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Elon Musk gives X employees one year to replace your bank - ‘You won’t need a bank account... it would blow my mind if we don’t have that rolled out by the end of next year.’ (www.theverge.com)

submitted 9 months ago by AnActOfCreation@programming.dev to c/technology@lemmy.world

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“If it involves money. It’ll be on our platform. Money or securities or whatever. So, it’s not just like send $20 to my friend. I’m talking about, like, you won’t need a bank account.”

Well that sounds terrifying!

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[-] scarabic@lemmy.world 31 points 9 months ago

It’s hilarious how Musk gives his staff ultimatums. The fact is they can get other jobs. It’s Musk who is deeply invested in Twitter now and can’t just cut his strings so easily. Why is he the one batting them around and threatening them all the time? What the hell kind of gluttons for punishment are still working there?

[-] emergencyfood@sh.itjust.works 29 points 9 months ago

The fact is they can get other jobs.

I'm guessing many of his US staff are stuck at Twitter due to the visa rules. They're basically very well-paid slaves, and he knows it.

[-] scarabic@lemmy.world 12 points 9 months ago

No doubt someone is in that situation. But I don’t think most people know how rare H1-Bs are. Only 65k are issued annually in the US, which has a total employed workforce of 157 million people.

[-] afraid_of_zombies@lemmy.world 1 points 9 months ago

Yeah cause the most common job is truck driver.

[-] afraid_of_zombies@lemmy.world 10 points 9 months ago

H1Bs that is whom

[-] scarabic@lemmy.world 7 points 9 months ago

Yes a notable exception. Twitter was 8% H1-B employees prior to all the layoffs. We don’t know how many are there still.

Those folks are really living with a totally different level of concerns. “My boss is a raging asshole” is not a significant concern compared to being forced to leave the country.

As for the other 92% of the company with no visa concerns, why are any of them still there? I am tempted to assume they’re the coasters who don’t think they can find as good a paycheck anywhere else, or are just happy to ride the ship down.

[-] afraid_of_zombies@lemmy.world 2 points 9 months ago

Maybe they think the disaster will end, maybe they have families to support, maybe they would rather be fired and collect unemployment. Many years ago I worked for a company that got bought by Teledyne and they pretty much did what is happening to Twatter. I stuck it out until the end.

[-] Thorny_Insight@lemm.ee 5 points 9 months ago

It’s hilarious how Musk gives his staff ultimatums.

In this case he didn't though. It's just an intentionally misleading clickbait headline and if you read the article itself there's no mention of a ultimatum.

[-] scarabic@lemmy.world 2 points 9 months ago

You’re right but it is something he does. If he’s saying this publicly I wouldn’t be at all surprised if it’s ultimatums privately.

this post was submitted on 27 Oct 2023

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