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https://finance.yahoo.com/news/twitter-crypto-head-staff-resign-190633380.html

It is well known fact that a lot of Twitter employees are leaving the company. Now the news that Tess Rinearson, who was made the head of Twitter crypto team has made a tweet stating that he is leaving the company. Many other people in the crypt unit of Twitter space also followed her and announced that they will also be leaving the company. What impact do you think this will have on crypto space in general ? I am sure they must be working on crypto inclusion on the platform in some way and now when they have left the decisions will be delayed in this matter.

You don't have to look surprised. Musk has introduced a strict pattern to the workplace and clearly left a choice: you don't like it, you leave. Starting with cutting workers monthly 'rest days', stopping those working remotely and laying off workers here and there, what did you expect? I guess Tess had to take the leave option. At least for her peace of mind, heh!

 I think Musk would have to back pedal on this rigid control method cause it may cause more mass exodus of not just prominent, but efficient and important workers leaving the company.

I think this is like Elon Musk's selection process to screen employees there. as we know that Elon has very high discipline in terms of work. And he only wants to hire workers who are ready to work hard in his methods. So every employee there has the right to follow the new rules from elon or leave. But it seems that the news circulating is that now more and more employees are deciding to quit. So I don't know either. What steps are taken by Elon? Is it too loud or is it intentional? But to be honest, Elon's move on this one is a little difficult to predict.

We should not forget the fact that the people working in the company were already the most talented people in tech space. Twitter is a very renowned company and it will not hire any unpolished or non qualified person for the job. We do not have exact information regarding this but it is possible that they have recruitment criteria as strict as Google and Facebook. This is how they were able to filter good candidates. Now if all of sudden you start firing these people because of your ego, even new talent which is good at his work will not want to join  such a company. Without good staff, no company can function well and user experience will suffer.

this will be a contradiction between employees and the company and can affect twitter users, it is very dangerous if workers choose to resign from their jobs, the usual service provided by twitter will be messy and will definitely cause a lot of complaints from users. Maybe it's true that Elon Musk uses the same method of disciplining workers at Twitter as he used for the electric car company. None other than the effectiveness and efficiency of the company's fund management.
but social media companies are of course different from Tesla or SpaceX, Twitter requires monitoring once 24 hours/day.

I don't know what situation Rinearson and Hamdi Allam experienced so they decided to resign.

Is there something wrong with Elon Musk's ultimatum?

Yaa right ..I thought about that too. I really don't understand Elon's current actions. because even a figure like Tess Rinearson is needed in the crypto twitter project.

Actually concerns and complaints from Twitter users are now happening. and it's true, if more employees at twitter leave it will certainly affect the twitter service which can be very bad. even I think recruiting back people who are already proficient in this field will also be difficult.

I think Elon should also be able to differentiate how to treat people in different industrial fields. because twitter is not like tesla. both run in different ways. but as we know apart from being disciplined, Elon also has a smart mind. so I'm going to take a further look at what's coming to twitter and what Elon's real goals are.

Two things actually prompted him to start the sack like those against him when he wanted buying the platform. The other is a clarification made him that he need to relax few colleagues because of the estimated $4m loss per day.

Now I feel those quitting now are actually doing it to save there ass before he comes to them and others were against his ruthlessness. Although there are few he his persuading to stay.

Concerns the tech guys leaving and how it will affect cryptocurrency. If they are true enthusiasts they will find other means to promote it. Nonetheless I don't see this having any significant impact on the crypto space

not sure how this news going to affect crypto. even the doge fans are not even aware there is a Twitter crypto team.

elon will not care either if they all resign, he may be happy for what is going to happen. once BTC and whichever coins he'd fused to twitter, there will be lesser people to pay. he wants to automate things and will just run a program to operate.

Their departure won't affect the space. Who are they anyway? There are a lot of capable people that will always replace them. The crypto integration didn't even have a significant impact to the market as far as I know. How many regular or non-crypto users heard of twitter's tipping feature using bitcoin?

It would only have an impact on the Crypto-currency twitter community, to be honest I don't see how this affects crypto-currency in any way, yes twitter has lots of Crypto influencers and promoters who and even more impactful than those people mentioned.

The bottom line here is that we pay attention to Elon musk so much anything that has to do with him we think it would impact the crypto-currency community. In my own opinion it would only impact twitter.

twitter was a social platform meaning its work ethic was social too, relaxed work place, flexi time etc.

elon wanted to turn it into a conveyor belt efficient code machine,

i dont think he really understands the difference between telsa vs twitter when it comes to work environments

getting rid of, and then stressing other to leave. who knew the code inside and out.. will cause issues. trying to recruit new talent to replace a missing work force and getting them upto speed to review code and learn the function flows of different tasks is not something new recruits learn in a day.

so it could leave twitter open to attack for a small amount of time(weeks/months) depending on how long it continues with gaps in work force

then it comes to having spare cash to cover salaries for a while, whilst he restructures and finds new methods of revenue streams. might cause issues far longer that just getting the code kept upto date
..
i personally thought elon getting into twitter was a huge business mistake. it does not align with all his other projects that are interlinked to space colonisation stuff
(solar, e-cars, rockets, tunnels, biometrics (health monitoring) and AI)
twitter just seemed outside this realm of usefulness tech that wont be used for his colonisation/asteroid mining end goal

It will also not have any effect on the Twitter crypto community, it is just a resignation and any other person can take charge of the positions that they resigned from.
It is something that is expected in every company when a new CEO emerges with new principles and rules, some people are forced to resign who cannot cope with the current situation of the company.
There's nothing much about resignation apart from change of idea and work pattern, even here in the forum even if theymos has to resign and hand over the administration to another person it will still not make forum not to move forward, what happens is that the approach to administration will be different from what we have been seeing for some years.

Elon Musk was able to get all those nerds working for him and build Tesla as well as SpaceX so its probably going to be less than a week for him to find compatible replacement to run the whole Twitter. Aside from that, we all know how Elon really want to support crypto ( or probably just doge specifically ) so pretty sure that twitter will remains as one of the crypto safe space

Twitter has a problem with bot accounts promoting crypto frauds. I'm just now learning they had a "crypto head" because seemingly crypto presence on Twitter was only relegated to those bot accounts manipulating the algorithm and appearing at the top to replies of popular tweets.

If this was the best Twitter had to offer in regards to their crypto division, then perhaps it's in everyone's interest that he leave and someone else take his place that would actually be able to integrate crypto into twitter in a meaningful way.

I doubt this argument.  Not because you are working in a huge company, you are the most talented one.  Besides, I do believe they are part of the people that were terminated by Elon.  In a company process of termination, you were given the option to resign to save face.


There are lots of talent everywhere, and many of them are freelancers.  So I believe there will be no shortage of applicant if ever Twitter open up for hiring staff.

Elon musk is a business man that likes being on top and being there you have to put the toes of every employee on its tip to be able to get out what he wants. It is understandable that workers will leave and even new workers will still be fired until he stables himself and making the global reformation of tweeter. New spirit and energy is the beauty of it all and you can only be successful with people ready to be under you and ready to support.

This is what it is confusing me as well, I can understand if some employees got fired as a way to try to increase profit margins during this transitional period in which Elon began to understand how to make Twitter a profitable enterprise, but he is firing people left and right for no reason at all, those people were already very good at what they do, and if they had knowledge about the internal code of the company then competitors like Facebook could recruit them immediately to get to know those secrets, so I cannot help to think that he is making a mistake with these moves.

