Uber’s Losses Widen as SoftBank Launches Bid to Buy Shares

Re:Uber’s Losses Widen as SoftBank Launches Bid to Buy Shares by swimfar on Thursday November 30, 2017 @12:52PM (#15817794)

I doubt that there's a single full-time employee (in the US) that only costs them 50k/year. Total overhead costs are a lot higher than the employee's salary. I have no idea what the distribution of salaries look like, so this doesn't necessarily invalidate your point.

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Re:Uber’s Losses Widen as SoftBank Launches Bid to Buy Shares by sandworm101 on Thursday November 30, 2017 @01:05PM (#15817931)

Their sales/brand reps are reportedly paid 20$/hour, which works out to about 40k. I don't know what the benefit package is but I doubt it's much, as I doubt they are all paid for full 40-hour weeks. So I assume they have a pool of sub-40k people.

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Re:Uber’s Losses Widen as SoftBank Launches Bid to Buy Shares by lostboys67 on Thursday November 30, 2017 @01:31PM (#15818196)

rule of thumb is 3x your salary is your cost to employer

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Re:Uber’s Losses Widen as SoftBank Launches Bid to Buy Shares by aetherson on Thursday November 30, 2017 @02:09PM (#15818553)

Not at engineer salaries. Maybe if you're a minimum wage employee.

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