If you’re just laying off engineers to meet some profitability measure for Wall Street then you’re not going to fix innovation. You need to replace all of management who are the ones who are in charge of what the engineers are doing.
Google is completely lost and doesn’t know what it does. Management launches new products just to look good and shuts them down a year later, and still the only thing making money is search and ads. That’s not going to be fixed by laying off engineers.
In addition, if this occurs, make sure to blame external factors or wide-ranging conspiracies.
Says another rando who doesn't have a stake.
It was starting to be sustainable: https://www.businessofapps.com/data/twitter-statistics/
I don't know exactly what they did in 2020 to mess up their numbers, but 2017 - 2021 shows a company that was stabilizing at ok profit margins.
Changes? Yes. Often superficial changes. Change "Twitter" to "X", change blue checkmarks to yellow or gray or whatever, and sell blue to the lowest bidders. As for improvements? No, I haven't seen Twitter improve much if at all since the acquisition. In fact, the removal of third-party clients for example was a gross vandalization of the service.
> Also, when Steve Jobs returned to lead apple in 1997 he fired a significant fraction of the company before starting an incredible period of innovation.
This quip misses the biggest part of the story, which is that Apple didn't cut its way to success but rather acquired NeXT for over $400 million, a massive investment at the time, and Steve was merely replacing the old guard with his people.