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Elon bought Twitter with 13 Billion he had to borrow with Twitter itself as collateral.
So yeah they're suddenly carrying a debt anchor of 13B$
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Yep, and to pay it off means operating Twitter at a loss apparently. At least that's what I'm hearing.
To err is human. Fortune favors the monsters.
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Message Closed
modified 7-Nov-22 10:10am.
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Getting a little political for the lounge, not to say I disagree. 
But we'll see how this plays out.
To err is human. Fortune favors the monsters.
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Thx I deleted my message. I momentarily forgot the no politics rule 
Let's just say it's going to be interesting to watch what happens.
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You're in good company if I do say so myself. I did that earlier and I had to edit. 
To err is human. Fortune favors the monsters.
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honey the codewitch wrote: the scuttlebutt is the layoffs are because Twitters debt obligations now outstrip its projected income
Throughout its entire existence - has Twitter ever posted a profit?
[Edit] According to some articles from 2019, yes, that was the first time they've made a profit.
And according to much newer articles, Twitter still has about $5B in debt. Give or take, based on who you ask.
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I'd have to look into it again. The situation is still developing. It doesn't appear to be doing so in Musk's favor though.
To err is human. Fortune favors the monsters.
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I'd go back and do a Wally (Dilbert) while I looked for another job. If you read the actual notice that went out last Thursday it says you're still employed by Twitter until Feb 2, 2023 but will be locked out. This is to comply with the US WARN Act. Failure to return to work is abandonment of your job for which you can be fired with no pay. The best option in this case if you don't already have another job lined up is to go back, do the absolute minimum to avoid being fired, and then quit when you find another job.
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True story: My employer laid off a certain employee once. A few months later I saw him back in the building.
"Hey Randy, I didn't know you were back!" I said.
"Yeah, they decided they needed me after all." he replied.
"Oh, I bet that was fun."
"Let's put is this way." he replied; "Have you ever seen the movie Deliverance?"
Software Zen: delete this;
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Gary R. Wheeler wrote: Have you ever seen the movie Deliverance?
Yikes. Depends which end you're on, I guess.
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Despite your protestations… you obviously have a dog in this fight. Just own it.
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What protestations?
I do have a dog in this fight, as I said. I want the social media companies to fail, and so I fully support what Elon is doing to that company.
To err is human. Fortune favors the monsters.
modified 8-Nov-22 3:06am.
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I have just comeback to Code Project after 4 long years.
Good to see some of the Old Members still very active Like OG and Chris Maunder.
Hope Some know who I meant by SA(if I recall correctly he had a underscore after SA_ on Signature.)
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The second person down on Who's Who? (There isn't an underscore, so maybe not?)
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Thanks. But I don't get him on there , I have entirely different list idk how.
Sergey Alexandrovich Kryukov I find him on MVP history.
—SA
modified 7-Nov-22 2:25am.
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Laiju k wrote: who I meant by SA
I do wonder if anybody does NOT know him.
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Laiju k wrote: Good to see some of the Old Members still very active Like OG and Chris Maunder.
I would hope that Chris is still active on CP.
Maybe in the background, toiling away, but I'm sure Chris still has CP very much on his mind on a day-to-day basis. As a matter of fact it'll be a sad day when it no longer holds his interest.
Speaking of which, I (for one) can never thank him enough for this. 
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Many years ago, there was a politician (I am quite sure that it was a US one) who was confronted with an indisputable fact, and replied: 'Yes, I know that is a fact, but at the moment I prefer not to take it into consideration'.
I have been unable to google my way to the name of that politician, and which fact he chose to not take into consideration. Can someone around here help me?
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There are so many fact averse US politicians right now I can't help you, sorry.
To err is human. Fortune favors the monsters.
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This. They all do it, they just don't all verbalize it.
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honey the codewitch wrote: so many fact averse US politicians
The number assholeymptotically approaches unity.
Software Zen: delete this;
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I am with our codewitch on this one : this may apply to quite a lot of people in the political class, so it is going to be complicated to fetch the OP.
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The first rule when listening to a politician (name your country), is that they are all liars. 
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