How can a company such as Twitter survive even after such a huge percentage of its workforce has been fired?
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There’s a difference between surviving and thriving. There are plenty of issues that the service is going through that affect user experience in a negative way (mentions, curation, for you tab, security issues, fail whale, etc). You may notice some or all of the issues. While the experience is negative, as long as it’s not too negative they will retain users which (outside of the tech) is what keeps the service alive.
Think of the tech infrastructure to run a company of that size like a big cruise ship. In the hull (the bottom part), there used to be lots of people that completed a task that prevented or fixed specific holes, but now they aren’t there. Other people now have to plug those holes and they may not be as familiar as the past employees and/or have less time, so they take longer to fix (which is why you have seen more downtime/issues if you are a heavy user). As of now the users (or in this analogy the guests of the ship) seemingly don’t mind the inconveniences caused by the holes enough to get off. Overall the service is seemingly sinking, but that doesn’t mean it will sink. If the guests of the ship start getting off though that’s where the worry really starts.
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