[rhaway84773]

Many advertisers have backed off because laying off a lot of people has led to a worse product.

Many more advertisers who might have otherwise been persuaded to stay by sales reps they had contact with have backed off because those sales reps themselves were let go.

One could genuinely make an argument that most SV tech companies have way more employees than they need. And one could almost trivially prove that to be true (many Tech companies were hiring developers not because they needed them, but to keep them out of the hands of competitors). That does not make Elon’s slash and burn destruction of Twitter sensible by any measure.

Meta is also offloading vast number of employees and it’s managing to do it without making it sound like their company is a dumpster fire.

Elon’s approach to Twitter is highly reminiscent of the Stephen Elop burning platform memo to Nokia, but orders of magnitudes worse.

[motogpjimbo]

Hyperbole. Advertisers backed away from Twitter because Musk was upsetting a group of people whom advertisers tend to tiptoe around. Twitter is terrible, but it's no more terrible now than it was when Musk bought it.