Comment by nathanvanfleet

Maybe they had internal teams that were working on a new social network app and are now divesting from that (not working on it, not releasing it). Maybe they had a lot of smaller teams who were iterating on the experience to increase engagement, lower friction etc which they will now not pursue etc. "Bloat" is a bit naive that somehow they are just paid to look at the left corner of their office or something. The company built out teams to look into new experiences or to make the experience better and they are going to be doing less of that at least for a while