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They can easily get by with 1000? Are you sure about that? What does the timeframe look like for reducing 75% of your workforce and what kind of costs would the
by mipmap04 9y ago
They can easily get by with 1000? Are you sure about that? What does the timeframe look like for reducing 75% of your workforce and what kind of costs would there be in such an initiative? What lay-off laws are tripped when you do this sort of mass firing?
In 2016, they spent $957M on marketing (which is the area I often hear people saying they should reduce), most of which was personnel expense, according to their 10K filing. I suppose it's easy to look at it and just say "cut it in half" (which would nearly make up the $457M profit deficit from 2016), but is that truly realistic? What affect would that have on top line revenue?