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They lost 3 billion in Q1, and 5B since in all of 2022, so that's pretty much a billion a month. Let's assume they have 3000 employees working exclusively in Re
by activitypea 4y ago
They lost 3 billion in Q1, and 5B since in all of 2022, so that's pretty much a billion a month. Let's assume they have 3000 employees working exclusively in Reality Labs with an average annual salary of 200k per employee. 200k a year rounds up to around 17k a month, times 3000 comes out to around 50 million dollars a month, which is 5% of their monthly spending. Even if they were spending $500 million every month just on outsourcing/parternships (unlikely), that still makes personnel costs around 10%. I just can't imagine where all that money is going.