Everything Simon Balmain said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Balmain lost laptop, Slack, and Gmail access an hour after layoff email
“Within the email kind of said, yeah, there's good, there's gonna be this huge reduction in, in head count. You will, if you're affected, you'll get an email to your personal email. And if not, you'll get something to your work email. And it was within an hour …”
Twitter employees learned of internal company moves from reporters on Twitter
“On pretty much on platform, following the news, following, yeah, following, you know, following the resources of deep diving investigators like, you know, Casey Newtons and people like that. Yeah, we're finding out a lot of stuff at the same time everybody els…”
Mass layoffs will degrade Twitter's manual, non-AI content moderation, Balmain warns
“Content moderation is, it's not AI driven, right? It's not machine learning. It's, you know, there's elements of that to it, like anything in tech, but it's a manual job that real people are doing. And if you're laying off people that do that, then stuff's not…”
Jack Dorsey was an active participant in Elon Musk's Twitter takeover
“Jack is, is certainly not an innocent bystander in, in this turn of events. He's, you know, a very active participant in this turn of events even having not been at the company for, you know, a year and not been on the board since I think May is when he steppe…”
Balmain: Musk will likely make concessions to appease Twitter advertisers
“It's potentially quite likely that concessions will have to be made by him in order to, you know appease brand advertisers in, in certain ways that some of these people who were very jubilant and joyful about this might have a very quick turn of heart about th…”
Twitter's direct user revenue will not offset falling advertising spend
“Not confident that a push on direct revenue products via users will pick up at the same pace that ad revenue may drop.”
Balmain: Musk's firing of Twitter executives made sweeping layoffs clearly inevitable
“When I think the real mood shift came On the day that, you know, the deal was closed and he, you know, showed up at the office and fired all the executives. Right. You know, these are incredible people that, that, you know, most people in the company have had …”
Balmain: Musk denied 75% layoff rumor at Twitter SF office
“He did he did say when he went into the San Francisco office that that number was not accurate and he didn't know where it came from.”
Balmain: Surviving Twitter employees will likely quit soon
“And I think that there are people who, even if they have, you know, survived this probably very likely to leave their own accord in, in the not too distant future.”
Balmain: Twitter will prioritize paid features and creator monetization cuts
“There will be a large focus on products that directly drive revenue to the company in that the user will need to pay to do X or Y. And then the other one will be a high priority attempt at sort of creative programs, influencer programs where users pay other us…”
Balmain: Twitter layoffs will spark a wave of new startups
“And it's impossible for me to think that there won't be a bunch of new, incredible startups that come out of this.”
Twitter was never the primary ad destination for most major brands
“Twitter has never been for most big advertisers. Yeah. This is our like number one thing that we're going to put all of our money into. It just hasn't been that. So if there's risk or there's turbulence, there's instability, They'll, they'll, they'll shift it …”
Twitter owes over $1 billion in annual interest, exceeding its historical revenue
“A billion plus in interest payments alone to the financiers every year. You know, that's more revenue than it has been making.”