• Catoblepas@lemmy.blahaj.zone
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    3 months ago

    Now, instead of paying Rooney the draft severance amount worth a little more than $25,000, Twitter, which is now called X, has to pay Rooney more than $600,000

    lol. lmao.

      • cm0002@lemmy.world
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        3 months ago

        It shouldn’t, generally the order will be worded something like "The plaintiff has been awarded $xxxxx.xx + legal fees " as in whatever legal fees they accrued the defendant will have to pay in addition

        But then again, what do I know IANAL lol

        • ours@lemmy.world
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          3 months ago

          Oh and he overpaid because he wanted the per-stock purchase stock to have the “420” gag. So instead of paying $53 per stock, he paid $54.20. That’s a total of $150 million more for a stupid joke.

          • Hotdog Salesman
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            3 months ago

            Is even worse, cos twitter stock was like 35 at the time or something

  • Gloomy@mander.xyz
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    3 months ago

    “Going forward, to build a breakthrough Twitter 2.0 and succeed in an increasingly competitive world, we will need to be extremely hardcore,” Musk wrote in the all-staff email. “This will mean working long hours at high intensity. Only exceptional performance will constitute a passing grade.”

    This is so fucking cringy.

    • grrgyle@slrpnk.net
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      3 months ago

      So the opposition of chill. Like wtf is the big rush, are aliens invading and unless our social media is shoestring enough they’ll obliterate us?

      Can’t believe this guy thinks he has anything meaningful to contribute to humanities future other than scaling up grind

      • TransplantedSconie@lemm.ee
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        3 months ago

        And his idea of The Grind^^® is snorting ketamine and offering ponies to stewardess to get them to fuck him.

    • Ilandar@aussie.zone
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      3 months ago

      It’s the attitude of a rich and entitled loser who thinks they know what “hard work” means without ever engaging in it themselves. These morons use language like this to, in their mind, weed out the weak and lazy, but in reality it just sounds deranged and is a massive red flag to any employee with a functioning brain.

    • Random_Character_A@lemmy.world
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      3 months ago

      Is he willing to pay for those extra hours?

      Many companies promote a work culture where heroic employees are supposed do long hours for free just because good employees are passionate about their job. That’s just exploitation.

      • Aceticon@lemmy.world
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        3 months ago

        Surely the grand objective of, as he puts it:

        build a breakthrough Twitter 2.0 and succeed in an increasingly competitive world

        means it’s just as much worth it for him to pay overtime and/or hire more people as it is for others to “work long hours at high intensity”

        Unless, of course, he was bullshitting and being an hypocrite.

    • lowleveldata
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      3 months ago

      How hard is the core are we talking here? Like raw dog HTML no JS hard?

    • SeaJ@lemm.ee
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      3 months ago

      I mean he renamed Twitter to X. It is assumed his actions will be cringy.

    • BedSharkPal@lemmy.ca
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      3 months ago

      Coming from the guy who demanded tens of billions in bonuses from Tesla shareholders in order to ‘stay motivated’.

  • dan@upvote.au
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    3 months ago

    I was thinking “this wouldn’t be successful in the USA”, and yep, it’s in a country with proper workers’ rights (Ireland).

    No doubt some of the other affected employees in Ireland (35 of them according to the article) will sue Twitter too.

    • Allonzee@lemmy.world
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      3 months ago

      Imagine taking pride in this fucking gold plated cesspool we call the US.

      It boggles the mind.

      • dan@upvote.au
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        3 months ago

        I’ve lived in the USA for 11 years, and there’s a lot of things in the USA that I really like, but the lack of worker and consumer rights is a major issue. At least California has some consumer rights, but it’s nowhere near as strong as where I’m from (Australia).

      • girthero@lemmy.world
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        3 months ago

        I wouldn’t mind corporate tax breaks to public companies (like ireland gives) as long as the gov’t taxes private wealth enough to fund decent social programs like Ireland.

        • Aceticon@lemmy.world
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          3 months ago

          My experience living and working across Europe, including The Netherlands which is pretty similar to Ireland, is that the result of a low corporate tax system for the common people is to end up paying high personal taxes whilst getting inferior public services: it really stands out just how bad the public services are for the amount of personal taxes one pays in a place like The Netherlands compared to other countries in Europe.

          The low corporate tax scheme can work for city states and similarly tiny nations (Singapore, Luxemburg, Cayman Islands and so on) probably because the additional jobs they bring do make a lot of difference in a place with so few people, but it doesn’t seem to work all that well in nations that aren’t micro (though the trickery of counting the passing-through profits from whole continents of those large companies in the local GDP of the low corporate tax nation, does allow politicians there to swindle the Economically-uneducated and claim they made the country “grow”).

    • buddascrayon@lemmy.world
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      3 months ago

      Damn, $600k times 35 people is only $21mil. That’s pocked change for this jerk. And yet, I’ll bet he fights paying just the $600k to the one person tooth and nail like the spoiled rich fuck that he is.

