It’s been a week since Elon Musk, funded by a distasteful assortment of backers, bought Twitter. In no particular order, some thoughts on what it means for various groups.
Employees
Predictably, swaths of US employees have been sacked without notice or compensation, in contravention of Californian law. Many of them were sacked soon before share ownership rewards were to deliver. All of them were ordered a week ago to work “24/7” on objectives the new management deemed urgent. For the several hundred at-risk or sacked employees in the UK and Ireland, there are legal protections which may be harder to ignore. But breaking labour law is at worst subject to fines, so simply a cost benefit operation for firms who can break the law with impunity. (Following a UK ferry operator sacking all its ship workers and immediately employing agency staff earlier this year, there is a growing case for strategic and profitable law-breaking on this scale to be criminalised to create a genuine disincentive. I don’t see the next Labour government having the backbone to do it, however.)
The US employees will find themselves out on the street with no health insurance. That’s catastrophic, and stop-gap insurance cover is prohibitively expensive. I availed of it myself over a decade ago, and it was more than a thousand dollars a month – not the kind of money you have lying around when you’ve just been sacked. Many senior Twitter managers resigned before they were sacked, and the mass lay-offs were clearly in the post, so many employees – the ones with the sense not to work 24/7 to keep a job they were likely to lose, anyway – will have taken steps to stay in contact with former colleagues once they’re locked out of their work messaging channels. The levels of chaos and dysfunction inside Twitter right now can only be imagined. Relatively few workers are unionised, and in these situations many people think they can keep their jobs by screwing their co-workers or just ignoring abuse, so those who remain will be in an increasingly toxic situation. It can be fifty-fifty as to whether the lucky ones are those who got sacked or walked early on. [click to continue…]