People keep talking about laying off half the company like it's a bad thing.
Don't get me wrong, there are lots of negative factors to laying off staff and I'm not denying those.
But anyone who has worked in a large org, especially a public one, knows that there is excessive bloat. Many people at large orgs do nothing. They go to great lengths to ensure it looks like they're doing something, which I guess is something itself.
PS - I'm neither for nor against the layoffs at Twitter.