Well, that didn't take long

LeopoldBloom · 2022-11-12T09:59:46-05:00

Business - Well, that didn't take long (Quote)... (24 replies).

Twitter Inc's new owner Elon Musk on Thursday raised the possibility of the social media platform going bankrupt, capping a chaotic day that included a warning from a U.S. privacy regulator and the exit of the company's trust and safety leader.

The billionaire on his first mass call with employees said that he could not rule out bankruptcy, Bloomberg News reported, two weeks after buying it for $44 billion - a deal that credit experts say has left Twitter's finances in a precarious position.

https://www.reuters.com/technology/twitter-information-security-chief-kissner-decides-leave-2022-11-10/

I thought this guy was supposed to be a brilliant businessman who was going to make Twitter even more relevant, not an inept clown who was going to destroy it. Of course, the Musk fanbois will tie themselves in knots to justify this, same as they did for Musk's clampdowns on free speech.

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SomeMichGuy · M

Yes, he jumped in without understanding the lay of that particular landscape.

LeopoldBloom · M

@SomeMichGuy In "Office Space," Initech brings in two consultants who are there to interview everyone and figure out who can be let go without hurting the company. Musk should have made no changes until he had a complete analysis of the company's structure and operations. But he has a high opinion of his own intelligence and didn't think he needed that. Now he's begging some of the employees he fired to come back because he realized that their work was actually necessary.