If they go back to that count they will survive. The company had 1,000 employees in 2012 and had 200. Gurley continued, “This is also why everyone rooting for Twitter to ‘functionally fail’ are going to be disappointed. Bill Gurley, general partner at venture-capital firm Benchmark (and an early investor in Twitter), wrote on Twitter, “One of the reasons companies routinely do 3 layoffs instead of one is they are almost all afraid to ‘cut too much.’ They fear ‘hitting bone.’ But they VASTLY underestimate how resilient companies actually are. As of this writing, the Twitter API Status page indicated “all systems operational” and third-party uptime-monitoring service Downdetector showed a relatively minor number of error reports from users.Īt least one Silicon Valley veteran believes the fears that Twitter will go belly-up over the major employee exodus are overblown. Update your settings here to see it.įor now, there don’t appear to be signs that Twitter is in imminent danger of shutting down. This content is not available due to your privacy preferences. Earlier, Musk had tweeted, “The best people are staying, so I’m not super worried.” “And … we just hit another all-time high in Twitter usage lol,” the tech mogul tweeted late Thursday. Is Musk distressed that his pricey $44 billion purchase may be in an irreversible meltdown? On his own Twitter account, he was all sang-froid, jokes and memes. 2 was “Elon,” followed by “Tumblr” and “ Mastodon,” a funky Twitter-like service that many self-imposed Twitter exiles have flocked to). On Thursday evening, the hashtag #RIPTwitter was the No. Entire teams have disappeared, including the engineering group that maintains Twitter’s “core system libraries that every engineer at the company uses,” the Verge reported, quoting an anonymous ex-employee who said, “You cannot run Twitter without this team.”Īmid the chaos at Twitter, users have grown concerned that the end is nigh for the social network. Per multiple reports, Twitter’s remaining employees were informed Thursday that the company was disabling employee badge access to its offices until Monday, Nov.
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