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hirsin 3 hours ago

The Twitter layoffs being used as proof of _anything_ is misguided no matter what you're trying to say.

If success is losing half their revenue, reverting to revenue numbers from a decade ago, I gotta know what failure looks like. You might argue that the revenue losses aren't correlated to their headcount changes and probably make a good argument, but I mean... It's not a great one

com2kid 32 minutes ago | parent | next [-]

Everyone predicted twitter would crash and burn within months of the layoffs.

It didn't.

Anyone who has worked at a large company knows that 1/2 the staff there is stuck keeping the lights on because it is easier to hire a warm body than fix tech debt.

I've worked at companies that are literally 10x more effective than other competitors in the market purely due to good engineering practices.

Even within large companies, you can have orgs that are dramatically more effective than others, often due to having to work under just the right set of resource constraints. Too little and no investments in the future, too much and it becomes easiest to build fast and hire people to duct tape the mess that is left behind.

_heimdall an hour ago | parent | prev | next [-]

I've never seen the motivation behind buying Twitter to have been revenue, or free speech for that matter. Elon wanted a unique content source to train LLMs on and he got it. Whether that proves out as a good training dataset is still up in the air, but I can't imagine he cared about Twitter revenue.

Raidion 3 hours ago | parent | prev [-]

Really? Revenue loss was pretty directly tied to Elon replying and supporting some "jews vs whites" type posts in Nov 2023.

That caused Apple, Coke, and many other large clients to stop advertising.

abirch 2 hours ago | parent | next [-]

My understanding is that Twitters revenue was

  5   billion in 2021
  4.4 billion in 2022 (When Elon made bid and took over company)
  3.4 billion in 2023
  2.6 billion in 2024
  2.9 billion in 2025
joker666 38 minutes ago | parent [-]

What's the operational cost now? 10K to 2K employees. 30 Engineers.

otterley 15 minutes ago | parent [-]

It doesn’t cost much to keep the lights on. As far as I know, X post-acquisition is not investing in innovation anymore.

Musk might have been right that shifting to KTLO mode was a good idea, but the company would still be better off if someone other than him had bought it and done the same thing.

YokoZar 3 hours ago | parent | prev | next [-]

Elon very publicly killed brand safety efforts. Advertisers care a lot about the context that their ads appear in.

hirsin 3 hours ago | parent | prev | next [-]

That would be the good argument, yes.

DoesntMatter22 an hour ago | parent | prev [-]

Mo biggie on revenue loss. They axed most of their staff and went from 2k devs to 30. Trade off seems fine

jeremyjh 2 minutes ago | parent | next [-]

The company lost about $12 billion in enterprise value between the last two transactions.

otterley 13 minutes ago | parent | prev [-]

https://news.ycombinator.com/item?id=47176049