US bankruptcy isn't quite like it is here. He'd file for a Section 11 bankruptcy which would still leave Musk in charge while a re-organisation of finances/debts took place. But the banks would be secured investors who would be able to make massive demands upon Twitter about how to do so - and upon whether Musk could stay in charge. They'd still lose loads of money (or, rather, write it off some spreadsheets) and it might be worth them writing the whole thing off, but they would get first dibs on any assets at all.
And wonder how many of them would want to be managers... (Assuming 'promotion' applies to the non-manager (IC) route too.)
What are you basing your theory on? It certainly seems like it's collapsing.
The people who still work under the shitty conditions Musk has created at Twitter are either people whose visa means they lose their residential status if fired, or a self-selecting bunch of assholes who believe in his mission and accept being treated like shit because they’re fighting for the (alt right) cause. Don’t expect a particularly balanced moderation of the platform going forwards.
Or they are displaying a not uncommon ability to put up with shit behaviour from their employer.
You mean like those NHS workers who don't just walk away from intolerable conditions, which in some cases are now starting to lead to avoidable deaths? Would it be ok to caricature them as sad helpless dependants or 'Dr Mengele's little elves' ? Or should we instead be caricaturing them as 'Heroes'? Obviously we should be doing none of those things.
