[mcrad]

Is it possible that Elon's intention here has little to do with his personal fortune, or that of his employees? Maybe he simply sees the current situation as Twitter as a cancer on society, and sees himself in a unique position (ie. rich enough) to actually do something about it. Forget about the numbers, the digital marketing/pseudo-journalism industry pretty much needs to be cut down a notch, (or stop calling itself tech!). I see your point that he has a good chance at failure, but pretending the company /was/ successful or on some great path up until last week is just sad.

[dnissley]

Yeah, I think a lot of people are missing that these layoffs are not necessarily about Twitter's financial situation. They are very much about it's cultural situation -- both the culture within the company (reputation for being unable to ship), and the relationship of the company with the wider culture (blue checks, narrative control, cathedrals, etc).