11-18-2022, 07:51 PM | #45 | |
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Kids these days are on TikTok anyways. SM is Tik Tok GAP IG Marinara trench gap FB |
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11-18-2022, 07:58 PM | #46 |
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Mr. Musk IMO, is a visionary disrupter. He and his fan base are not really my cup of tea, however, I tip my cap to visionaries that make sure the establishment isn’t to established…
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11-18-2022, 08:11 PM | #47 |
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Came here expecting memes...
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11-18-2022, 08:14 PM | #48 |
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Yeah it's just a small vocal minority of narcissists who actually use Twitter. Twitter has given every idiot in America a platform to share their dumb opinions. And now we live in a world where politicians, corporations, etc. all have to bend over backward to the moral standards of extremists on Twitter.
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11-18-2022, 08:53 PM | #49 |
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I don't know about anyone else, but I (as a social media non-user) am hoping that Musk buys TikTok and Facebook next!!!!!
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11-19-2022, 03:18 AM | #50 |
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Changing a companies culture is not easy to do. It usually takes years and years and years and he has done it in one month. Hats off.
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11-19-2022, 09:51 AM | #51 |
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Easy to do when you get rid of all the people in the company. The question now is "whose left?" Is is the "Whales", the supposed 10% of the people who actually do all the work? Or is it the under-performers who have hunkered down and will take the abuse?
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11-19-2022, 01:36 PM | #53 | |
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He lives and breathes his companies and expects everyone around him to be dedicated to the effort. I'm not saying I would enjoy working for him - but if you were a Twitter employee and weren't prepared for this and looking for other opportunities that's on them. As far as work / life balance - that's never been a realistic solution for Tesla to achieve 50% YOY growth which it has done and continues to be their goal. If you can't take the heat - get out of the kitchen |
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11-19-2022, 02:06 PM | #55 |
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The way that I understand this fiasco is Musk was forced to buy Twitter due to some of his public antics with the SEC and that he was doing an audit on them without making an offer... if he hadn't gone thru with it, he would have been sued to oblivion and dealt with legal cases to oblivion.
It's honestly on him and he did this to himself... the reality is that it's a failing company and I doubt he can truly turn it around... now he is starting to understand the shit show he got himself into... which I presume he knew that's what it was, which is why he delayed the whole thing to try to undervalue... well that backfired in a spectacular fashion As far as the workers... well if they leave that's their perogative... but if there is anything that I am learning recently with the layoffs that have been happening in tech, these companies are massively overstaffed and the positions that keep getting laid off are some nonsensical overhead positions. No one from Finance, Tech that's needed has really been let go...
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11-19-2022, 02:30 PM | #56 | |
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We don’t know it if has been or hasn’t been realistic or not. He seems never to have tried it. https://www.businessinsider.com/elon...ty-2021-12?amp Last edited by minn19; 11-19-2022 at 02:47 PM.. |
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11-19-2022, 04:29 PM | #57 |
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I mean the average Twitter employee is the type of person who complains about their salary while making 150k (or more) a year, I don't feel bad for them.
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11-19-2022, 04:37 PM | #58 |
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11-19-2022, 04:42 PM | #59 |
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11-19-2022, 04:45 PM | #60 | |
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This seems a bit more accurate, still not bad though. https://www.comparably.com/companies/twitter/salaries Edit: Being based in San Fran though it actually isn’t that good. |
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11-19-2022, 04:50 PM | #61 | |
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Still I don't think there's a ton of broke people working at Twitter. I've also heard a lot of the times the salary at these big tech giants might be less than at smaller places because of all the perks they offer. Not sure how accurate that is, but I've heard it many times. |
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11-19-2022, 05:28 PM | #62 | |
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I have been on Twitter for about a year or so, it is a vomitorium. Having said that, it can be entertaining, and informative but you have to be able to separate the wheat from the chaff. |
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11-19-2022, 05:42 PM | #63 | |
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11-19-2022, 06:03 PM | #64 |
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11-19-2022, 06:07 PM | #65 |
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11-19-2022, 06:23 PM | #66 | |
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I used a very sharp pencil back then to ensure that I could get out as early as possible, and I think I have a fairly decent understanding of what a $150K salary has to offer a young(er) person today who is working in the Bay Area. Something that hasn't changed very much - if you're single and earning $150K today - are income and payroll taxes. That is, the effective/average tax rates for a California resident earning that inflation-adjusted wage have changed very little. At present, Federal income taxes are going to take 20% of a $150K gross wage; California is going to take another 8%; and, FICA will take 7.65%. That leaves the wage-earner $96,500 with which to pay for everything else, and that's where it gets interesting. Today's average one- and two-bedroom apartment rents in the City are $3K and $4K, and that's down significantly from a few short years ago. It's worth noting that the average apartment in the City is not particularly desirable; the units suited to a well-paid tech engineer will run at least 50% more. Let's say $5K/mo. for a unit worthy of where you've come from, your education, your professional status, and who you may wish to attract to be a part of your life. There goes a quick $60K of the $96,500 you had left after taxes. Roommates are clearly a solution to this particular part of the problem. But let's say you've skipped the roommate route and are now left with $36,500/year of disposable income. Out of that, you're going to fund your retirement (hopefully), feed yourself from very expensive grocery stores and/or even more expensive restaurants, pay for at least semi-regular Uber/Lyft rides unless you're willing to deal with Muni/BART), pay for the toys you absolutely need to have (not a BMW!), buy the clothing you need and feel you have to have, pay for dates out, pay for trips home to see family and friends, and on, and on, and on...until it's all gone. In the context of all that, $3K/mo. in the City isn't going to go very far at all, and those earning those wages have made that clear in social media posts for the past few years. They're not serfs, but they're not going to live anything like the American dream doing what they're doing. My take is that it's not the cool kids who are chopping code for the likes of Apple, Facebook, Google, Microsoft, Twitter, et al. As always, this is only my 2˘.
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