"Highly unlikely. Let me use a comparison to illustrate: At the moment of its acquisition, WhatsApp had 42 employees, 400 million daily active users, video and voice call functionality, end-to-end encryption, and its own in-house cloud infrastructure. Twitter has 250 million daily active users and much simpler functionality," Alex Fink, CEO at information platform Otherweb, said.
"Serious software companies can be run by small numbers of people, and that's really what technology is all about; scaling up human effort in effect size/range," the Miami-based tech entrepreneur told Sputnik, suggesting that "the lever and fulcrum lets us lift beyond our strength, 'tele-grams' and 'tele-phones' underneath 'tele-communications' would have been understood by the Ancients quite literally."
Against The Grain
"The layoffs will only lower the burn rate, giving the new team more time to actually change the way Twitter functions and provides value to people. In other words, if Musk succeeds - it will change the information ecosystem, but it will not affect management practices in the tech industry," Fink stated.
"Unlike other tech companies, Elon Musk is on a different route. He is not only firing employees to cut down Twitter’s expenses. But it seems like employees who wouldn’t prefer the work culture Musk is trying to implement are getting fired. Also, it seems like Elon only wants to work with people he is more comfortable with. Hence, there are some new hirings," Khatwani said.
"And when it happens, it will surely put certain tech companies out of business," Khatwani concluded.
Legal Backlash
"Twitter’s structural slash and burn project have done it no favours and may not even have saved it any money, certainly in the short to medium term. Public outrage, user exodus and unplanned resignations of business critical employees have come alongside talk of numerous group actions by former employees," the legal expert said.