News for hackers. Stuff that matters.

A comment on Musk SEC Filing. Parent comment

Re:Musk SEC Filing by heretogetout on Monday June 06, 2022 @10:02AM (#31640609)
> A 10% layoff of only salaried workers isn't that large of a layoff.

How many people does this amount to?

[ Parent | on HN ]
Re:Musk SEC Filing by mlindner on Monday June 06, 2022 @10:09AM (#31640699)
Given that the salaried work force is going to be less than half by economic necessity of a manufacturing company, the actual layoff then would be less than 5%.
[ Parent | on HN ]
Re:Musk SEC Filing by heretogetout on Monday June 06, 2022 @11:01AM (#31641368)
I'm not sure that assumption is reasonable, especially if a company has to front-load R&D.
[ Parent | on HN ]