Guess I’ll have to buy the book
Not that I agree with the point. But I wouldn't assume the poster thinks Jobs and Musk are similar in a broad sense.
Jobs simplified the lineup - two sets of laptops, two sets of desktops, one professional, one personal. This shut down a significant part of the operations across the board.
Musk had no similar goal for Twitter other than to turn it into a platform for his techno-fascist creed. The only complaints about Twitter that he wanted to act on were that too many people were mean to techno-fascists.
I don’t think I’m really that qualified to stand in judgment of the Twitter employees, but after the massive house cleaning, the only major negative changes to the company’s fortunes that I know about is that a lot of liberals decided to flee the platform. But that doesn’t seem connected to the layoffs - that would’ve still happened because of either their policy changes or his overall unpopularity with that crowd. We didn’t see any more notable stability problems with the platform than it had at any point in its long existence. And new features kept being shipped.
In the case of Apple, given that the company was so close to insolvency, I don’t see how anybody could seriously argue that most of management was in severe need of replacement. And when you’ve built an organization to do what turned out to be a lot of the wrong things, it’s likely that a lot of roles really do need to be replaced with different job descriptions.
The only way you can argue mass layoffs are always categorically bad is if we are viewing companies as jobs programs rather than pursuing any other mission (and I’d argue that this holds true even if that mission isn’t to make money).
[0] https://www.washingtonpost.com/politics/2016/live-updates/ge...
It's just a legal way to not pay your debts as I understand.
Anyway it happened to me. Basically any stock they gave us was worthless but they kept going and paid salaries.