Twitter teetering on transaction? - UPDATE: Board agrees to sell Twitter to Musk

[calgarygeologist]

Originally Posted by rubecube

Come on now. That's not fair. Maybe they just hate their families.

The office spouse is always a lot more fun and pleasant to be around then the at home spouse. Plus there are no kids around so that is a huge bonus.

[Cecil Terwilliger]

Originally Posted by Sliver

I think some people have no friends and they like the social aspect of going into the office. For me, I keep my work life and personal life 100% separate. If I could WFH I'd do it in a heartbeat and miss absolutely nothing about going to the office.

Sounds like code for “everyone in the office hates me”.

[nfotiu]

We've been pretty liberal WFH for years. It mostly started because we were decentralized into Dallas, NJ and VA, and then spread out even more. There really wasn't much benefit of going into the office when we weren't working with anyone else who was there. It became a lot easier to hire for niche technical skills when we weren't limited to 3 markets as well. I'm kind of surprised a company like Twitter would have all their staff in a single market or two.

I find that early career and late career people generally dislike remote work the most. The mid career people with families and such see the most benefit. The younger people often have just got back from college or another job and tend to feel like they are missing out on the social aspects and also don't get the face to face experience in learning things, etc.

The empty nesters often just like getting out of their house.

[Cecil Terwilliger]

This has been beaten to death in any number of previous threads. There are a whole list of pros and cons for both employee and employer for WFH, f/t office and hybrid that depend on a huge list of factors that vary for every person, employer and industry. Attempting to simplify it to a single reason is futile.


All that being said, Elon Musk is a raging lunatic, probably mentally unstable and cancelling WFH is yet another massive misstep in a series of hilarious trainwreck like blunders he’s already made.

[Wormius]

I have no idea what is going to stop people from signing up for the checkmark temporarily just to mess with people. Do they need to commit for a certain length of time or what?

[Azure]

Originally Posted by rubecube

Demanding workers come back into the office is also a great way to kill morale and spur resentment amongst your staff.

Also an easy way to fire a bunch of people.

[rubecube]

Originally Posted by Azure

Also an easy way to fire a bunch of people.

I mean, if that's what you want and most of your workers are unskilled, sure. Training and recruitment isn't getting any cheaper.

Back on topic...

https://twitter.com/user/status/1590812793787518977

[TrentCrimmIndependent]

who cares about Twitter . let it die

Elon Musk spending billions just to run it into the ground might end up being a blessing in disguise

it's always been more a cesspool than anything where terrible people can have a platform to have their thoughts circulated . we are probably better off without it

[ResAlien]

Originally Posted by TrentCrimmIndependent

who cares about Twitter . let it die

Post #1022 addresses your question

[skudr248]

Originally Posted by rubecube

I have a friend who works for a software company and the lease on their commercial space came up at the beginning of 2021. He said his boss said it was the easiest decision to make to not renew and just have everyone work remotely. Saves the company thousands of dollars per year.

Hundreds of thousands of dollars.. to give some perspective, my previous company leases a 15K square ft. office space in Burnaby, BC for over $400K annually.

[afc wimbledon]

Originally Posted by FunkMasterFlame

Faceberg just laid off 11,000 employees. Seems like a lot of tech companies are starting to cut the dead weight and there is now a massive surplus of tech workers desperate for a job.

WFH is great if you can get it, but the pandemic is over and I'm thinking that gravy train has left the station.

The demand for tech workers is absolutely voracious, it's the equivalent of steam engine specialists in 1840, you could crap out a couple of hundred thousand and someone would hire them, the wages might drop a bit but that's about it

[Galakanokis]

All of my VFX is WFH. They didn't want to come back in and I was able to downsize the footprint. Well over $100,000 saved in leasing costs. My remote access setup is a tenth of that a year. No brainer really.


At between $30-$60/sqft for lease and operating costs WFH should make more sense for businesses depending on what you can do with your lease. I moved a whole office from downtown Vancouver to Adelaide to go from $58/sqft to $18. That's a huge savings over 10-15 years even with the costs to build a new facility.

[Sr. Mints]

Originally Posted by rubecube

I mean, if that's what you want and most of your workers are unskilled, sure. Training and recruitment isn't getting any cheaper.



Back on topic...

https://twitter.com/user/status/1590812793787518977

It's fun to laugh at Musk these days, but I'm having a real hard time reconciling these past two weeks. I just can't believe he's running Twitter into the ground, unless it's intentional.

[PeteMoss]

Originally Posted by Sr. Mints

It's fun to laugh at Musk these days, but I'm having a real hard time reconciling these past two weeks. I just can't believe he's running Twitter into the ground, unless it's intentional.

He's an extremely rich guy who was in a bubble about what he thought people wanted or that people really cared one way or the other if some right wing or left wing loonie is banned from the site.

Very likely he was going to mess it up either way, but the economics also blew up on him when inflation hit hard and tech company stocks went down at a giant rate. He went from paying a overly high price to paying an absurd price. As companies worry about a recession, they cut advertising starting with the low hanging fruit that twitter represents.

[Azure]

Without context, that tweet is pretty dumb.

"If we can't figure out a way to monetize user growth and get our advertisers back on board, plus the fact that the entire tech industry is bleeding money right now in the advertising space, I don't know how much run rate the company has, and bankruptcy is a potential concern."

I mean it is easy to make fun of things that we all think he's getting wrong, but at least ATTEMPT to not look like a stupid moron when making a tweet, or when posting it on CP.

[RedHot25]

https://twitter.com/user/status/1590829648039985152

https://twitter.com/user/status/1590830921414225921

[flamesfever]

Originally Posted by afc wimbledon

The demand for tech workers is absolutely voracious, it's the equivalent of steam engine specialists in 1840, you could crap out a couple of hundred thousand and someone would hire them, the wages might drop a bit but that's about it

And you know what happened to the steam engine specialists.

I wonder if the present attitude of tech workers, and their demands to WFH, is more a reflection of the tech bubble mentality, which as I see it, may change as we go into a long overdue recession.

[Mazrim]

Originally Posted by RedHot25

https://twitter.com/user/status/1590830921414225921

Yeesh. I was gonna wait things out and see where everyone heads off next for a twitter-like platform. If I'm not careful I might not even be able to find out where they all go.

[PepsiFree]

Originally Posted by flamesfever

And you know what happened to the steam engine specialists.

I wonder if the present attitude of tech workers, and their demands to WFH, is more a reflection of the tech bubble mentality, which as I see it, may change as we go into a long overdue recession.

WFH isn’t tech exclusive, it’s just one of the industries where it’s a viable option.

The increased “demand” for WFH is due to the pandemic where a huge number of people across multiple industries got a taste, and now business owners and managers are trying to put the genie back in the bottle.

A recession isn’t going to curb the demand for WFH, it’s going to make it stronger. Why would someone want to pay the extra money to go into an office? Why would someone want to keep a partially filled office as an expense?

[Ozy_Flame]

I know O/G workers who demand WFH. Same with healthcare, government, finance, and agency work.

'Tech workers' are pervasive in most industries. And there isn't some dichotomy between 'them' and everyone else - especially in office/desk jobs.