Reports are now appearing on all the major news services that “scores” of remaining Twitter employees have rejected the Muskrat’s ultimatum to sign up for “hard-core” work or else resign and take three months of severance. It appears as if the majority of the remaining employees are cashing out. A number of sources are saying that as of this point, up to 88% of the initial employees that were working at Twitter when Muskrat first took over have been fired or left on their on. According to my calculator, 88% of 7,500 is 6,600, leaving a skeleton crew of just 900.

I’m sure that there are a lot of arm chair engineers out there that think that Twitter should be just fine with 900. Which would be true if you kept the most valuable 900. But you can’t cut loose 6,600 employees (in addition to some 5,000 contractors) and not loose a lot of institutional knowledge. The most valuable asset in any company, especially a knowledge-based company which includes Twitter, are all the employees who come to work every day.

To add insult to injury, Twitter management (whomever that may be now) has locked out all employees by disabling their key cards. That lockout will continue until next Monday. Lord help ’em if something should happen at Twitter before they open up on Monday. Now that the Muskrat has pulled this lockout stunt, I wonder how many more who were ambivalent will decide to pull the magic parachute ripcord and cash out themselves.

Not only has the Muskrat burned down a social media company, he’s pretty much set $44 billion on fire as well, as well as his personal reputation/”brand”. There will be those who blindly follow the Muskrat no matter what, but for the rest of us I think we see that the Muskrat king has no clothes.

Update 18 November

Satire for your reading pleasure.

Twitter is Going Great! — https://twitterisgoinggreat.com

Web3 is Going Just Great — https://web3isgoinggreat.com