"it's now worth 1/10 what you paid for it" seems like death to me; I assume those fired Twitter engineers just thought that would be considered failure.

The sole asset propping up the stock valuation was the engineers?

This is a fair point. I think there were also product people in the rif that might’ve been able to push back on the notion of incinerating the Twitter brand.

Obviously not, but when your engineers are leveling lawsuits left and right it certainly doesn’t help with confidence in your company.

Add to that the kind of person Musk is and Twitter is on a nosedive, it just has an absurdly long way to fall.