I didn't even know Twitter has crypto team and what's that mean anyway? What were they doing? It says "Under Rinearson’s leadership, Twitter had implemented a tool allowing crypto art collectors to link a nonfungible token to their profile pictures, distinguishable by their hexagonal shape on users’ accounts." what a big news lol. It looks like Elon did the right thing again, they didn't even work for anything useful. Twitter should cut down unnecessary bills. If they don't work on implementing micro payments or something else really crypto related, then there is no need for them.

Twitter has been loosing a lot of workers, many have been fired and others are deciding that before they get fired and it goes down into record, they just rather quit and prevent having it in their credentials that they were fired from their previous job. As people are resigning, if the positions remain vacant, they will still have people that will apply those positions and be employed for it, One man's loss is another man's gain.

Musk already showed us how asshole he can be in this situation, but Twitter's team is somewhat at fault too. Shows how the other party is oppressive while the other exhibits wokeness on another level. Pretty sure Elon will still get the manpower he needs to keep Twitter afloat, although not in a way that the previous engineers did. Luckily for the former Twitter team, they already have the experience and credentials if they wish to seek for another job. As for Elon, well it shows that he doesn't have the leadership skills to keep his team intact. It always had to be someone else other than him.

There’s a new owner for Twitter and its expected to see old employees to leave the company especially if they are not ok with the new management. Twitter can easily hire someone who can be more fit with the position, they all have the resources to do this. This doesn’t affect crypto industry for sure, and Elon knows what to do by this time, this is also why he wants to hire a new CEO now to handle the paper works.

that is my take on this matter. for sure, those who resigned are not the last persons on this earth who can get the job done right. there are other talented and skilled people that they can hire. it won't affect the crypto market as it has no major influence in the market in the first place. elon got into this situation, so he knows what to do next. we will see how this drama will unfold in the coming days and if twitter can sustain or surpass the popularity in the social media category.

I think Elon Musk forgot that he can't eat his cake and have it back. He had fired many of the twitter employees and now the rest of then have decided to resign and this will have a big blow in the tire Twitter as a company with greater effect. I saw the news that he had booked a meeting the employees so that they can have a dialogue on how to resolve the matter.
If these people finally leave twitter, many things will go wrong with bigger consequences on the company. I still don't know why he decided to fire many of twitter employees at the first time. Let's see how this will work out.

Maybe not resign but force to resign. We don't know what happening behind the curtain.

Either way, let's hope that these people know what they are doing. Can't blame them if they are really against Musk ownership.

Let's wait what will happened next.

Oh, what are you talking about? Musk is a smart person and knows what he's doing. Not a single "holy place" will remain empty. Instead of some good employees, the best will come. Twitter needed a movement with its politics for a long time, and finally, it began. I am sure that there is already a queue for vacancies; the old army must go after their leaders.
Trump's account has been unlocked, which clearly shows that Musk has a completely different vision of the policies that the old leadership adhered to.

Are we going to get shocked by this news? Elon Musk is not yet done cleaning and reviewing all the positions on Twitter. So those positions that aren't reviewed yet and those that are called and retained must adhere to the new company's rules. Twitter is a bleeding company mate, it is a big company but it is losing. How do we expect a new owner to retain all these staff and its current rules and policies? Musk must do something big otherwise he just wasted more than $40 billion in acquiring Twitter.

The resignation of Twitter's crypto department head has an insignificant impact on crypto. What did Twitter do in the past that affected big time on crypto anyway aside from Musk himself using his account to hype and tweet anything that relates to crypto?

I don't think this has too much impact on the crypto space because Twitter is a social media platform, while crypto is a different thing. But we don't know why they left Twitter or maybe they really wanted to leave because they didn't get along with their new boss. And they're not likely to tell you why they're leaving and better keep it to them. And if they left Twitter because they wanted to gain experience in other companies, it's only normal that they finally decided that way. And I hope this will not affect the crypto market.

I read that Musk can now run Twitter even with just 50 people! You can imagine how Twitter went before with 7500+ people and achieved nothing. It seems that Musk’s decision to terminate the contracts with many of their employees is not a good thing, but for Twitter's efficiency it is the best thing. And it also seems that the resignation of the head and crypto staff at Twitter will not have any impact on Twitter's development towards WEB3, because in this industry there are still many young talents who are better and willing to work than them.

What surprises you? I am sure the people who came to Twitter as a very free social network without "totalitarian habits" put their soul and strength into it. And now, when those fundamental values ​​and features of the network begin to be destroyed, and diametrically opposed rules are being built, if not in everything but in many ways, they are disappointed and are ready to leave the company, where their work was crossed out in just a couple of weeks.
Moreover, the founder of Twitter is already working on a new network, the "heir" of Twitter. After that, not only employees but also users will leave Twitter. The prospects for Twitter are either the curtailment of the project in a few years, or the transformation into a semi-closed, paid, formalized social network. Of course, the example is not entirely accurate - but remember what happened to Skype after global commercialization - an uninteresting product for a small (against the background of the previous audience) group of people ... It's a pity, but this is natural selection :)

Meh.  Musk doesn't seem concerned, and frankly I have no idea what Twitter's "crypto unit" does or did.  It's probably a group that was just collecting a paycheck and deserves to be slashed.

I never cared for Twitter, FB, or any of these social media sites....but goddamn, this is an interesting time to be an observer of all this drama.  I remember vividly when those sites started going public, and I figured it was the internet boom 2.0.  I might have been completely wrong, since some of these corporations are actually profitable, but it does seem like they're all sliding downhill financially.

What I'm hoping is that Twitter survives under Musk; there seems to be a lot of politics behind it that could influence its viability, and that's kind of an enormous wild card.  Popcorn in hand and eyes peeled, tho.

This is nothing but Act of Elon.
He did not seem to be making Twitter as traditional outlook but more or less financial system now. If you go through his recent publications then many of them would state words like paid tweets, tipping the tweets, monetisation of tweets and what not. As a result various work flows are now changing.

Moreover, the first action Elon took when he entered Twitter was to fire the top management within a month. That definitely unsecured the minds of many employees. They had dedicated their hard work towards them and I believe what we are seeing now is the change which is intolerable by employees.

There's no impact of it on crypto just because she's assigned into a crypto department in Twitter and she resigns, I don't see any effect on it. Well, people are now praising Elon after having around 50 employees from the 7,500 that it has got before his acquisition. Now, he's working with the most talented and competent employees in the company. That's a lot of people that has lost a job for this known tech company but Elon is an experienced guy for this thing in owning businesses.

You are underestimating his talent, don't forget that he ran Tesla or Space very well and was the richest man in the world at a relatively young age. No one knows the exact story behind that but I believe he is doing his job well. Laying off old employees and bringing in employees is also not new, it is almost a tradition of businesses.
If you read the news about Twitter, they also just announced that they just hit a record number of users.

It is said that they resign, not fired out so it wasn't the act of Elon but maybe Elon is the reason on why they resigned because they feel that they are not comfortable anymore working with him and they think Elon is a strict guy. They are afraid that they Elon can be angry with them if they did something which Elon didn't really like. Last time there are reports that twitter workers are being replaced and now this.

I think you are right that twitter is now going to have a new look this time or there will be new features that will be spotted later on. Elon is a business guy and he paid big for twitter so he will surely use the platform to generate as much money as possible.

