janeFondler

Because Twitter has received investment on the promise of eventual profit.

A low / no growth model is only feasible if they don't have investors / shareholders bucking for returns at every decision point. Twitter, has made a deal with the devil in becoming a publicly traded company because at some point needs to show their stakeholders a path to profitability. Job cuts, cutting expenditure whilst hopefully maintaining profits, are a good way to demonstrate this.

If Twitter wants to become a public internet utility, like wikipedia, existing investors will demand something like a share buyback, how will Twitter afford this without a period of profitability?

Finding a sugar daddy to buy them out is one option but the recent sutors probably felt that twitter stock is overvalued, largely because of the lack of profits.

Is it going to help them make better computers?

Would be hard to sleep in those houses with that waterfall crashing ad infinitum...