Delusional, toxic management. It was a great company, until they burnt all their cash, and had to fire 50% of the workforce over 6 months and 3 rounds of redundancy.
They took some huge bets that didn't come through, while continuing to hire at breakneck speed under the full knowledge that the runway was ending soon, with no revenue in sight.
Of course no company enjoys downsizing (you will see this comment from HR on other glassdoor reviews) - but they ended up in this situation because of poor, blindly ambitious leadership.