[calimoro78]

(1) You can't assume losing half of staff is a downside. RTO is a great solution for bloated companies which overhired during the pandemic. (2) On the flip side, RTO is only a lever for large tech companies who pay great salaries. Startups' advantage is that they can compete for talent by offering remote work that large companies are not willing to offer due to their large real estate commitments. You may just be better off embracing remote work forever.

[logicchains]

>You can't assume losing half of staff is a downside. RTO is a great solution for bloated companies which overhired during the pandemic.

The problem is that the less talented staff won't be the ones leaving; it'll be the ones with more options that leave, i.e. the more valuable staff.

[afavour]

> RTO is a great solution for bloated companies which overhired during the pandemic

Not really. A bloated company that overhired during the pandemic would presumably like to choose who they let go.

[WinstonSmith84]

On the flip side, it's expensive to lay off people whereas people going on their own is cheap. When the CEO is looking at short term margins, which he seems to do in the article, it's all positive to cut by 2 your biggest expense for "free".

Challenges will arise in 6 months or even later, but maybe Arison doesn't really care. He's been CEO since barely 1 year and may leave the boat when he will boast massive profits before a downturn.

[anononaut]

Obviously, but if we're talking about scales like 50%, it's probably more efficient to roll the dice.

[piece_of_mind]

> You can't assume losing half of staff is a downside. RTO is a great solution for bloated companies which overhired during the pandemic.

Grindr didn't have a bloated staff. It had less than 200 employees, half that sw engineers. Tech stack is modern, solid and has no legacy code in it. It wasn't stripped to the bone, but now the company lost any fat it had, lost all muscle, and some bones in the process too.

The salaries were not high, but people enjoyed working there because they were at the same time helping the LGBT+ community which majority of employees were a part of.

[hathchip]

> You can't assume losing half of staff is a downside.

Said Elon Musk about Twitter. How's that working out for him?

[ikomrad]

Great.

[dghlsakjg]

"Elon Musk says Twitter’s ad revenue is down 50% and cash flow is negative" https://www.cnn.com/2023/07/15/business/twitter-cash-flow-el...

[skyyler]

Ha, I thought this was positioning for the new lawsuit when I clicked the link, and then I saw the date.

It really isn't working out well, is it?

[vuln]

That has absolutely nothing to do with the number of staff. It is directly related to the ADL’s campaign of convincing advertisers to pull out. It appears there will be a lawsuit.

https://amp.cnn.com/cnn/2023/09/05/tech/elon-musk-adl-lawsui...

[callalex]

Just because Musk says something doesn’t make it true. In fact it usually means the opposite.

[vuln]

What about the ADL itself? Here’s their call to action against Facebook. Why wouldn’t they go after twitter… Oh wait they did barely one month after acquisition.

https://www.adl.org/resources/letter/open-letter-companies-a...

https://theweek.com/controversies/1018137/one-month-after-it...

https://forward.com/news/556095/adl-twitter-advertising-boyc...

[supertimor]

I mean, Elon is also blaming the CCDH for his loss in advertising. He’s not exactly an unbiased source here. Just because he says it, doesn’t make it true.

[vuln]

Do you have any sources or insider knowledge that you can present that would put Elon himself on the hook for loss in advertising? I’ve replied to multiple comments citing ADL CCDH and others actively seeking to sway advertisers away from twitter using “research.”

Instead of presenting a counter argument with facts or data to back it up you resort to calling Elon a liar. It obviously shows your bias. You can believe whatever you want to believe.

[throwaw1yyy]

It’s gotten a lot speedier. I’ve been impressed

[cratermoon]

For very small values of 'great'.

[throwaw1yyy]

The app is a lot faster and so is the mobile web client. They are shipping

[cratermoon]

It's dead simple easy to make things go faster if you take away features like blocking and limit users to reading a few hundred posts a day.