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They lost around 1185 people over the last 3 months. They claim that this is all that they will lose for a while. 1185 x $150000 average salary per employee (g
by djhaskin987 7y ago
They lost around 1185 people over the last 3 months. They claim that this is all that they will lose for a while.
1185 x $150000 average salary per employee (guessing at the numbers) yields annual savings for the company of $177.75 million. A sizable chunk, I suppose, but they lost 656 million EBITDA just last quarter, or around three times that amount.