It feels like Elon is on some mad quest to destroy twitter from the inside, maybe it's his $44 billion dollar mission to stop the guy who was regularly tweeting his private jet travel plan - the most expensive take down in history. He really is being extremely wasteful with his money and other money that he has borrowed, crazy to think he is even expressing that it is ready for bankruptcy after he has only owned it a few weeks now. It will definitely be very weakened after losing so much talent which will be hard to replace and there are very few people who will be enticed into such a toxic work environment in future. It's impressive how badly he has managed the whole affair and how much contradictory stuff he comes out with.

but yet he reports that twitter is the most app used since he has joined. We must agree that this is corrrect.

Things are really happening this days in the crypto space. With all this I doubt if more than 60% crypto investors won't leave crypto before the next bull run.

This is a prime example on how Elon Musk can screw over something that has been working on the market- which is Twitter. He bought the company using his Tesla shares but he actually put the employees in a chaotic environment. He could have remained the workstaff as it is but when he slowly replaced the heads of the team, everything just went downhill from there.

Probably, Elon is planning something huge with this move. Since he owns Twitter, this would be his main platform to promote something in his business. In addition to that, any cryptocurrency he supports (e.g. doge, etc.) would definitely get the exposure and traction that he is planning to.

people are so much angry with Musk but I am sure he will have some better plans and idea. It is said that he is managing twitter well with 50 employees.
seem like there was over staffing in the company too

The problem with that is the fact that Tesla was not his company, it was someone elses, so it was a company already doing fine, and lacked financials due to building a car costing a ton of money, you need to hire so many people and own so many things all of which costs money, and you can't just sell the car right away, you need to first perfect it.

So, he overtook it, and bought it from the owners and acted as if he was the founder, which he is not, he just some rich guy who took it. SpaceX is similar in mindset, other people came up with the plan, and he just paid for it. Twitter was already doing fine, and he overpaid for it, etc etc basically it’s a pattern for him.

When you do have the money then you could really be having everything on what you do have in mind.You do have the purchasing power which means that no matter what project,company,activity or whatsoever in

correlated, then you could easily buy it if you like but of course it would really be costing huge money but since its his money then he has the rights on what he would really like to do.

Further development and running the company that he had bought would be entirely depending on him which means that success or failure is always there.
He wont really be that on position as a billionaire if he do things without any consideration or something that could really be that beneficial for him in long term.

Twitter staff strength has been reduced by around 90% and the platform seems to be running without any issue. And I don't know why there is so much outcry. Meta also fired tens of thousands of its employees recently. And there are indications that Google may fire up to 10,000 of its employees. Tech companies seems to have realized their mistake. They increased the headcount without any limits, hoping that such a large workforce will be useful if the scope expands in the future. The scope expansion never happened and they are now being forced to reduce their staff strength.

I personally don't think that this event will have a significant impact on Bitcoin or any other cryptocurrency nor will it damage the reputation of Blockchain Technology as a whole. Twitter has a story to tell on how blockchain technology has taken more people into cryptocurrencies as everyone shares their personal experiences with friends and family. And true a company is nothing without its employees working for it. Many of them come and go in this field. They may have fond memories of the company they worked for but nothing lasts forever.

This is reality. I don't know whether or not Twitter was at fault for firing so many people, but I don't think any tech company is at fault if they fire people just because they can't afford it anymore or because they need to cut costs. to survive in the market.

It will definitely have a bad impact on the crypto market, just like any other negative crypto-related news. The question is, what crypto enthusiasts can get out of it? Well, they can be buying at the prices no one could even dream about when BTC was around $70k. Once again we find ourselves in this situation:

$20k - I'm not buying, the price is too high.

$3k - I'm not buying, it's going to zero!

$70k - ...

I read the article and there's nothing wrong with him being strict. They resigned and they aren't fired, and, in the end, Elon approached some of the employees telling them to stay.

Tesla is now a successful car business because of Elon and with the new management, I think it's normal that there will be some employees that will resign and knowing that Elon will really change what Twitter is, there might be some who will not like how he handles the company therefore, they resigned.

Now with regards to it having an impact towards the crypto space, I don't think there is a significant impact of what's happening with Twitter in the crypto market. Twitter is a social media platform after all. Expect more changes towards Twitter in the next months now that it's under a different person already.

What can a centralized platform possibly bring to crypto if not providing genuine information to those who are interested in crypto? Nothing else is imaginable, especially since Elon has already purchased his thing. Because they recently spent $40 billion, which is still a pain in the ass, they are aiming to cash out income and increase the revenue from the Twitter badge rather than the favouritism that has been happening. I noticed a tweet that showed a photo of Twitter workers with fewer females compared to when it wasn't sold out, which is why Twitter was blocking accounts that advocate anti-feminism, which isn't a terrible thing if they lower the amount of them, Twitter will remain crypto friendly with or without them.

That's also what I think. Because the noise that Elon has made, it seems that everyone is following the incidents and anything that him and his company does.

We're too invested much on the drama and happenings to Twitter and Elon. We shouldn't attached and think of it directly that there will be an effect to the market just because of it.

Many of longtime employees didn't agree to the updated rules since Elon had bought twitter so they chose to resign due to non-compliance in terms of the rules or maybe something else but I believe Elon has a development roadmap for twitter to be better because it doesn't make sense for him to spend $ 40 million without meaning and purpose, twitter is now his project and several other projects like Telsa have developed into very successful car business projects and we hope that twitter can be developed as a good social media for the future.

Crypto news on twitter is very influential for crypto movements and some significant declines have occurred due to the impact of bad news that has been posted on twitter, even though twitter is only a social media but many influential figures can give statements that have a direct impact on crypto currency movements. Elon musk is a holder of Bitcoin and like the previous owner of twitter, so I hope he contributes to the recovery of the price of the crypto in the future.

The issued blanket ultimatum to staff by musk must have triggered this resignation from  Tess Rinearson and other crypto staffs of the Twitter social media. The Ultimatum is too rigid  and hardcore because i see no reason for a longer working hours if not for selfish test of loyalty whichis not necessary in my opinion.

This won't have any impact on the crypto market because Twitter implementation only makes room for NFT collectors to link their tokens to their profile pictures not having any direct link the crypto market has there are no crypto payment opton on Twitter

As we all know, he realized this early on and tried to back out of the sale, but the court & board forced him to buy it. I blame his principal lawyer/wealth fund manager - he's the guy responsible for aggressively pursuing this in the first place.

Elon Musk claims that he is buying Twitter to "help humanity" as the billionaire set out his aims for taking over the social media platform.

In a tweet, Mr Musk said he didn't buy the firm "to make more money. I did it to try to help humanity, whom I love".

Ok, so this statement is against of what is happening to the twitter. I read before, that Elon Musk is buying twitter just to show how powerful he is, or just for fun. Sometimes I am not sure if the legit media platform news is really "legit" is spreading the news, or its just a fake news? I just pity for those who resigns after this. They might very loyal to the company but due to different management, that they think its not healthy anymore.

what is on Musk mind - that we are unaware off.
He is firing lot of staff member and he is happy what is going on around in HQ 

I even recall the popular trends here in my local area about people saying goodbye to their Twitter account just because of this news that the people are now packing their bags away due to what happened. If I can recall correctly, Musk also fired the higher ups. Correct me if I am wrong though.

Just because Musk was like known person to be involved in crypto previously does not mean that whatever he does outside of crypto has impact inside crypto unless there was like a news of what you mentioned about "crypto inclusion" which I have not heard yet or I could have forgotten it. Regardless we should have been over with Elon already long time ago, not sure why he is being mentioned inside crypto a lot even after his "sudden popularity" back then.

