They are laying off 260 employees. Lets say they average $100k in salary. The rule is generally that the cost to a company is 1.4x the salary, so $140,000 per

They are laying off 260 employees. Lets say they average $100k in salary. The rule is generally that the cost to a company is 1.4x the salary, so $140,000 per employee. That is $36.4 million dollars. At a place like Plaid, I am guessing even cutting C-level salaries to zero wouldn't put much of a dent in that amount... and you still need someone to lead the ship.