Now, instead of paying Rooney the draft severance amount worth a little more than $25,000, Twitter, which is now called X, has to pay Rooney more than $600,000
It shouldn't, generally the order will be worded something like "The plaintiff has been awarded $xxxxx.xx + legal fees " as in whatever legal fees they accrued the defendant will have to pay in addition
"Going forward, to build a breakthrough Twitter 2.0 and succeed in an increasingly competitive world, we will need to be extremely hardcore," Musk wrote in the all-staff email. "This will mean working long hours at high intensity. Only exceptional performance will constitute a passing grade."
Many companies promote a work culture where heroic employees are supposed do long hours for free just because good employees are passionate about their job. That's just exploitation.
I've lived in the USA for 11 years, and there's a lot of things in the USA that I really like, but the lack of worker and consumer rights is a major issue. At least California has some consumer rights, but it's nowhere near as strong as where I'm from (Australia).
I wouldn't mind corporate tax breaks to public companies (like ireland gives) as long as the gov't taxes private wealth enough to fund decent social programs like Ireland.
Damn, $600k times 35 people is only $21mil. That's pocked change for this jerk. And yet, I'll bet he fights paying just the $600k to the one person tooth and nail like the spoiled rich fuck that he is.
It's interesting how most of Musk's wealth is in stock and such, when people start cashing out on it.
What's his liquid wealth?
I assume he's been wealthy for long enough that he's been able to cash out interest and dividends to make him a wealthy man, constantly accruing money simply by having money.
Seeing him tank on everything he touches( bringing down the value), I have to wonder if there is a limit to his liquid funds. The world's richest poorest man or something.
“People think a thing is cool, so the person who owns the thing is cool and should get a monetary value based on a lot of people’s opinions”
And everyone is lIke “Yes this system is great! Let’s do this with more people”.
And then one day nobody thought the thing was cool anymore for…reasons (Tesla) and so that person loses money relatively proportional to how many cool points they lose in the minds of a bunch of other people.
But that’s a travesty and this person’s coolness now affects a lot of other people’s coolness to the point that it could severely fuck up the economy if enough people stopped thinking they were cool. So we have to keep telling this person we still think they’re cool so that shit doesn’t get really bad until we have a better plan in place to deal with it.
And then we’re like fuck…that was stupid…we shouldn’t do that again. And everyone agrees.
Meanwhile we’re still doing it with countless other people and things and we’ll act just as shocked pikachu face the next 30 times it happens.
Is that the horse that he offered to that airline attended as payment to fuck him after he pulled out his penis in front of her on the plane? They liquidated that horse?
If he tried to liquidate all of his Tesla shares on the open market over a period of time, I wouldn't be surprised if it was less than half.
SpaceX is another story though as it's not public and he can just do a private sale. He could probably get very close to what his shares are worth, maybe even more as it's value keeps going up each time they raise money.
A lot of them are immigrants who will be deported if they lose the job. I know I'd rather live in either California or Texas than a lot of places in India. (Especially these days, if the immigrant is a Muslim.)
In 2022 there were some stories of how people on work visas were unable to jump ship while others were fleeing en masse. And now after all the tech layoffs in the USA, I imagine that finding another company to sponsor their visa, has become a lot harder still. So that's one group still working there: people who will be deported if they lose their job.
I have never worked there (or any other major tech company) but if I had a job there, I wouldn't give it up until I'd found another job. Perhaps the people there aren't going crazy at the job hunt and still just haven't found another job they want.
It's really easy to think "all the layoffs are over and I made it" and "job hunting is painful, I don't want to do it today" and just coast for a long time.
I'm sure every awful thing he does spurs another effort for job hunting, but unless the job actually makes them work harder or fires them, it probably doesn't change much for them.
Also, they get paid a lot more than I do, and sometimes it's worth the pain to keep raking in that cash.
Most of these tech companies pay really well, although you can argue about the benefits of that when most of your money goes towards paying for a landlord's retirement.
The boss may be a complete bell-end but most of them will never have to deal with him.