MindzEye
Wayward Ditch Pig
The $TSLA fanboys and crypto bros are out of control on twitter right now. They would all line up to suck Elon off.
- He's cut costs by 75%!!!
No, numbnuts...he's cut employee salaries by 75%, not total budget costs. He started the game from a billion dollar plus deficit due to the new debt he took on to buy the place and has now made cuts of about 600 million a year, he's still got 400 million minium in overhang just to get back to where Twitter was (barely breaking even), and that's not taking into account the decline in ad revenue that we can only guess at the size of, but it's likely significant (Twitter did 5 billion in ad revenue in 2021, 92% of it's total revenue).
- Usage is at an all time high!!!!
But ad revenue has cratered. If you can't monetize the traffic, it's useless (worse, it actually increases infrastructure costs and engineer workloads)
- WhAt wUR alL tHosE eMplOYeeeez doInG? Lulz
If you shoot the pilots of an airliner in the head mid flight, the plane doesn't explode immediately. The amount of enterprise knowledge that walked out the door over the last few weeks is epic and irreplaceable. The H1B visa holders with their status in the country glued to their job at Twitter just isn't enough to keep the shit floating, how matter how hard you squeeze them with Moar Hardcore!!!! The outages are going to get more frequent and worse (they're already far worse than Twitter has ever experienced). The experience is going to get buggier and buggier (already significant issues with mentions and other standard functionality are being reported) and this is before all of these major changes Elon wants to make to the UI and functionality. Very experienced SME's have been weighing in over the last week all over the platform and I've yet to see one actual expert in this field say anything but catastrophe is coming for the platform. There's been a lot of "lol, trust me I code" tech bros from....lets just call them "non traditional tech markets", who are quick to tell us all of those people were useless though.
- He's cut costs by 75%!!!
No, numbnuts...he's cut employee salaries by 75%, not total budget costs. He started the game from a billion dollar plus deficit due to the new debt he took on to buy the place and has now made cuts of about 600 million a year, he's still got 400 million minium in overhang just to get back to where Twitter was (barely breaking even), and that's not taking into account the decline in ad revenue that we can only guess at the size of, but it's likely significant (Twitter did 5 billion in ad revenue in 2021, 92% of it's total revenue).
- Usage is at an all time high!!!!
But ad revenue has cratered. If you can't monetize the traffic, it's useless (worse, it actually increases infrastructure costs and engineer workloads)
- WhAt wUR alL tHosE eMplOYeeeez doInG? Lulz
If you shoot the pilots of an airliner in the head mid flight, the plane doesn't explode immediately. The amount of enterprise knowledge that walked out the door over the last few weeks is epic and irreplaceable. The H1B visa holders with their status in the country glued to their job at Twitter just isn't enough to keep the shit floating, how matter how hard you squeeze them with Moar Hardcore!!!! The outages are going to get more frequent and worse (they're already far worse than Twitter has ever experienced). The experience is going to get buggier and buggier (already significant issues with mentions and other standard functionality are being reported) and this is before all of these major changes Elon wants to make to the UI and functionality. Very experienced SME's have been weighing in over the last week all over the platform and I've yet to see one actual expert in this field say anything but catastrophe is coming for the platform. There's been a lot of "lol, trust me I code" tech bros from....lets just call them "non traditional tech markets", who are quick to tell us all of those people were useless though.
