Re:Twitter beats estimates, cuts jobs with eye on 2017 profi...
by criddell on Thursday October 27, 2016 @02:05PM
(#12807615)
I would cut 90% of the people and cancel lots and lots of projects.
The people that remain would be well compensated. If you can cut 90% of the workforce and still preserve half the revenue (and that might not be possible), then you can pay each person $1 million per year.
Really though, I just have a hard time understanding what three thousand people are doing to keep Twitter running day after day. I keep coming back to thinking about how Instagram had 15 people working there when Facebook bought them.
The people that remain would be well compensated. If you can cut 90% of the workforce and still preserve half the revenue (and that might not be possible), then you can pay each person $1 million per year.
Really though, I just have a hard time understanding what three thousand people are doing to keep Twitter running day after day. I keep coming back to thinking about how Instagram had 15 people working there when Facebook bought them.