[RickFLM4]

I don’t think he miscalculated anything and don’t think anyone with money at stake is concerned. No one put money in for Twitter to maintain status quo.

As pointed out by other posters in this thread, this is common in M&A and he is trying to change the culture. The playbook calls for acting quickly and decisively on these actions, not slowly, which is what would really make a mess. The only thing unusual is the public news details for a private company, because he is who he is. Otherwise, since they don’t have public shareholders or SEC reporting obligations, he can cut deeply and recover, as necessary, without major damage. Twitter was not on a sustainable path. He will either fix that or kill it off trying. Mostly his money and money of people betting on him so doing anything other than what he thinks is the way to do it would be the real mistake.