Musk mentioned that the more staff he is firing the. more twitter is getting popular.
SO Musk have his own ideas and mind to do things - if he has made such a big investment - surly he have bigger plans on his mind. He is going to control the world's communication and will shape it accordingly

I don't see the good thing in that mindset of him, if that is his way to make Twitter more popular I think there's a wrong with him. He may be a good businessman and good in tech but he needs to value his people, once he value his people it will reflect to his business. In my own experience, I am working in a good where people are being taught to be truly human, even though our workloads are getting heavy we still know that our leads are great. I am working in a tech company as well, working everyday in a tech industry is exhausting, so if Elon will be our boss? better to resign and keep my mental state intact. So if this is true that he is using that for publicity then it will not be good in the long run.

New King new rules. That’s how I am seeing this operation and definitely he might have some other level of thinking and management which took him to this extreme levels. The last updated count was around 5k employees being layed off from the Twitter company which is about 60% of total employees as per my Love news article. (Please check authenticity). Anyways, that’s huge number now and it could be due to his strictness or either he found the work culture was become too lazy around Twitter office considering the traditional way of working. The future is in good hands may be, he is more or less “earning methodology” expert so hopefully he will take Twitter to the right direction in terms of financials.

Obviously we are all making our assumption but the king has his things on the mind.
Musk will do better and Twitter will flourish Like tesla and spaceX project. Musk have great leadership qualities and he has proved it.

And not only in terms of financials, in my opinion. Twitter was in horrible shape before Musk arrived. It has become a platform for conspiracy theorists, terrorists, Russian FSB bots and "users" like that. And twitter staff, they were doing nothing while getting a good payment. Musk decided to change all that and I support him.

Surely businessmen like these have something up their sleeves, unless they really just intended to destroy what they took over. Musk could have been up to something that would be beneficial for the company and for their end users, unless again, he plans to destroy Twitter over all. I am still curious to how Twitter is going to change really soon since that was really a sudden event when I first heard it. Lay offs are normal, but laying off higher ups is really something that boggled me.

This is to say also that there's never a stable job, unless you're working under the government.

There is more to the Twitter situation that most people are unaware of. It appears that during the course of the Twitter deal, Elon did not have enough funds to proceed with the deal, so he had to make some financial assistance to continue the deal, and now, according to some sources, they currently have about $13 billion in liabilities to make with a yearly return of $1 billion. I don't get why people are up in arms over what he bought with his money and other people's money. Some sources also claim that roughly 3,000 employees were fired since it allowed Twitter to save about $500 million per year, if this estimate is right, Elon is good to go.

I hope Twitter takes time to restructure in a way that suits other corporations, their current conflict with Apple, in my opinion, is unnecessary. I mean, Apple is a big company, and Elon is also big, but you can't always win. I can't imagine there isn't a Twitter app for iPhone on the App Store, he needs to liaise with them for peace and sweet revenues.

Elon Musk makes twitter look more ridiculous every single day he is in charge and has potentially done irreparable harm to the brand. Mark Zuckerberg must be absolutely loving the extra free traffic as people flock over to Facebook which seems like the next largest application. Twitter went from being a pristine place to work and broadcast from your CV, to toxic waste that is sinking anyone still connected to it. They've already lost over half of their advertisers, which is the main revenue source, so it will likely now be draining money from Elon's pockets day after day - so at least so good has come from this psychopathic maniac getting hold of it in the end.

I do not usually listen to some news pertaining company lay offs, but those numbers are not a joke even though I had read previously that back in 2014, Microsoft even laid off 18k employees. I guess it was part of cutting losses anyways. If Twitter saved $500M for that then I wonder how much worth more was lost back when Musk has not yet bought Twitter.

From how Twitter is starting to change now starting from the blue tick plan, I wonder if people would still continue to use it since I recall trends in my news feed that people are now quitting Twitter due to the recent events.

Twitter employees were fired, so the remaining head staffs probably resigning themselves before they are fired so their name may have some positive impact. But since this is about whether the people into the crypto inclusion of crypto into their platform was not anymore then it won't create that much effect to be honest but a single tweet from Elon will have atleast 10x impact than Twitter including crypto into their platform.

Elon is one of the smart business man so he isn't going to leave that stranded, if I am not wrong he will make move at the right time probably at the bullish season.

The company layoffs are bad if you consider how many current employees would lose their jobs and have to find other ways to look for work, but I think they were just fired that way. They were paid in 2 months' worth of instalments, which alone demonstrates how fortunate they were to work for Twitter. If nothing was paid, he owns his company, and don't think there were conditions attached to the transfer of the company to the new manager.

The $500 million for workers is just too much for a new firm that has debts and liabilities to clear. Additionally, some of the employees were performing remote work that might have been done within the company, there is more to all the sack talk than people are discussing.

On the contrary, I see him doing very well with twitter, the number of users is continuously reaching a record. The fact that they lost a lot of advertisers is also understandable because now Elon owns a lot of companies in different fields, the businesses that stopped using the twitter advertising service are mostly competitors of Elon.
Instead, Elon is taking a different approach that is targeting users instead of just focusing on monetizing ads, which is a step I don't like, but it's business, so it's not surprising. Everyone has a very different business mindset.

Yeah I got you there, it is really going to be painful to be one of the company's lay off. I would be even emotionally drained if I was fired from any of the FAANG companies though Twitter is not mentioned, but you get the idea. Surely the employees that were laid off would still find work at no time, since they already had that dream of an experience to work from a popular tech companies and any other non popular tech companies might consider them if not overqualified for their experiences in the industry.

The recent layoffs still surely leaves a mark for the company regardless.

Layoffs or getting fired is one of the risk on where workers or employees might able to experience but for those people who had just that experience came from a known or popular company then they would really be

having that edge compared to those who do have none or simply does have that good experience which would really be a good thing if ever they would be finding another job.
When you are just a worker then its neither gets fired or resign is the reason on why you had lost you job but these people are really that confident that they could find another place
which they could really utilize up their experience and skills. We dont know on what their actual reason but pretty sure that they dont like Elon on the ones who had been handling out.  :D
So its a personal choice and its up to theirs whether they would stay or not.

When Twitter was officially bought by Elon Musk, of course, there would be many desired changes, he bought for $ 44 billion and of course, as a businessman, Elon Musk hopes to get RoI soon, the extreme plan that Twitter will present may conflict with the ideas of most current employees so they choose to resign.

Or also maybe they are most like doesn't like by the new owner that's why don't see the working environment good for them that's why they decide to quit. Since if they see there new management love to retain them for sure they will not resign knowing how hard to find another job in times of recession and for sure also the job in twitter is competitive so maybe there's internal conflict on why those officials decide to quit on their respective positions.

Musk is happy with his progress so far he has no remorse in firing people and he has no grivences for what people are saying against him
He is going with his own pace

Depends on the job they were doing. You are talking about a senior developer responsible for a big feature to be implemented? You can fire him all you want, he will walk out the door, pick up his phone and get another job in 15 minutes. You are talking about a junior marketing design guy?

I can bet you that it will take a long time for that person to find a job, even with twitter on their resume because designers are dime a bunch and many smaller places uses freelancer and the big ones have enough of them to hire from the top of the line. Hence, just because you worked at twitter doesn't mean that you will be working at a great place all the time.

