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> Quick off the cuff math, if you figure $200k all-in per employee, that's $100mm/year they'd save by going from 1000 to 500. Your math is off by an order of m
by morgante 11y ago
> Quick off the cuff math, if you figure $200k all-in per employee, that's $100mm/year they'd save by going from 1000 to 500.
Your math is off by an order of magnitude. Twitter spends >$100M per quarter on stock-based compensation alone. [0] Just what do you think Twitter's major expenses are in "Research & Development" (for example)? I guarantee you that employees are by far their number 1 line item (as they are for most tech companies).
Twitter's Q3 2015 expenses were ~$500M. Do you really think that the majority of that wasn't salaries?
[0] http://seekingalpha.com/article/2253623-twitters-stock-based-compensation-expenses-raise-another-red-flag http://seekingalpha.com/article/2253623-twitters-stock-based...
- npizzolato 11y agoOff by an order of magnitude? Are you suggesting Twitter spends 2 million per employee per year?
- lern_too_spel 11y agoAt least half a million per year per employee on average. 200k won't even pay salary, let alone benefits and taxes.
- spacecowboy_lon 11y agoA good rule of thumb is a FTE (Fultime employe) costs 3x their salary so 500-600k isn't to far off.
- mikekchar 11y agoRather than imagine what Twitter spends on what, you can find out for sure: https://investor.twitterinc.com/ https://investor.twitterinc.com/ All public companies have to report that stuff and it is usually free to download from their website. It is an incredibly useful skill to learn to read annual and quarterly reports. You can find out if your company is about to tank ;-)