> Can the drop in revenue be offset by the ~80% drop in payroll? So, I suspect it does offset some of it but still remember that twitter is spending ~1.5 Quart

> Can the drop in revenue be offset by the ~80% drop in payroll? So, I suspect it does offset some of it but still remember that twitter is spending ~1.5 Quarters of payroll in order to get this offset. For 2022Q2, twitter had a revenue of about 1.2B and stock based compensation of .28B [1]. So assuming, stock compensation is 2x cash compensation would imply that saving 80% in payroll saves < 0.7B per quarter which is 3/4 of their lost revenue [2]. I suspect it's really going to be like 3-5x though as employees with high compensation skew heavily towards stock. Note: I did round numbers often. [1]: https://s22.q4cdn.com/826641620/files/doc_financials/2022/q2/Final_Q2'22_Earnings_Release.pdf https://s22.q4cdn.com/826641620/files/doc_financials/2022/q2... [2]: https://news.ycombinator.com/item?id=35041019 https://news.ycombinator.com/item?id=35041019