The usual thing is when there is an overhaul of the management or change of the owner usually starts with the number of employees who come out, I work several times and there have been many employees who come out when the company changes the owner, it doesn't matter because the large company can always develop and will not be difficult to Looking for a replacement for employees who have come out despite having a good reputation.

Elon Musk certainly has a vision and ambition to immediately Roi or even profit when buying Twitter, when the idea is delivered to employees, many feel different views so they choose to resign. And of course this is a difficult choice because it has to leave a world -class company like Twitter.

They're probably against plans of Elon for the company. He already fired thousands of employees which is unacceptable. I guess they're not happy with his leadership and because of this, it will be hard for Twitter Crypto to adjust again. Elon could find new employees but it will take time for them to adjust. Having new management is quite difficult to deal with so their choice is to leave than suffer.

Most of them were fired by Elon, not resigned, and I don't find it too confusing when a new director tries to fire old employees and find a way to replace his employees. This is a normal thing that happens in businesses and I would call it a tradition in companies.  He is the best businessman in the world so I think he definitely has a plan and preparation for twitter. He is changing it, let's wait and see if it will be another success or failure for twitter.

It comes to no surprise. The paradigm shift he imposed onto the company's development team is just something that is too drastic and yet takes little to no effect on the general user-experience. If anything I am seeing more and more bots and ads where he promised a massive decimation in the number of bots on everyone's timeline is underway. Musk is a good engineer and a businessman for that matter, but I don't think someone who has literally little to no social skills, let alone the means to empathize to other people is the right fit to sit atop one of the biggest social media sites as of now. We've seen what utter chaos twitter has been these past few weeks, twitter accounts getting banned for impersonating him when he promised a "comedy is legal again" approach. Man can joke about his opps but couldn't take a joke against him.

Many employees have been fired since Elon took over as owner of Twitter, but it usually happens in a company because old employees are no longer needed or replaced with new employees. I wish twitter was better in Elon's hands, but so far there haven't been any significant improvements to twitter other than implementing an $8 fee for the blue stick.

Not only that, maybe there are employees not being fired by Elon but just decided to quit their job because they don't like their new boss.

And then there are employees just getting fired even if they like their job, but they don't have a choice.

And then Elon admitted that he lay off a lot of employees to cut cost because he just spent tons of money acquiring it so the operational expense should be cut right away. And then the $8 fee for being blue badge is another way to make money ASAP.

I just read - CNN also fired so many employees
This is common. and inflation and recession is for sure - one should have a side hustle to save oneself from the depression and anxiety of job layoff

Don't equate the company where you work with a company like Twitter :D. Because in a company like Twitter it's not the employees who leave on their own with the intention of their own heart, but they are fired by the new owner for some reason. And it will never be the same as another company or like the company where you work, because you have to be able to distinguish employees who were fired from those who left themselves.

Employees also have a choice when the owner of Twitter changes with a concept that may no longer be as usual so they choose their own path by resigning. And people like Elon Musk I don't think will influence or falter on this because he still has the ability to bring new employees into the Twitter company.

Elon musk have a good vision and he is a successful businessman he will do good with the twitter too.
Some of the employee has mentioned that he has not shared the five year plan - I think the employee were more is hurry than the owners.

there is a huge lay off being done by the great companies.
I dont know why is it happening but the things are not coming in control the COVID and Russian war and afghan war has brought so much destruction in the world

I think the factors that affect Twitter employees come out is to feel depressed by the ambitious new owner's plan, they must have a vision that can be realized so that they feel difficult and choose to get out, if there is one person out then usually will be followed by other employees because they have worked together for a long time so that you have emotional bonds.

Not depressed but anxious. They can also feel pressured if they think that Elon Musk is too ambitious because they will be demanded for a much harder work but instead of thinking negatively in advance, why can they think positively instead?

If only they will learn to work under pressure, they will feel that everything is going to be easier for them eventually and once Elon got satisfied for the work that they have done, maybe they will be given by a huge reward. Not only that but they can also get promoted and then their salary will increase. I know it's hard to stay once your co-worker leaves but you shouldn't follow the mindset they have.

Sometimes when a comfort that has occurred for a long time is disturbed because of changing the owner and changing the habit will certainly make the workers depressed and the best option is resign, I have also experienced it, when there is a change of management, the new manager asks for things that I think is heavy and the road The best for me at that time was to find a new job and immediately get out of pressure.

In a good movie of this year, Triangle of Sadness, it was said, “growth for the sake of growth is the ideology of the cancer cell.” I think Musk is not like that. He has enough of money, his estimated net worth is around $181 billion. He's smart enough to understand that adding another $100 billion to that will not make him happier. What he is doing in the recent years, not  only with twitter, is he is trying to make this world a better place. And he is succeeding in that course, in my opinion.

It is certainly very bad that crypto specialists are leaving Twitter, but others may simply come in and they will be able to complete all the necessary work. However, even if they don’t happen, I don’t think that this event will somehow affect the crypto market, because Twitter itself is not currently working with cryptocurrency, which means that all events taking place on Twitter do not affect the crypto market. Of course, I can be wrong and there is something that we do not see, but from the visible information, I hope that the crypto market will not receive significant changes due to the situation with the departure of crypto specialists from Twitter.

This obviously won't affect anything on the Crypto market but it will affect Twitter itself.
I personally don't really like Elon because sometimes his ambitions and expectations always lead to a lot of fans and I don't care about that. But when I'm in the word "Crypto" there I always see the updates that are happening there even though I don't really care what they do but it never hurts to know the developments that are happening there.

What impact will this have on crypto? I don't think so, actually I don't even think it's bad news for crypto.
Elon Musk is an ambitious man and I don't really follow anything he says on social media. I have no interest in him even though he seemed to support bitcoin before. He is free to do anything for his company including firing and imposing strict rules there, that's his right and I don't think this will impact crypto, especially bitcoin.

The simple principle is, if you don't like working for him then leave. But if you like it, then follow the rules and play.

If you truly believe that he is doing all he is doing just to make this world a better place, then I am very sorry for you. First of all, a "better" place according to who? Maybe some people will like it, and some people will hate it, how are you deciding who it is better for?

Secondly, is Elon the one who will decide what is better or not? Lastly, I understand EV, tesla is great for the world, but how about twitter, how could that make our world any better? Not a chance, it is a cesspool of worst parts of our humanity, and terrible things are said every second there.

All in all, he is there not to make money for sure, but not to better it neither, just for being a child man and seeking attention, that's what he likes, that's why he does things. He could have 500 billion dollars networth unknown person and be sad, compared to someone with 50 billion and known like him and be happy, that's what he wants.

As we know that Elon Musk bought Twitter with a value of around $ 44 billion, of course, as a businessman, he must have ROI's calculations, when he sees many things he wants to change from employees and the employees feel as pressure then they immediately resign and look for other challenges.

There is no doubt that Elon Musk's reputation as a businessman, he has a clear idea and concept so as to make many employees feel unable to fulfill the concept of Elon Musk and choose resign, but this is common when there is a transfer of management or ownership.

is so pathetic that employees who have given their all to Twitter would depart after they have raised Twitter to its standards. I wonder what would have led them to choose to stop working when the ownership changed.

I don't think this will have much of an effect on crypto in general, but rather on Twitter. Due to Elon Musk's new rule on the $8 monthly payment for verified Twitter accounts, many people will stop using it by then will find another alternative to social media handle

Many employees have resigned and some of them have been fired, that's why it's a risk when the company has a new leader because some employees will be removed from their positions, but employees who play an important role in increasing twitter should be maintained, but I'm not sure that elon will do that and he just have how to increase costs again for twitter account users.

