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by systemvoltage 1325 days ago
NYT said they’ll have mass layoffs by Nov 1 because of stock compensation expiration. It didn’t happen and Musk refuted it outright.

https://twitter.com/austen/status/1587458237414068224

My generous take on this: Media is incompetent and they need to do more due diligence.

My cynical take on this: Media is losing its power and influence, this is the last ditch effort to smear opponents.

3 comments

Media organizations are distraught over losing control of the gated institutional narrative. The disintermediation process is continuing and many "news" media outlets have debased themselves to the point that they now write low-effort articles about what's trending on Twitter.

To their credit, the New York Times still does a little bit of real investigative journalism. But their standards are low and they tend to uncritically accept anything that matches their editorial bias.

I completely and totally agree. They have been replaced as the gatekeepers for public "information" and are now seen as a sloppy middleman with a penchant for lying and pushing absurd narratives people with common sense wouldn't buy in a heartbeat. Its why trust in these sad institutions are near a record low:

https://news.gallup.com/poll/403166/americans-trust-media-re...

My take is that the person screen-shotted a pretty carefully chosen part of the actual article.

The actual article contextualizes the event as "Elon Musk planned to begin laying off workers at Twitter as soon as Saturday, four people with knowledge of the matter said, with some managers being asked to draw up lists of employees to cut."

So of course this screenshot this person tweeted takes a paragraph from the middle, out of context, which makes it seem like a blanket, unqualified assertion.

hey, i didn't know that guy started a new boot camp. what happened to lambda school?