Layoff was probably 50% accounting for another chunk of people leaving soon after, so that staff reduction will be 60-70% in total.
Also, I don’t think the majority of people even work on core products.. for example, did you know Twitter implemented their own OnlyFans competitor? It never launched afaik
Step 1 is to trim as much as possible and consolidate core functionality…
Step 2 is back to profitability.
I understand that, let’s see if it works