alt Hacker NewsYou cannot attrite 40% of the company in 5 months, without creating an incredibly toxic environment. Dorsey knows this; ultimately he lost Twitter over his inability to right size it. I would bet dollars to donuts he promised himself he wouldn't do it again - under no circumstances is 40% cut over six months preferable to a clean fast cut.
Replies
ezfe • today at 4:18 AM
Voluntary severance/ERO is possible without a bad culture. I’ve seen it done, people love it.
croisillon • today at 5:47 AM
a donut costs way more than a dollar so losing your bet makes you win?
Sure but 5 months isn't the comparison. They state that they're cutting early. We don't know the exact position, but perhaps over 2-3 years would be ok, and 40% in 3 years isn't unheard of, particularly in the valley, and particularly with incentives.