if you work at #twitter and you saw that Elliot management made a $1 Billion investment and wanted to replace Jack as CEO but didnt for now, are you freaking out ? https://www.usatoday.com/story/tech/2020/02/28/twitter-ceo-jack-dorsey-elliott-management/4910121002/ There will likely be #layoffs and #restructuring. What is the mood like for #twitter employees? i went through an investment and restructuring by elliot management while i was at #Citrix and it was brutal. we laid off 1/3 of our workforce and had 3 ceos in 3 years so we could raise the stock price until their target and they cashed out.
Yes but that doesn’t mean there won’t be wide scale changes
Elliot same game plan different company.
I hope the replace Jack. Why do you think the same restructuring might happen there. It could be something different.
They just announced a $2B stock buyback program for starters. Courtesy of Elliott Management.
They gonna lay us off? 😥😰 I’m scared. (Serious. I got a $10K mortgage payment and a baby on the way).
Well you better be worried
Just 10K total, or 10K per month?
If eBay is anything to go by, then there will be layoffs. I see increased number of empty cubicles after every layoff.
when did Elliot mgmt acquire board seats at eBay?
They do lay offs in every company
Layoffs at akamai after Elliot came in.
Is he still the ceo of square too? I never understood how that’s even possible, how can you balance both and do a good job at both at the same time 🤔
Elon Musk? May or may not be a good example though... Lmao
They already reached a deal to keep Jack