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Comment by mike_hearn

4 hours ago

For that to be true, the revenue loss would have to be related to the loss of headcount, e.g. due to downtime or other issues. Rather the revenue loss was due to an advertiser boycott driven by Elon's rejection of woke politics. That wouldn't apply to other tech companies that made similarly deep layoffs.

Look at it this way. Could Google lay off 70% of employees and keep the lights on, even still launching some new features on core properties, whilst preserving revenue? It'd be surprising if the answer was no.