I think the real question is: Twitter grew 3x on the headcount front with a flat stock price over the course of less than 5 years. What exactly where these thousands of employees actually doing and why did the previous CEO think what they were doing was worth hiring them for? That's just basic accountability from a stock holder or employee perspective. That's apparently a ton of money being wasted on nothing at all.
There were multiple executives making $10m/yr+
There were board members
There were shareholders
Why did all of them not stop this headcount increase if it's as easily reduced as "too much headcount bad, smaller headcount good"? These are paid professionals who are supposedly wealthy, good at their jobs, smart, informed, etc.
How can us commenters on HackerNews sit from our armchair and say "ah, goofballs should've just not let headcount get so high!"
These qualified people thought at the time it was a good idea to get up to 7.5k people. How were they all wrong?