The hashtag #RipTwitter was trending on the platform on November 17 after a new wave of employee departures.
Elon Musk Posts Photo of Twitter’s Funeral
I wasn’t online, today, so not quite sure all of what happened but the memes are quite funny!
Times are changing at Twitter. In about two weeks under Elon Musk’s leadership, Twitter has fired over 3,700 people, and a slew of high-ranking execs have resigned. But the company’s personnel changes aren’t ending there. According to a report from The Washington Post, Musk sent a late-night email offering the remaining Twitter employees a choice: they can either resign and receive three months severance pay, or they can commit to a “hardcore” work environment.
Musk poses workers with a choice: quit Twitter, or prepare to get ‘hardcore’
Related:
Elon Musk’s Twitter Moderation Flags Article About Elon Musk’s Twitter As Dangerous
Musk is deleting Tweets, from employees, saying that they’ve been having to sleep at work and is blocking content that is critical of him. Sounds like free speech to me. /s
Twitter published rules for the platform on Monday under new CEO Elon Musk that added to confusion over what content will be allowed on a Twitter that is under his control.
Twitter’s publishing of new rules adds to confusion on misinformation policies
I am amusing myself with watching the panic some people express over Elon Musk’s cleanup of Twitter.
Yesterday 3,700 of its 7,500 workers were fired. That is not good, but the company was losing money and making money is at the core of the capitalist game.
The Twitter Massacre
The last year of inflation has disproportionately hurt low-income and nonwhite families — those with the least flexibility in their monthly budgets to absorb higher prices.
Is the cure for inflation worse than the disease?
FRANKFURT – BASF said costs at its European sites must be cut to a “permanently” smaller size because of a triple burden of sluggish growth, high energy costs and over-regulation, with the German industrial giant’s boss throwing his weight behind a planned expansion in China.
BASF seeks ‘permanent’ cost cuts at European operations
Brandon’s handlers are going to be disappointed! Businesses are supposed to move to the US! Time to twist Olaf’s arm (again)! Maybe tell him that Germany needs to decouple from China, as well?! /s
The chip manufacturer cheered on a $76 billion subsidy package for the industry, then announced capital spending cuts and mass layoffs while maintaining payouts to shareholders.
Intel’s Multi-Billion Bait And Switch
Links behind paywalls:
US chipmakers hit by sudden downturn after pandemic boom
Intel Is Planning Thousands of Job Cuts in Face of PC Slump
Chipmaker
One month ago we joked that should the Delaware judge force Musk to buy Twitter, then none other than the US government would step in and prevent the South African from gaining control over the blue-checkmark echo chamber of record, the one social media network which congressional testimony after congressional testimony has argued it can manipulate the outcome of elections.
Biden Admin Weighs Blocking Twitter Deal On “National Security” Grounds… Just As Musk Wanted
H/T: Alex Christoforou
Related:
Twitter Shares Tumble After US Weighs Reviews for Musk Deals
Jianlong Steel Holding Company official Chen Guojun, who earned over 3 million yuan the previous year, planned to take over the majority state-owned Tonghua Iron and Steel Group. He announced plans to cut the number of workers from 30,000 down to around 5,000, with those made redundant receiving around 200 yuan in compensation. The firm was still profitable, but the planned restructuring was aimed at increasing profits further amidst a global economic downturn.
Outraged, the workers shut down production and rioted, beating Chen, blocking roads and smashing police cars to prevent police and ambulances from reaching him.
The sale was subsequently scrapped.
On this day, 24 July 2009, 3,000 steel workers in Tonghua, China rioted and beat an executive to death when threatened with privatisation and job losses.
More:
Ms. Cat’s Chronicles 
You must be logged in to post a comment.