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by IMTDb 1313 days ago
> The best case is that this will be his Steve Jobs Exiled From Apple moment

Didn't Steve Jobs return to this company when it was bleeding money, cut 4000 employees as his first move and turned it into a cash cow ?

1 comments

Despite recent stories making this claim, no, not exactly. The 4,100 jobs that were cut in 1997 -- 2,700 full-time and the rest contract and part-time -- came while Gil Amelio was still CEO, and there's a bit of revisionism in attributing it just to Steve Jobs having been brought on as an advisor. Apple had already laid off 2,800 people in 1996 and the cuts in 1997 were widely expected by analysts. They were made with Apple's existing executive team intact and were executed in a considered, directed fashion. I do not think anyone can make a credible claim that Musk's approach so far could be described as considered and directed.