Most FAANGS have been cutting by 10 to 15%. That trims excess fat without gutting a company. Twitter seems to have a serious cultural problem at the moment, an

Most FAANGS have been cutting by 10 to 15%. That trims excess fat without gutting a company. Twitter seems to have a serious cultural problem at the moment, and that is generally a lot harder to fix than to rehire when the growth curve inverses. I am sure Musk had to cut by 50%, if only because Twitter's interest payments are now significant. However, that does bring significant challenges.