This is an asinine assumption. I doubt even 10% of recruiting employees at Twitter have a HYSA, let alone make in excess of $200k/year. As stated below [1], those affected seem to be recruitment (which lines up with the LinkedIn post's user profile saying they are in recruiting).
Even ignoring this, there are thousands of situations where layoff + stock blackout can be financially devastating even for people with "well off" jobs. The entire reason it's recommended to keep a 3-6 month emergency fund is for emergencies - surprise medical costs + reduced pay on disability if you get cancer/car accident/etc. or struggling with a dip in household income from a spouse losing their job during a second-in-two-years recession. If one of those happens to you and _then_ you're laid off, you'd probably be more sympathetic.
Over half the U.S. lives paycheck to paycheck. It doesn't require a ton of imagination to envision why even people living in the bay area working at Twitter might be in dire economic circumstances after a layoff and stock blackout.
Even ignoring this, there are thousands of situations where layoff + stock blackout can be financially devastating even for people with "well off" jobs. The entire reason it's recommended to keep a 3-6 month emergency fund is for emergencies - surprise medical costs + reduced pay on disability if you get cancer/car accident/etc. or struggling with a dip in household income from a spouse losing their job during a second-in-two-years recession. If one of those happens to you and _then_ you're laid off, you'd probably be more sympathetic.
Over half the U.S. lives paycheck to paycheck. It doesn't require a ton of imagination to envision why even people living in the bay area working at Twitter might be in dire economic circumstances after a layoff and stock blackout.
[1] https://www.wsj.com/articles/twitter-lays-off-third-of-talen...