3 ms·
Am I wrong in saying if it was an generous estimate of 1 million per employee there is 6.5 billion, and that's insane generous. 20% being around 9billion... Bac
by bilekas 2y ago
Am I wrong in saying if it was an generous estimate of 1 million per employee there is 6.5 billion, and that's insane generous. 20% being around 9billion... Back of napkin math would disagree..
- somenameforme 2y agoYour dramatically overestimating Twitter's revenue. In 2021 it was about $5 billion in total. [1] Probably more like $100k per employee so around $650 million in labor cost reductions, and then around $1 billion loss in revenue. They are expected to become profitable sometime this year, so these numbers are probably roughly in the right ballpark. [1] - https://www.statista.com/statistics/274568/quarterly-revenue-of-twitter/ https://www.statista.com/statistics/274568/quarterly-revenue...
- candiodari 2y agoThat would still have every employee bring in ~double their pay.
- bilekas 2y agoAhh I was working off twitter's Value as opposed to earnings. But to turn profitable sounds optimistic..