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Your 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 i
by somenameforme 3y ago
Your 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 3y agoThat would still have every employee bring in ~double their pay.
- bilekas 3y agoAhh I was working off twitter's Value as opposed to earnings. But to turn profitable sounds optimistic..