While its always great for your career to be in a company that's constantly growing - sometimes being that person that can help the company do a lot more with less resources is even better for your career. When everyone's jumping ship - the people who choose to stay on-board can often be very rewarded as far as their career growth goes.
First Disney wanted to buy them apperantly, then Google. Then they both pulled out for some reason, and they are laying people off like crazy.
I may be wrong but from the little research I just did it sure seems like things aren't great.
The reason is that it's too expensive. For the right price, those companies would still be interested.
The high stock price indicates investors think Twitter can still grow a lot. That isn't clear to me.
1. Not lean enough. That's why today's news bumped their share price.
2. Not great at leveraging value into revenue. That's what an acquirer would do, ostensibly.
Plus, the specifics of the Disney/Google rumors are of dubious veracity. Don't put too much, er, stock into them.
You could argue that they've hit peak audience and that might be fair. A change in leadership would probably push Twitter into becoming a more aggressive on the acquisition front itself, too. Basically, a lot of untapped value and too much overhead.
As the article implies, it isn't far from profitability, and is cutting back to ensure it will be profitable.
Silicon Valley demands hockey-stick growth, but there's no reason why Twitter can't keep ticking along comfortably.
Twitter is not a 100 000 people company where there's a 300 people division being restructured. It's a major management failure that needs at least 50% of lay off. At this scale, it will reflect to the entire environment and all the employees.
Twitter came to being back in 2006.
That's a long time to wait for the first profit.