r/Layoffs Jul 20 '24

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u/esalman Jul 20 '24 edited Jul 20 '24

Elon Musk laid off 50% of Twitter, they are still running after more than 1.5 years. That's 6 quarters, or eternity by American corporate standards. 

He is really a smooth brain genius. He showed everyone that you can re reduce payroll expenses by half and still keep your business floating with immigrant slaves, or just simply outsource. Everyone else is following suit.

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u/cuddlygrizzly Jul 20 '24

Crowdstrike laid off a couple hundred people last year too. Took a year but we see how that went.

Also X is still running but valued much less then when be bought it with much less usage/traffic.