What is wild? Musk has said for a long time Twitter needs 75% less staff. What did you expect firing that many people to look like?
It doesn't even look like there will be any advertisers left by the time the dust settles.
It was up to Musk to assure Twitter's biggest revenue sources that he would lead with a steady hand. He hasn't done anything except publicly revel in firing people, then ignore the issue of trolls using his $8/mo. feature to impersonate corporate brands.
Digital ad campaigns have budgets, and they can be shifted around platforms without much hassle. The money will be shifted to platforms that actually listen to what advertisers are asking for, which is basic brand safety.