Yes, Twitter doesn't build physical things or operate any store fronts... but that doesn't mean that there isn't a lot of complexity that is within the company and the way that it maintains its funding.
This is a terrible example and you know it. Walmart has physical stores everywhere.
Besides, my comment was about Walmart, which has over 10,000 stores... So of course they have more employees than Twitter by a huge margin.
So let's imagine you run Twitter and you're operating in every western country on the planet. Now, all those countries have different laws and regulations. Are you, the genius CEO/coder/whatever going to be the one who sits down with regulators and discuss the nuance of their laws? Or are lawyers one of those salespeople/moderators?
The only reason you think they are over staffed is because you don't like the political views of the majority of employees and you disagree with their content moderation policy. That's it and it's so obvious.
No, it's because they haven't done anything innovative in a decade and their product is much simpler than a ton of tech companies with half the staff... Their stock price was super depressed and they were losing what, $4 million per day?
It's super obvious for anyone remotely financially literate that they were way overstaffed. Any buyer would have laid off at least half the staff...
Even Jack Dorsey admitted it: https://techcrunch.com/2022/11/05/jack-dorsey-speaks-twitter...
Walmart has 2.3 million employees but it's just a store. Why do they need that many when SpaceX has N employees and is launching rockets