I do think the trend of the tiny team is growing though and I think the real driver were the laysoffs and downsizings of 2023. People were skeptical if Twitter would survive Elon's massive staff cuts and technically the site has survived.
I think the era of the 2016-2020 empire building is coming to an end. Valuing a manager on their number of reports is now out of fashion and theres now no longer any reason to inflate team sizes.