Re:Twitter says it could turn first-ever profit
by mipmap04 on Thursday October 26, 2017 @12:52PM
(#15560672)
They can easily get by with 1000? Are you sure about that? What does the timeframe look like for reducing 75% of your workforce and what kind of costs would there be in such an initiative? What lay-off laws are tripped when you do this sort of mass firing?
In 2016, they spent $957M on marketing (which is the area I often hear people saying they should reduce), most of which was personnel expense, according to their 10K filing. I suppose it's easy to look at it and just say "cut it in half" (which would nearly make up the $457M profit deficit from 2016), but is that truly realistic? What affect would that have on top line revenue?
In 2016, they spent $957M on marketing (which is the area I often hear people saying they should reduce), most of which was personnel expense, according to their 10K filing. I suppose it's easy to look at it and just say "cut it in half" (which would nearly make up the $457M profit deficit from 2016), but is that truly realistic? What affect would that have on top line revenue?