Twitter staff strength has been reduced by around 90% and the platform seems to be running without any issue. And I don't know why there is so much outcry. Meta also fired tens of thousands of its employees recently. And there are indications that Google may fire up to 10,000 of its employees. Tech companies seems to have realized their mistake. They increased the headcount without any limits, hoping that such a large workforce will be useful if the scope expands in the future. The scope expansion never happened and they are now being forced to reduce their staff strength.
There is more to the Twitter situation that most people are unaware of. It appears that during the course of the Twitter deal, Elon did not have enough funds to proceed with the deal, so he had to make some financial assistance to continue the deal, and now, according to some sources, they currently have about $13 billion in liabilities to make with a yearly return of $1 billion. I don't get why people are up in arms over what he bought with his money and other people's money. Some sources also claim that roughly 3,000 employees were fired since it allowed Twitter to save about $500 million per year, if this estimate is right, Elon is good to go.
I hope Twitter takes time to restructure in a way that suits other corporations, their current conflict with Apple, in my opinion, is unnecessary. I mean, Apple is a big company, and Elon is also big, but you can't always win. I can't imagine there isn't a Twitter app for iPhone on the App Store, he needs to liaise with them for peace and sweet revenues.
