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šŸ“±Tech Giant Has a Canine CEO (seriously)

The second wealthiest man in the world bought a tech powerhouse for $44 billion, fired 5,800 workers, and appointed his dog as CEO of a publicly-traded company with 330 million active users. šŸ‘€

In Todayā€™s Email:

  • #wtf: Twitterā€™s new CEO rocks Silicon Valley.

  • Homeward Bound: an Alaskan journey not for the faint of heart.

  • We spent $137B on our pets last year. Guilty šŸ‘‹

  • ā€œThe Squeezeā€ aka The Internetā€™s Best Dog News in 60 seconds.

  • The Last Laugh: What weā€™re laughing with. Not at.

Twitterā€™s Top Dog Is Calling the Shots.

Side note: we wanted to try and keep this article to 140 characters and tweet it.

Spoiler: we failed.

The pioneers of the ā€œstatus updateā€ anointed Floki (not pictured above), a Shiba Inu puppy, as Twitterā€™s new CEO.

ā€¦and it wasnā€™t just anyone that smacked the gavel. The worldā€™s second wealthiest man in the world, Elon Musk (recently dethroned by Bernard Arnault), made the abrupt decision in an interview with BBC.

Heā€™s named after a character from the show Vikings (hereā€™s the character profile if youā€™re dying for a visual). Floki is coming up on his 3rd birthday in May.

We arenā€™t waving a finger at Flokiā€™s new position. Weā€™re judging the collateral damage that will likely ensue.

We canā€™t forget Twitterā€™s recent run on layoffs. Allow us to refresh your memory:

  • October 2022 Twitter Workforce: 7,500 employees

  • January 2023 Twitter Workforce: 2,000 employees

  • March 2023 Twitter Workforce: 1,800 employees

For non-mathletes, thatā€™s a 76% attrition rate since Musk completed his Twitter purchase for $44 billion in October. The tech industry has always been the gold standard when it comes to employee retention programs with some boasting wellness stipends, catered meals and on-site laundry services (to name a few), but the industryā€™s lavish programs have been heavily scrutinized with costs under a microscope. Twitter isnā€™t alone. Facebook, Netflix and Google (which comprise most of the FANNG stocks) have collectively decided to trim headcount as a drastic cost-cutting measure.

Sure. We get itā€¦

ā€¦but announcing to the world that the principle figurehead of a publicly-traded company with a $43 billion market cap is now a dog may not be the most well-received message to a bruised workforce that continues to look over its shoulder.

The core issue: employee morale.

Human resource departments everywhere have essentially ā€œweaponizedā€ canines in the office as a means of keeping spirits high.

The International Journal of Workplace Health Management concluded that when dogs are present in the office, employees often feel more relaxed, which can lead to better job performance and a more positive work environment.

Another study by the University of Missouri found that dogs in the workplace can increase trust, collaboration, and job satisfaction among employees.

Not sold? Virginia Commonwealth University followed 76 employees who brought their dogs to work and 447 employees who did not. The researchers found that employees who brought their dogs to work had significantly lower perceived stress levels throughout the day compared to employees who did not bring their dogs to work. The study also found that dogs in the workplace can reduce employee turnover.

Opinion: Muskā€™s move is problematic.

Canine companionship in the office creates a pleasant environment. Dogs have the power to alter a companyā€™s culture by just being present, and more employers are adopting pet-friendly accommodations as a means of luring employees back to the office.

Musk flubbed this.

Announcing that a dog will be taking a leadership position within a company that has been experiencing an incredibly turbulent year isnā€™t the most sensitive approach to the remaining 1,800 employees (to put it nicely).

Top-down messaging is critical for a company looking to recapture an identity, and working at Twitter in 2023 is equivalent to a hellbent version of a Silicon Valley Hunger Games tournament.

Butā€¦ Musk is gonna Musk, and all this realistically did was confirm that he will not be the goodest boy in the C-Suite.

#inflokiwetrust

Overheard at a coffee shop:

ā€œI got my poodle, Luna, a year ago. She cost me $3,000 and is hypoallergenic.ā€

ā€œThatā€™s nice. I found my cat in an engine.ā€

- Beanz and Co. - Avon, Connecticut

Aussie Treks over 150 Miles of Alaskan Tundra to Get Home.

This is not your morning commute.

The next time you venture to Alaskaā€™s Bering Strait, remember to bring a leash.

An Alaskan family visiting the island of Savoogna showed up with Nanuq, their 1-year-old Australian Shepherd. Days later, they left without him. With the islandā€™s surrounding waters completely frozen over, Nanuq fled, leaving his family in shambles.

"My dad texted me and said, 'There's a dog that looks like Nanuq in Wales,'" said Mandy Iworrigan, Nanuqā€™s owner. "I was like, 'No freakin' way! That's our dog! What is he doing in Wales?'" she said.

To answer your question, Mandy: completing one of the most unlikely survival journeys imaginable. Wales is over 150 miles away from Savoogna, and Nanuqā€™s journey wasnā€™t a walk in the park.

With visible bite marks, locals assume Nanuq had to fend off either seals or bears while searching for safety. Pair this with the fact that Nanuq had to also champion this on the Bearing Strait for over 150 miles onā€¦oh yeahā€¦ ice, and you have nothing short of a real life Homeward Bound major motion picture in the making.

What makes this even more unbelievable? Alaskaā€™s March isnā€™t what you experience in Texas, Kevin. With highs reaching 29 degrees and overnight lows hovering around a brisk 18 degrees, Nanuq had every environmental disadvantage imaginable.

The moral of the story: be more like Nanuq. Also, microchip your pets! The Wales community was able to identify Nanuq and locate his owner because of his chip!

Imagine Nanuqā€™s GoPro footage? šŸ‘€

šŸšØ Public Service Announcement šŸšØ

Itā€™s time for spring cleaning. Do so responsiblyā€¦

Dogmeme7

Pets Are Emptying Our Pockets šŸ’°

We love our pets. Outside of weddings and funerals, there isnā€™t a category weā€™re less aware of when it comes to our frivolous spending.

We spent a collective $136.8B on our pets in 2022. This yearā€™s forecast is said to be $143.6Bā€¦and itā€™s not slowing down. For perspective: we spent $90B in 2018. Woof.

These writers contribute heavily. Guilty as charged šŸ‘‹ā€¦ but we arenā€™t at the top of the pyramid:

ā€œSO WHERE SHOULD I CUT BACK, DOG JUICE?!ā€

ā€¦we canā€™t answer that, but hereā€™s a breakdown of the industryā€™s most lucrative categories:

  1. Pet food and treats: $42 billion

  2. Vet care and products: $31.4 billion

  3. Supplies and over-the-counter medicine: $22.1 billion

  4. Pet services like grooming and boarding: $8.1 billion

Fear notā€¦the average pet owner spends $1,480/year on a dog and $902/year on a cat.

We know youā€™re not average, Pam, but hereā€™s how average yearly spending looks:

Conclusion: dogs are loved more than cats. Just kidding! (but not really)

Actual conclusion: if youā€™re spending less than $1,480/year on Fido, heā€™s expecting a hoverboard for the holidays. We donā€™t make the rules.

ā€œThe Squeezeā€: Dog News In 60 Seconds

Todayā€™s Last Laugh:

If anyone tells this sheep that he isnā€™t a dog, weā€™re throwing fists