That is true if the layoff is specific to Twitter and not a harbinger of a general downturn

There is another bloated company with an unclear growth story right across the street from Twitter, and it happens share same CEO. How long can Square keep up its act?

Square has a clear business model, i.e. transaction commissions. I don't think it's particularly comparable to Twitter.

What makes you say that? Last I saw they had great revenue/were filing for IPO. Just wondering.

Twitter has great revenue too. It's the profit that's problematic.

Profit is not a problem as long as you have growth. Twitter doesn't have that, and neither does Square.

Yeah, honestly I'd think it were sad if they were, say, manufacturing employees who were laid off and had poor prospects, but in today's market any decent engineer or product person who worked at Twitter would be snapped up in a second.