I thought this at first but now I’m not sure. My understanding is they have gotten rid of ~70% of the workers (7500 down to 2700 [1]). Speaking generally, IMO 2

I thought this at first but now I’m not sure. My understanding is they have gotten rid of ~70% of the workers (7500 down to 2700 [1]). Speaking generally, IMO 20% would have perhaps been a fitting haircut after a couple years of excessive hiring that did not lead to growth. 70% is a serious reduction of manpower and it is fair to wonder how they can maintain critical functions of a global network and also implement the whimsies of a billionaire. On that end, Twitter was a growth stock with no dividends. IIRC last year they announced a 4B buyback program, 2B of it this year. My assessment was it was floundering in that it was failing to grow KPIs and ad rev, not because of profit/loss. But I am not a stock market expert, so maybe someone else has a better analysis. [1] https://arstechnica.com/tech-policy/2022/11/musk-recruits-engineers-for-twitter-2-0-after-mass-layoffs-and-resignations/amp/ https://arstechnica.com/tech-policy/2022/11/musk-recruits-en...