This has nothing to do with the tech side of things though? In fact the business was always on shaky grounds even before the acquisition.

From a tech perspective, the company was indeed massively bloated with tons of people clearly not contributing anything.

There go the goal posts, whooshing by at the speed of sound.

My understanding is that twitter's struggles are/were a result of advertiser and customer boycotts, not site functionality.

People were aghast at the brutality of the layoffs, and ideological direction. However, my impression was that there was in fact a tremendous amount of bloat.