3 ms·
Their stock would have done better had they done this long ago. Their massive headcount is mostly just a drain on profitability, and very hard to argue there's
by adam_arthur 5y ago
Their stock would have done better had they done this long ago.
Their massive headcount is mostly just a drain on profitability, and very hard to argue there's much value add.
Certainly infra, data science etc takes headcount, but last I heard Twitter has hundreds or thousands of product devs and their product has had close to 0 changes in the last 5 years. What do these people do all day, really?
I mean, they are flat from their 2013 IPO, while basically every other tech has rocketed.