I agree with your thoughts, many people are criticizing and defaming him. It seems they are just jealous of what he has achieved rather than giving the fairest comment. Although he is an entrepreneur, his vision is not just how to quickly make a profit or recover a loss, instead, it is a long-term strategy.

I don't remember reading somewhere saying Twitter will come up with an upgrade, and they will delete 1.5 billion bot accounts. This is the most annoying thing on this social network that the previous owner could not solve, showing that what he's doing is making it better. Let's wait for a new look of Twitter and we'll see if he's right or wrong.

Musk is doing good thing for the twitter. he will soon be removing so many accounts which are inactive
Also he has removed so many employees - and reduced the cost. Many people are in hurry - that he should have shared a 5 years plan - but most of the time plans change all together.

Probably, these people resigned because of Elon, his new set of rules might be against the will of these people that’s why everyone had no choice but to leave the company. But we also know that Elon won’t be triggered by this, he could even bring his own people to work for the company and let those old staffs disappear. And of course, having few staffs to pay will give advantage to Elon and that will make him dominates in his new owned company.

After buying Twitter, of course Elon Musk sees that many things must be improved or changed, when it is conveyed to employees, they feel this is not in accordance with their ideas and vision so that they choose resigns, until now there is no official information whether Elon Musk will continue Crypto Project or not.

his other projects are a success and surely this will be a success too
Now I have read that Musk has ordered to remove 1.5 billion accounts and it will free up space for the people and the regular user. Good news for the people who have difficulty  finding names 

Whatever be their reasons for leaving, it is worth it. Life is too short to remain in a place where one doesn't have the energy to perform or tolerate a boss or leader who never knew much about the system before acquiring the system.
Musk is just doing business. Perhaps his ideologies and impositions don't sync well with those who had been behind the current success of Twitter. Patience is one virtue the employees who are left standing should exude. Musk has his own ideas that he intends to implement and who ever doesn't agree with him as seen, is always free to sign out, please.

Elon does have the full rights on what he would do since its his company now and he had bought it and if he do sees that he would be making out some changes which it might be totally opposite on what employees
interest then they would definitely be resigning nor get fired.Its up to him and he had the power or rights on doing so.If those head and staff resigns then its their choice and knowing that replacing
staffs cant really be that hard if Elon wants to.Whether he would be hiring or solely be running this company.
He had dissolved or fires the Twitter board and make himself the sole director.
https://www.aljazeera.com/economy/2022/11/1/elon-musk-fires-twitter-board-making-himself-sole-director
He had all the power and rights so there's nothing we can do about it.

that is correct - people don't have patience and they want things to be moving the way they want
I read one of the employee said - Musk just joined in and he has not shared with us 5 years plans. While all these employees were fired in next 5 days.
Why would they want to have a 5 year plan at the time when there is so much uncertainty

I think all those who are resigning are either in bit of hurry or are too over confident to get the job right away
But I have when there is a downfall in companies most the people quit - that is what is happening in twitter. They should have had some patience

It is really hard to work in an atmosphere where one wasn't able to tolerate the activities of the boss. Yesterday Twitter have started its service based on premium. Few hours Twitter was completely down and slowly the blue tick is added to the users who had paid the premium. He's into pure business, and Twitter is going to cause him downfall. Already the market value fluctuation and Musk selling big volume of his shares have landed him down from the first position on the billionaire list.

In my opinion it is common when employees resigns, they feel there is something more promising if it comes out, sometimes the factor of saturation also makes people resigns, I also resigns several times at work, the main reason for being bored with routine and congestion on the road, working as marketing Those near home are more fun because they have plenty of time to find other sources of income.

It's normal in companies, if it's not Elon but another billionaire, the old employee will soon quit or be replaced. As a leader, they will always have their loyal team, when they take over a new company, they will change personnel and those loyal to them will be the best choice. I used to work as a manager for businesses and when I take a job at a new company, I always do the same thing. I believe in the person I choose and follow me for a long time than an employee of the old manager. That is the harshness of life.

"What is better?" is not some kind of philosophical question here. Having at least some basic food is better than not having it at all. Having water and electricity is better than not having it. These kind of things.


Twitter in its current state is hardly making our world better, but that's why Musk has acquired Twitter - to change it for better. He paid  $44 billion of his own money for this opportunity. Who else could do that? But someone should. Twitter was really in a bad shape.

Of course this is a tough thing for elon musk, the vision to receive cryptocurrencies on twitter can be delayed and he has to find a suitable figure to fill the void, sometimes businesses really have to make new things or concepts to survive and compete with others.

On any business then it would be a never ending kind of considering on applying changes or services which would really be needing for a business to sustain for long term.Elon isnt really that someone who cant

foresee those things which is really that impossible. Any owner would really be trying out their best on putting up on whose really that worth for the said position if ever there are ones who had resigned.

It cant really be just avoided that there are really those people who cant just accept nor able to bare out if ever there's a change of ownership or the ones who do have the authority.

Internal conflicts always happen to the company and maybe those official use to work with their old boss and they cannot blend well with Elon Musk since maybe he have different outlook towards certain points on where he want this things going. For sure he easily replace those guys as there are so many people seeking a job and can able to work well under his management. Elon has a lot of money and power so he can do anything he want especially on his own territory.

      We don't know the real reason why they resigned, and I also think that's normal in a company. And many people can replace Elon Musk because many people are looking for work or need it.

You know those who resigned worked for a long time at Twitter and they saw that they could get a lot of money so they preferred to resign from their jobs and maybe when they get their back pay they will build a business too, we don't know if that could be the reason, right?

Elon Musk is already running several businesses now and in the current conditions, Elon Musk's own business is still surviving, which means Elon Musk has the ability to manage every business he has started in the past so he also has the ability to overcome every problem he is facing at this point including the problem you mentioned. Because you can see and conclude for yourself that Elon Musk is still a very reliable businessman today.

I just recalled how hard his journey was when starting the Tesla as well as space X. He just said that he solved the biggest problem he encountered in life; if he hadn't solved it, then he said Tesla would be closed, and there is no Space X. Imagine he is working 100+ hours a week and even sometimes he sleeps in the facility to do his work. I don't know if he is still human, but he is the smartest person in the current day. Also, the way he talks and how deep his thinking is, he isn't just a businessman, but he is an innovator and a problem solver kind of person.

Agree with what you say, even though in this case I don't really like this one billionaire but on the other hand we can't get rid of the fact that he is a pretty great businessman regardless of how he does business but indeed sometimes his words in business are very influential for most of his followers.
This is a normal thing for him so in this case I don't think it will have too much effect even though it will be a bit of a hindrance.

Of course those who resigns will not give reasons to the public, this is everyone's privacy, usually if there is a change in management will make new policies that they might not like, the best way for them is resigns and find other jobs rather than having to feel depressed or not according to their ideas.

People do resign in other companies also like Meta but not on this scale. This why in Twitter's case , it has become headlines.

I can't believe that you could idolize people like that, which is a bit weird. First of all he owned 3 companies after paypal deal, and spacX was one of that which got help from NASA, meaning he paid a bit to build it of course, about 100-150 million if I am not wrong, but NASA bailed him out, he wouldn't be able to do shit if NASA didn't give him that money.

