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$1 billion across 5000 employees is just $200,000 each. I suspect if you add total comp plus expenses for each employee you get to $200,000 pretty quickly.
by giarc 4y ago
$1 billion across 5000 employees is just $200,000 each. I suspect if you add total comp plus expenses for each employee you get to $200,000 pretty quickly.
- AlexandrB 4y agoThat's only if Twitter can continue to function at the same revenue without those 5000 employees. That remains to be seen.
- mikeyouse 4y agoSaw a note today they're going to layoff a number of "highly compensated" sales people highlighting that they made even more than very senior engineers... which is an interesting plan for a company trying to salvage revenue.
- buscoquadnary 4y agoTwitter has salespeople? Like what do they sale? I'm not trying to be facetious I am just ignorant.
- mikeyouse 4y agoAnyone that has revenue has salespeople. Twitter’s (and every tech company’s) sales staff convince large companies to spend money paying for Twitter ads. A good salesperson will be mostly paid on commission for bringing huge clients who spend millions of dollars per year on advertising. Their comp is high specifically because they can sell many multiples of that comp. A salesperson that has the ability to call the head of an advertising agency and get them to answer the phone is maybe the most valuable possible employee in any ad-supported business.
- yamazakiwi 4y agoI'm being pedantic just for clarification but not everyone that has revenue has salespeople. Correct me if I'm wrong, but you're implying a lot of companies you might think wouldn't have salespeople do in fact have them.
- jdlshore 4y agoThey sell ads, so the high-end salespeople were probably in relationships with big enterprise ad purchasing departments.