[sidfthec]

It's not an example at all. It's just as baffling to use it as an example when there are much better sources.

Pre-Elon, you have financial statements showing the strength of the company. Profitable before Covid before they hired a massive number of people (like a lot of companies during covid) and then dropped below profitability. It's very possible that a smaller layoff and a focus on fundamentals could have brought them back to profitability.

Elon has admitted that they've lost around 50% in ad revenue since the takeover and that they're not cash-flow positive. Reports are saying 59%-70%. I'm inclined to believe that Elon is under reporting to the public (based on his history of exaggerating/under-reporting/lying about this kind of stuff). Either way, it's clear Twitter is in a much weaker position now than pre-takeover.