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A comment on The financial mistakes behind why a startup laid off 400 employees overnight. Parent comment

Re:The financial mistakes behind why a startup laid off 400 ... by dabockster on Friday August 10, 2018 @12:11AM (#17730627)
> The business model can't afford employee overhead at even poverty salary levels.

And on 1099 too. You've managed to play so much financial hop scotch that you've gotten out of paying FICA taxes and labor premiums, and you still can't sustain your business?

Just wow.

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Re:The financial mistakes behind why a startup laid off 400 ... by traek on Friday August 10, 2018 @12:32AM (#17730696)
Did you read the article? A big part of their financial problems was that the virtual assistants were full employees, not 1099/contractors.
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