Secondly Tesla was already a car company that sold cars before he got there, but they lacked funding, instead of funding them, he bought them, which is great sure, but Tesla before him didn't pre-sale cars, he decided to take money and give the car 6 months later type of stuff, which worked out for him. I could give many reasons why he is not as big of a deal as people created, he is amazing at investment, but nothing else, he didn't had to work 100+ hours a week, he was there to fund the engineers, nothing more.

We also need to know whether this condition is also caused by the change of owner from twitter. They may not be able to work under their new leadership. So that the resignation of several employees of the social media platform will not have an impact on crypto.

We know that every time there is a change of leadership there will be a change in the rules and all forms of work that are applied, or there is no meeting point between the owner and the employees in the work contract. But unfortunately, the one who stepped down was the head of Twitter's crypto development team, which might have an effect on crypto.

Well, Twitter's crypto implementation has been ass so far, so I'm not surprised.  Elon probably has his own crypto guys and wants to be able to trust the developers working on this sort of thing to keep any surprises from happening due to some liberal developer with a grudge.  I think this is probably a good thing and maybe Twitter will play a bigger role in crypto than any of us currently envision.  Regardless of the why or what's coming, when it comes to firing employees at Twitter, I think Elon would have a hard time going too far...  That was one company that went off the rails and Jack shouldn't be excused of his role in it happening. 

It would neither be a hit or miss with those kind of changes that he would made but i agree that he would really be having those set of people who are already in line on trying to patch up into those people who had

been fired and make out some resignation due to that new management and ownership.It is really just that impossible to think that Elon doesnt know on what he's doing.He wont really be a Billionaire for nothing.

He had some plans whether he is really making out a total overhaul or changes on the recently owned company which is Twitter.Im not surprised if there are lots of
employees and staffs who ended up on not liking with the new management and this is why we do see these things.You cant please anyone though but honestly
i dont really see any difference unless if you dont need up some paycheck as an employee. :D

Effect on cryptocurrency?
May I remind you @OP that these are individual companies that operates differently and independently. While one offers financial gateway, the other serves for communication of developments in the space. Twitter remains a path to cryptocurrency publicity but so is Facebook, Instagram, Reddit, LinkedIn and may other social media out there. Twitter employees dropping there jobs have got no effect on crypto but rather on twitter. At least, the platforms or accounts existing on the platform will still run normally and so would the developments in the crypto space.

Since it was bought by Elon Musk, of course Twitter had to change for the better, Elon Musk certainly has a big ambition and vision and this is a pressure for employees, the best thing for employees is resigns and finding new workplaces that are in accordance with the skills while working on Twitter.

Yes, I just hope that it will not be used for personal agenda, Twitter is my first home when it comes to crypto, unlike Facebook it doesn't have so many restrictions we can easily use Twitter as our gateway for crypto not like Facebook, it happens last time when people want to share their stream using and playing nft Facebook prohibits them and then after some months they show their interest in cypto, I hope you all understand what I mean. The reason why staff resign, maybe because they are no longer in the same wavelength.

People have their own freedom to choose, and their choices have shown that leaving the company instead will make them live in peace. They are just the same with other regular employees, that when a new head rules the company, there will always be people who are force to leave because they can’t stand the new system patterns, so leaving would be the best resort than staying where they can’t be productive at all.

This is not really new to us seeing old staffs resigning when a new administration sets in, and knowing the fact that Elon has its high greed on money, surely he will implement lots of additional policies that will create higher standards for the company. So if people can feel the pressure while working, it’s better to just leave the job and find some other means that will provide them an income.

Some people have no choice but to make an exit because if they continue working, it would still be useless since they can’t cope up and adopt with the new rules and policies that Elon strictly implement. Elon is known for being a wise and smart businessman, so probably the old staffs too feel they are not the ones whom Elon are looking for so they decided to leave, even if Elon has requested for some executives to stay.

I think it's normal when employees leave, people who work at top companies like Google, Chevron and so on sometimes they get bored with the monotonous work atmosphere or maybe they are looking for new things like better income, or want to become entrepreneurs.

Elon, of course, wants to change Twitter for the better according to his size, and when they see something that is not good, they must be able to follow the rules that are applied, Elon Musk, of course, must think that $ 45 billion can come back soon, so that makes him have to do a lot of things on Twitter .

I think those people don't have any authority on Twitter because all authority is in Elon's hands. so in my opinion as long as elon still cares about the crypto then the crypto will be fine. I'm sure those people left because they no longer have the same opinion as Elon, and as we know sometimes Elon has plans that no one can predict.

Not only Tess Rinearson, after Elon Musk issued an ultimatum, many employees resigned. The most basic reason that Elon Musk emphasizes long working hours. But Elon Musk said that he was not worried about the resignation of some of these staff, because there were still many of the best people who stayed and continued to work.

But on the other hand, this condition will make the company not at a safe point. We know that every employee who works, of course, has a myriad of secrets that he has. So that when they leave or are fired from the company, they will bring everything they know. At a minimum, it will become a new rival in application development.

However, this has no impact on crypto in general. Because the crypto development planned by Twitter is still in the development or planning stage, so it has no effect on the exchange. If the crypto they develop is already circulating on the exchange, of course it will have an effect on crypto in general.

Twitter is doing well. In the presence of Musk
He is happy with his decisions and he will take the twitter to another level - that is for sure

I personally am glad that the world is finally seeing Elon Musk for the person he truly is and not for the person whom he's not.  Elon has never invented anything of my knowledge and for all intents and purposes seems to run business pretty poorly.  He's mostly made it money around hype and smart business savvy (being a great bullshitter).  I don't see Twitter working much better than any of his other companies as he seems like a toxic asset and one that's coming from the very top.  I would have left twitter too if I were them.

whatsoever the world is behind Musk - following him seeing what he is doing
Twitter has flourished since the time Musk has taken over - now he will make the whole world talk and think the way he want.

Has anyone checked the poll Musk has uploaded. He has asked people to vote should he step down as a twitter head and many yes.
With more than 17 million votes casted - 57.5% people said he should go.
User voted to remove Must as head of plarfrom

Elon said he will follow everyone's choice and that if he does, he will leave the position of CEO of twitter and he needs to find someone more suitable to take his place. But whoever replaces him, he is still the biggest shareholder of twitter, so he is still the ultimate moderator of it. And a little doubt about whether that vote is real or faked by bots, we all know that twitter has too many bots.

Maybe he is just measuring his popularity on the platform, so he can start planning his next steps based of the currently view people have on him. The ambition of this guy has no limits and I have a very negative intuition regards him. He could step down as twitter head, but it doesn't mean he is going to stop ruling twitter in anyways. It's easy to put a sockpuppet on the front while controlling everything from the backgrounds. Actually, it's a very common practice in many companies and governments around the world.

We might be seeing much greater resignation in time soon because is like the matter is becoming worse everyday because it looks like Elon Must is not ready to negotiate with his workers to make sure that there problem is resolved and everybody going back to work. If the resignation continues Twitter would have to face the outcome of having insufficient workers to operate and make sure that everything is in proper place.

It is not entirely clear what is the reason for the fact that he is resigning as head of Twitter! How do you imagine it? He bought this company and why do you think all this noise about his departure from the post of head? He bought this company, and he will definitely be its chief executive officer, and the fact that he left the post of head does not mean anything at all! It even sounds paradoxical to buy a company and not manage it!

No. This will never happen. There are literally millions of people who want to work on Twitter. Maybe not all of them are properly qualified for the job, but, I'm sure, thousands of them are. Those who quit these days will be replaced, and there's a good chance that they will be replaced by better workers.

As for the Crypto head and staff in particular, imo they are easiest to replace.

