Twitter is doing SO GREAT financially: Musk is selling their refrigerators and office-chairs.

[DetlefK]

https://www.rawstory.com/elon-musk-twitter-2658947050/

Twitter is reportedly preparing to offload some of its memorabilia and social media users may have the opportunity to purchase interesting pieces currently housed at the network's headquarters.

...

Starting bid prices will range from $25 and $50 on all listed items. Insider also reports that some of the items "include tons of industrial kitchen equipment, including refrigerators and pizza ovens, dozens of display screens, iMac monitors, and gray swivel office chairs."

...

Per the news outlet, Musk is working to "cut everything from infrastructure budgets, employee perks like at-home Wi-Fi and travel allowances, and holiday pay for contractors."

Smart move. Who needs chairs if you don't even have employees?

[mucifer]

1. I knew the non profit I worked for would go for profit when they took out the water coolers

[IronLionZion]

12. Water is an unnecessary luxury you ungrateful entitled millennial

I've worked in several places where I had to bring or buy my own drinking water.

[Ocelot II]

2. Card tables and orange crates for the few remaining employees.

[NullTuples]

5. Sure, but they'll have to bring their own...

[catrose]

3. HOLIDAY PAY FOR CONTRACTORS?

[Casady1]

4. At home wifi

Is not a perk.

[Johonny]

6. This is ToysRus all over again

Where a leverage takeover simply destroys a company because the entity taking it over had no clue as to the financials involved.

[rubbersole]

33. Yes, but Bain Capital's CEO had magic underwear...

...made him closer to Jesus.

[SunSeeker]

36. LOL

[CaptainTruth]

34. I've been thinking about that too...

...& wondering if Eloon (or Elmo as many folks call him) is doing it on purpose, to cripple Twitter, to "punish" the company for what he perceives as crimes of "election interference" & "silencing conservative voices."

Logically that makes no sense after he paid so much for it, but Eloon has been doing nonsensical things for a while now, & he seems to be getting worse.

IMHO he's not mentally stable.

[SunSeeker]

37. Elon taking over Twitter is like global warming denying nutjob Scott Pruitt running USEPA.

Or Betsy DeVos running Department of Education.

They hate the organizations they're charged to run.

[Initech]

7. No doubt in my mind that Elon bought Twitter with the intent of destroying it.

Fuck him.

[IronLionZion]

13. That's an expensive move

no doubt he's a supervillain, but this is a tremendous waste of money

[Initech]

30. Well I'm sure he heard the bullshit coming from Fox and Alex Jones about Section 230...

And "shadow banning", whatever that is, and decided that we didn't deserve a nice thing like that. I'm also convinced this has a lot to do with Trump, Nazis, and other conspiracy theorists being banned for being assholes.

[OMGWTF]

15. THIS! THIS! THIS!

The world uses Twitter as an organizing tool against authoritarian regimes. Eloon is just another Hitler wannabe. He thinks he's special.

[Bernardo de La Paz]

17. Nonsense. He would not need to spend so much time there personally if he intended to destroy it. nt

[Ford_Prefect]

21. Eloon's evil secret is he's a pyromaniac and bought Twitter to be perpetually surrounded

by dumpster fires demanding to be put out.

[Bernardo de La Paz]

23. There is a big streak of "Only I Can Fix It" in his psyche these days. . . . nt

[Ford_Prefect]

32. According to former Tesla and SpaceX folks he's always been like that. Soooo Needy...

[dalton99a]

8. Zillionaires don't get rich by writing a lot of checks

[LetMyPeopleVote]

9. Musk is going to put Twitter into bankruptcy soon

[Bernardo de La Paz]

20. No. He will not, not anytime soon, if ever, not on purpose. Not next year, maybe 2024 or later. nt

[ProfessorGAC]

41. Agreed, But Perhaps For Different Reasons

He voluntarily bought an already overvalued company for an inflated price.
He voluntarily borrowed against his own assets to cover 25% of the transaction.
BKO requires the judge & trustee to approve of each step and I think he'll find it difficult to find a judge who would allow him to stiff creditors, given his resources, because he bought the company knowing he was paying too much for a barely profitable company.
I can't imagine his lawyers haven't told him that bankruptcy is an unfriendly route right now.
But, we agree that bankruptcy is not coming any time soon.

[ToxMarz]

10. I think a lot of what he does is passive aggressive messaging to his employees

Like taking all your kids toys and selling them publicly in the front yard so everyone knows you suck.

[GoCubsGo]

14. Yep, he's doing this to abuse his remaining employees.

He's telling them that they don't deserve anything more than a bare-bones environment. No doubt he'll start rubbing his wealth in their noses any time now, on top of that.

[dalton99a]

19. "You stay with me because you can't find another job. Shut up and suffer"

[maliaSmith]

24. disgusting Felon Musky

Zuckerberg is doing the same thing.

[republianmushroom]

11. like

[Buns_of_Fire]

16. He'll probably make employees supply their own toilet paper

...assuming he allows bathroom breaks, of course.

[OMGWTF]

18. I've been driving an electric car (Chevy Volt) for eight years and I love it.

I used to aspire to get a Tesla S, but no more. I'd be embarrassed to drive one now. Fk that guy and everything he stands for.

[SergeStorms]

25. My daughter bought a Bolt EUV....

and absolutely loves it. She wouldn't be caught dead driving a Tesla either.

[dalton99a]

26. +1. Friends don't let friends give money to Elon Musk.

[SunSeeker]

38. Chevy needs to bring back the Volt. Everyone loved that car.

PHEVs are the best of both worlds.

[Bernardo de La Paz]

22. Get real folks. 10 floors furniture not gonna make or break Twitter. He's sending Scroogy message.nt

[GenThePerservering]

39. Last corp I worked for

cleared out the infrastructure and then cleared us out.

I expect, though, that Elon has no real plans save what kneejerk reaction he has in the next minute.

[Bernardo de La Paz]

40. Yup, he's winging it. I don't know what stock he has promised them, but the pressure is too much

I wouldn't work under those conditions, especially with a boss like that.

[nightwing1240]

27. What Musk needs most is an oven

The open mouth insert foot type

[NullTuples]

28. This is not a "memorabilia" sale, it's a fire sale.

So many offices have shut down or downsized in the last three years that the secondhand market for office equipment is swamped with inventory & there are few buyers.

In my opinion he's showing a lot about how he thinks, and it's reminiscent of Trump. Despite the grandiose vaporware he sells to investors, when it comes down to the actual nuts and bolts of running companies he thinks revealingly small. It's also interesting that he seems to be intentionally showing what would otherwise be a perceived weakness that the company is doing so poorly it has to sell off fixtures. This as I said could be intentional, as set-up for closing the San Francisco headquarters of Twitter. Or he may still be intent on shutting it down completely or selling it off to right wingers at a fraction of what he paid, or having Twitter declare bankruptcy a la Trump.

[harumph]

29. Musk is like an alien attached to Twitter's face pumping

it full of MAGA eggs.

[jmowreader]

31. How does a 16-year-old company have memorabilia?

Apparently they forgot to tell King Elon that San Francisco is a tech hub and his employees DO have options for when they’ve finally had enough of his shit.

I can imagine the interviews:

“Ms. Jones…may I call you Ellen?”
“That would be fine.”
“Ellen, normally at this point in the interview we ask you why you’re seeking new employment. However, your resume states you’re a current Twitter employee, so we can skip over that part.”

[lpbk2713]

35. Air Conditioner units.

Why climate control an entire floor if no one is there to use it?



      I think.

[niyad]

42. I think even old Ebeneezer would recoil.