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I'm wondering where the loss is coming from. I'm skeptical that it's all coming out of the cost of infrastructure and workforce. I know they've had some company
by slezakattack 10y ago
I'm wondering where the loss is coming from. I'm skeptical that it's all coming out of the cost of infrastructure and workforce. I know they've had some company acquisitions in the past, so I wonder how that is coming into play.
- dopamean 10y ago400 million a year to Google and then who knows how much more on AR/VR stuff.
- fastball 10y agoWell, they do have 1859 employees. If you say on average they're paid $50k each (totally made up estimate, would love for someone to give me a better one), that would be almost $100mil a year in base salary alone.
- ladon86 10y agoI would 2.5x that estimate and with benefits etc, round it up to total cost $200k per employee.
- calvinlh 10y agoKeep in mind it's highly unlikely that all of those employees are engineers, probably lots of sales/marketing/customer service people. Still, with benefits and stuff I'd estimate maybe 100k per on the low end.