Losing money in 2021 for a tech company in Twitter’s position is dire. That was the most intense boom year the industry has experienced since at least the 90s, maybe ever. Meta had all time high gross revenue and net income, both about 35% higher than in 2020. They haven’t lost money and are still reducing headcount by 12%. Twitter’s layoffs were bound to be much greater.

I am not a fan of Elon Musk, for what it’s worth, and I’m sorry that you felt the need to make this some kind of tribal battle instead of a productive discussion. Twitter’s financial issues were well known before Musk became involved, and it is widely agreed that he greatly overpaid for the company. Nothing he has done with the company should impress anyone at this point. The point stands that the company was going to be experiencing major pain even without him.