Seems to be a social-engineering attack on Twitter staff.
Even then, how tech illiterate is this employee with such high permissions to fall for a social engineering attack? I would like to know what this employee's role was in the company.
Also who did the social engineering?
But even then, that there is no system to detect mass modifications and no delay before the changes take place is incredible. Unless they were able to social engineer their way into multiple employee's accounts to avoid detection, which would be an incredibly bad problem by itself.
Twitter seems to have a shaky history when it comes to limiting employee access to account info.