If you consider that engineers cost about $1000 a day and he got rid of 4,000 of them… oddly it works out to about $4 million per day.
I’m not an expert in math but it’s seems pretty possible.
Plus they’ll have a lot more impressions to sell now that people are allowed to speak. Ad rates might drop but then someone will write an article about how they are getting great CPC on Twitter and everything will be back to normal after the blue checks have their sob fest.
Dead cat bounce. Engineers are paid $1000 a day because they create value to the tune of $10 000 a day. So maybe you saved $4 million a day in very short term, but now the momentum is gone, and soon you will not be earning $40 million a day from the value that now was not being created, just in a "few" short months.
I wish Elon the best, but he could have hired his own team of "hardcore" engineers and put them to work 80 hours a week, spending a fraction of the price that was paid.
> Engineers are paid $1000 a day because they create value to the tune of $10 000 a day.
If this was true then either the non-engineers in twitter have been destroying many times their salary in value or twitter has been obscenely profitable these last few years.
SWE are not assembly line workers, they are the people that build the automated assembly line. It’ll keep functioning well enough without them and with a much smaller team performing maintenance. I’d even bet on new feature being released faster now that they’ll be owned by highly motivated individuals instead of committees of managers and randomly assigned engs.
I’m not an expert in math but it’s seems pretty possible.
Plus they’ll have a lot more impressions to sell now that people are allowed to speak. Ad rates might drop but then someone will write an article about how they are getting great CPC on Twitter and everything will be back to normal after the blue checks have their sob fest.