Anything related to Elon Musk, after buying Twitter, of course, often becomes trending and makes many people want to know the latest news, and in my opinion, if someone resigns from work, it's normal and often happens, don't worry, because the team will look for suitable or better candidates. than those who have resigned, and with a salary offer that is of course large, it will not be difficult.

I don't know if there are literally *please everyone stop using that word to emphasize your point* millions, but I would venture that there would be enough new hires to keep the whole shitshow running.  A fucking warren of rabbits tripping on LSD could probably do it, with the only problem being that rodents don't have strong political biases, and that's what each side of the spectrum expects.

On a related note, it gives me sweet moments of glee watching Youtubers like The Quartering going into full crybaby mode based on what Elon Musk tweets.  Musk just gave The Quartering a fuckin' square rootening for thinking the former ever gave two shits about what the latter had to say about anything at all.  Reality checks are things of beauty when doled out harshly and very publicly.

Every case of layoffs may have internal problems that have never disclosed the facts, news sources revealed that after he acquired Twitter, he fired thousands of employees to increase the company's profits because he bought the price of the company Twitter with the highest bid, maybe that reason can be one of several factors for employee termination decisions. The case is not related to crypto so the employee problem is an internal matter of the twitter company so it doesn't involve crypto influence.

Very interesting advice to see that Elon will not let all of this go to waste so you should look for other opportunities that might make you happy. It might get complicated but we will all get what you want.

Musk has made a poll where he has asked if he should step down as crypto head 17 million people casted their vote and the suggested him to step down.
He agreed to it and said that he will step down once he find the successor.

He is a rock star and he owns the big name. People are after him. There are so many things to learn from him. Than to criticize him.
I think we all need a break - and let him do his work.

Musk isn't really a man of his word and time has taught us that. That megalomaniac only desires power and money just like the majority of the world population which is why people's opinions wouldn't really affect him a lot.

Rockstar? Musk? Lol! He is a prodigy for sure, but he isn't perfect just like everyone else and he managed to drag his reputation down the gutter within a short period of time thanks to his bad handling of Twitter etc.

The biggest lesson that we can learn from him is to not lose oneself because of power, money etc.

Elon Musk only want to gain fame, power and wealth continuously regardless of his reputation and he even doesn't care for others. The long time employees of Twitter are loyal to their old management and for sure, they are not comfortable with Elon's leadership.
Maybe Elon should be admired when it comes to handling his businesses but his thirst for power and fame is disappointing and it's something that we shouldn't admire.

First, his staffs resigned, and now Elon Musk himself resigned too from his own company. I think he’s smart enough not to focus on Twitter because if he did that, he will lost focus on other of his main businesses before he owned Twitter. Although there could be some specific reason, but Elon will surely not reveal it for his own privacy too.

I think Musk came to clear the junk and get an idea of how the internal things are going.
Now he had cleared most of the staff - he will make his own team and hand over the operations to them

Just check the records of all time billionaires who made it to the Forbes list, the way Elon became the richest man was through Tesla stock that skyrocketed and the most surprising thing is that Tesla started pumping during the bitcoin bull run, if not for his love for Bitcoin back then, most people don't know him but because he was one of the wealthiest people to publicly admitted his love for bitcoin, and with the help of Twitter, so many folks have become rich and financially buoyant through him, that's why anything he tweets become a trend even before he bought Twitter.

It is a "fact" at this point that Elon Musk is out there trying to take the attention he so craves, it's sort of similar to Trump if you ask me, not the policy or anything else, I mean the character they have. They do not care if they are loved by the bad people, or good people, it's not really relevant who loves them, they will take the shape of those people and be loved by them and be happy about it.

You could have democrats magically suddenly love trump and republicans hate him (no way it would happen in real life) and you can see how trump would suddenly support democrat ideas. Same goes for Elon, he turned twitter to a republican cesspool and it's fine, that's not a bad thing, he is running away ads, and their only income, it will bankrupt in a few years for sure.

But it's not easy as it sounds though, unless the people that Elon will hire really knows the internal workings or Twitter itself. So they need more time to transfer knowledge to the new personnel and it will take months because Twitter is a huge company.

And this new team will also have to adjust to the new environment because for sure there will be hostility from the old employee themselves. So not going to very easy when they take over the operations day to day.

in every change of ownership, it is certain that there will be a reshuffle and that is only natural and everyone will definitely experience something like this, including Twitter. if it is not replaced it is likely to resign because there is no match in every step of the new owner.

as you said, that there will always be new candidates and you can be sure they will have the right specifications, and there is nothing to worry about even though they might only have an effect at first and will work well in the future.
if indeed the replacement candidate is taken from someone who has no experience in their field, of course it will later have an impact even though there will be corrections in the future.

Elon Musk is indeed a proven businessman and will be able to handle everything well even though there may always be things that could go wrong but the possibility for quick corrections can be made because of his proven reputation to date.

The essence of work is always associated with attendance lists, the quality of workers and targets achieved, but companies often ignore the concept and work style of optimization which can be achieved even if you don't have to follow company rules. For me, the concept of working in an office today is confusing, there is no freedom given to workers, because they are always bound by the system they design, even though work patterns can continue to be carried out according to individual styles and targets can also be achieved.

Elon Musk applies a robotic way of working, because it is designed according to the wishes of the owner. "work extra hard or leave". For some people, following rules like this is quite uncomfortable. We can still garden and farm to meet our needs, both secondary and primary. Leave this work system, build your own business because life is much more independent.

That is correct. ... but the new staff brings in new energy as well.
Musk recently created a poll where he has asked people either he should stay or resign - and 17 million people said he should resign - he said he will follow the poll and will resign - till he finds the successor.

Musk did call back the people who were needed and who were important to them.
He called back the secuity head - who he has fired and then they were all locked in the office. The staff member tweeted it and Musk thanked him there too.

I think in all big companies if there is a resignation or indeed being replaced, it is certain that the company will still be able to run well, because there are levels of staff below who are sometimes more capable than their own superiors, but do not have that opportunity. maybe with a change there is a possibility that staff who have been working well so far, will be able to contribute more with the new position.

but if indeed what you say is true, that there is indeed Elon Musk's desire to resign, of course this could be good news or vice versa, because Twitter is of course a big company and needs special attention. But will Elon Musk just be an advisor and give those who understand more about Twitter more opportunities to manage it better. We are waiting for further news and what will happen in the future.

Elon Musk has full control over the Twitter company at this time, in various media that I have read he has started to dare to urge the Twitter team to leave if they don't agree with his thoughts and it seems he has other workers who are more trusted. Eric Frohnhoefer as a Twitter software developer has also been fired because of a dispute with Elon Musk, this is proof that Elon Musk is very anti-criticism and the reason for the dismissal actually sounds very simple, Elon Musk accused them of violating company policy.

The dismissal was carried out through a tweet on his personal Twitter and via an employee's email. What Elon Musk did makes no sense at all. Until now I haven't seen any news saying that the dismissed employee has been called back to work.

He  is working fearlessly and like a boss - those who want to work with him can work - those who don't can leave.
I read somewhere - an employee at twitter committed that Musk joined the company and has not shared the next five years plans. What he has to do to next five year plans? the owner would have that on his mind. The employee is no more an employee of twitter. LOL dreaming about the next five years plan. What the hell.

I do not think he made any mistake by asking him this. And if Elon fired him because of this, it is not a wise decision. If you let go people of that talen level from the company because they question you, you are bound to fail one day.