 49,162,125 times
Reputation: 55000
Amazon reportedly plans to lay off about 10,000 employees.

https://www.cnbc.com/2022/11/14/amaz...this-week.html

Quote:
The cuts would be the largest in the company’s history and would primarily impact Amazon’s devices organization, retail division and human resources, according to the report.
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Old 11-14-2022, 03:25 PM
 
Location: Pittsburgh
29,739 posts, read 34,362,964 times
Reputation: 77044
Quote:
Originally Posted by Rakin View Post
Amazon reportedly plans to lay off about 10,000 employees.

https://www.cnbc.com/2022/11/14/amaz...this-week.html
So that's probably around 30,000 workers in the tech sector out of a job between Twitter, Facebook/Meta, and now Amazon. Happy holidays, everyone!
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Old 11-14-2022, 03:32 PM
 
10,864 posts, read 6,464,793 times
Reputation: 7959
Quote:
Originally Posted by fleetiebelle View Post
So that's probably around 30,000 workers in the tech sector out of a job between Twitter, Facebook/Meta, and now Amazon. Happy holidays, everyone!
there are also Zillow,Pinterest .Beyond Meat,Impossible Meat,Rent a Runway,;Lyft,Coin base,and other he small fries.
We have not heard from Dell,HP ,they make PCs ,and pc sales have slowed down.
https://www.dailyjobcuts.com/
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Old 11-14-2022, 04:26 PM
 
23,177 posts, read 12,202,565 times
Reputation: 29353
Quote:
Originally Posted by ocnjgirl View Post
Are you actually arguing that Musk isn't driving Twitter into oblivion? That he's doing a good job?? I'm not really clear on what you're defending him so voraciously about.

https://www.theinfographicsshow.com/...st-29-billion/
I'm not really clear why you - or anyone else - has any business much less is qualified on declaring what Musk is doing. Why are you attacking so vociferously? Liberals loved the guy before he attacked a few key liberals and sided with Republicans on a few issues. Then suddenly liberals are searching and blasting out every single negative point they can. Liberals aren't raging against Bezos or Gates. You think they are any less ruthless in demanding performance from employees?
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Old 11-14-2022, 05:13 PM
 
Location: U.S.A., Earth
5,511 posts, read 4,472,347 times
Reputation: 5770
Quote:
Originally Posted by Labonte18 View Post
So.. Taking everything else out of the equation here..

You get fired by Twitter.. Why is it the first thing you do is get on Twitter to complain about being fired by Twitter?

Isn't that kinda like getting fired by Ford and going out and buying a brand new F-350?
The way they got fired was amusing though. They lost access to their company email accounts at Twitter, and THEN they notified through that same email line that they were laid off!
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Old 11-14-2022, 05:35 PM
 
Location: U.S.A., Earth
5,511 posts, read 4,472,347 times
Reputation: 5770
Quote:
Originally Posted by ocnjgirl View Post
Free speech ONLY has to do with the government. It says that the government shall pass no laws restricting free speech, i.e. no matter what you say (with a few exceptions) you won't be arrested and jailed for it. That is what free speech is per the Constitution. It does not cover speech in private entities/businesses, they can restrict as much as they want, and it's not a violation of free speech. There is also nothing that says you won't have to pay social or financial consequences for your speech.

If you haven't been arrested and jailed for your speech, then your right to free speech was not violated, even if Twitter removed your post.

They really need to bring Civics classes back to high school.
Quote:
Originally Posted by TMSRetired View Post
Suppression is just as bad with different rules for different sets of people.
Social media has become a communication medium.
Ya sure about that? If you went to a restaurant and an employee called you a "fat bastard" or "****ing idiot" to your face and got fired for it, do you think that employee would have a legal case about "wrongful termination"? Would that company be forced to give that employee back his job?
If an employee at a Fortune 500 company joked (but not really) on social media that he'd like to have sex with young children, but got fired for it, do you think he should get his job back? Ditto with people who bring politics into work (whether you're registered with one party or another). In the US, folks are hired "at will", and don't have protection against these sorts of remarks (something from the Reagon administration).
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