Interesting strategic window: You can't innovate and software engineer using 1950s style "butts in seats". Maybe this is a signal twitter isn't going to innovate, develop, and maybe even operate, internally, at least going forward. You need code for a new feature? Buy a startup that already wrote it. You need to keep something running? Contract out instead of employees. Very few companies have a full time plumber or…
Twitter does content moderation. That's your primary product when you're a billion dollar advertising company with a content farm of 300M people - your product is that the Ford ad you just sold is not going to sit above or below an (actual no-foolin' not just political-pejorative) neo-nazi.