The Twitter board did not have a choice and were obligated to sell the company s... | Hacker News

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		prirun on Nov 24, 2022 \| parent \| context \| favorite \| on: Twitter has fired more software engineers The Twitter board did not have a choice and were obligated to sell the company since it was in the best interest of the shareholders. If they hadn't sold the company because they didn't like Elon or whatever, they would likely have been sued by the shareholders.

pif on Nov 25, 2022 [–]

It was up to the shareholders to give the board a clear mandate to discuss the workforce's future as well as financial issues.

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