Yup. And I saw another chart earlier that may show what's behind his thought process. For other large social media companies, the revenue-per-employee ratio is big, something like $1MM per employee, while for Twitter it's about half that, $500k per FTE.

Which is likely what's driving his desire to fire so many. If he can keep it limping along with a lower headcount, the revenue-per-employee goes up, and he can say he's just as smart as the people running other large social media platforms.