  • bstix@feddit.dk
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    3 months ago

    It’s interesting how most of Musk’s wealth is in stock and such, when people start cashing out on it. What’s his liquid wealth?

    I assume he’s been wealthy for long enough that he’s been able to cash out interest and dividends to make him a wealthy man, constantly accruing money simply by having money.

    Seeing him tank on everything he touches( bringing down the value), I have to wonder if there is a limit to his liquid funds. The world’s richest poorest man or something.

    Fuck him and the horse he rode in on.

    • PrincessLeiasCat@sh.itjust.works
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      3 months ago

      I fucking hate that so much.

      “People think a thing is cool, so the person who owns the thing is cool and should get a monetary value based on a lot of people’s opinions”

      And everyone is lIke “Yes this system is great! Let’s do this with more people”.

      And then one day nobody thought the thing was cool anymore for…reasons (Tesla) and so that person loses money relatively proportional to how many cool points they lose in the minds of a bunch of other people.

      But that’s a travesty and this person’s coolness now affects a lot of other people’s coolness to the point that it could severely fuck up the economy if enough people stopped thinking they were cool. So we have to keep telling this person we still think they’re cool so that shit doesn’t get really bad until we have a better plan in place to deal with it.

      And then we’re like fuck…that was stupid…we shouldn’t do that again. And everyone agrees.

      Meanwhile we’re still doing it with countless other people and things and we’ll act just as shocked pikachu face the next 30 times it happens.

      It’s so fucked up and dumb.

    • FiveMacs@lemmy.ca
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      3 months ago

      You can’t fuck his horse, he had to sell it to cover his debts. It’s someone else’s horse now.

      • QuantumSparkles@sh.itjust.works
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        3 months ago

        Is that the horse that he offered to that airline attended as payment to fuck him after he pulled out his penis in front of her on the plane? They liquidated that horse?

    • NotMyOldRedditName@lemmy.world
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      3 months ago

      If he tried to liquidate all of his Tesla shares on the open market over a period of time, I wouldn’t be surprised if it was less than half.

      SpaceX is another story though as it’s not public and he can just do a private sale. He could probably get very close to what his shares are worth, maybe even more as it’s value keeps going up each time they raise money.

  • Ugurcan@lemmy.world
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    3 months ago

    It would still take 375000 Rooneys to deplete Musk’s wealth.

    Kill the techno-feudal lords.

  • fubarx@lemmy.ml
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    3 months ago

    I’m really curious about the profile of who is still working there and their reasons for being there. Not speculating. Just the facts.

    • Flying Squid@lemmy.world
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      3 months ago

      A lot of them are immigrants who will be deported if they lose the job. I know I’d rather live in either California or Texas than a lot of places in India. (Especially these days, if the immigrant is a Muslim.)

        • Flying Squid@lemmy.world
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          3 months ago

          Essentially, yes. But slaves who apparently feel like the alternative is worse. Obviously, that doesn’t justify anything, it just makes it even more depressing.

            • Flying Squid@lemmy.world
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              3 months ago

              If they thought the alternative was better, they would leave. They do not have to work at Twitter if they don’t want to. But they are also desperate to stay away from where they came from. They’re not literally chattel slaves because they get paid and they are allowed to quit, but they are being put in a very bad position where they are essentially forced to keep working at Twitter if they don’t want a life of poverty, and now oppression if they’re Muslim, in Mumbai.

            • cheesepotatoes@lemmy.world
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              3 months ago

              What the hell are you talking about? I’m pretty sure the millions of people the Romans enslaved did not volunteer for a better life but were in fact brutalized through violence and abducted from their homes.

    • RunawayFixer@lemmy.world
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      3 months ago

      In 2022 there were some stories of how people on work visas were unable to jump ship while others were fleeing en masse. And now after all the tech layoffs in the USA, I imagine that finding another company to sponsor their visa, has become a lot harder still. So that’s one group still working there: people who will be deported if they lose their job.

    • William@lemmy.world
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      3 months ago

      I have never worked there (or any other major tech company) but if I had a job there, I wouldn’t give it up until I’d found another job. Perhaps the people there aren’t going crazy at the job hunt and still just haven’t found another job they want.

      It’s really easy to think “all the layoffs are over and I made it” and “job hunting is painful, I don’t want to do it today” and just coast for a long time.

      I’m sure every awful thing he does spurs another effort for job hunting, but unless the job actually makes them work harder or fires them, it probably doesn’t change much for them.

      Also, they get paid a lot more than I do, and sometimes it’s worth the pain to keep raking in that cash.

    • Blackmist@feddit.uk
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      3 months ago

      Most of these tech companies pay really well, although you can argue about the benefits of that when most of your money goes towards paying for a landlord’s retirement.

      The boss may be a complete bell-end but most of them will never have to deal with him.