Twitter Inc on Wednesday was hit with a lawsuit accusing it of refusing to pay at least $500 million in promised severance to thousands of employees who were laid off after Elon Musk acquired the company.
Not to say his steps aren’t ones that should be taken, it’s the ways and means that alot of people are taking issue with.
When he took over Twitter it was unprofitable, and the steps he’s taking are ones that would be recommended for alot of struggling startups. But not for a major buisness.
Elon is used to moving quickly and breaking things often, as with a startup it’s fine if there are disruptions for a while or take years to become profitable.
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Not to say his steps aren’t ones that should be taken, it’s the ways and means that alot of people are taking issue with.
When he took over Twitter it was unprofitable, and the steps he’s taking are ones that would be recommended for alot of struggling startups. But not for a major buisness.
Elon is used to moving quickly and breaking things often, as with a startup it’s fine if there are disruptions for a while or take years to become profitable.
Alright. That’s a Standpoint I can respect.
I guess the future will show.
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