> Is it clear? I haven't really used Twitter since well before the acquisition, but I've heard nothing but complaints about bugs, ad revenue falling off a cliff and replies being nothing but right-wing reply guys.

I think it's pretty clear that there was a lot of fat to cut. From a technical perspective Twitter hardly seems to be suffering at all.

The biz move (to pivot to a right-leaning social network) is what scared off users and advertisers, not the layoffs per se. In a counterfactual world where Elon slashed staff but left the existing policies and target demographics in place, Twitter would've been a lot healthier.