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A comment on Facebook reportedly laying off thousands of employees. Parent comment

Re:Facebook reportedly laying off thousands of employees by snotrockets on Thursday October 06, 2022 @03:56AM (#33105673)
If I’m doing the math right, revenue is slightly more than $1,400,000 per employee. If at all, $150k is underpaying employees.
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Re:Facebook reportedly laying off thousands of employees by hcks on Thursday October 06, 2022 @04:36AM (#33105961)
Yes, the comments pointing out the supposedly too high salaries for tech workers are always hilarious + 150k is really not anything crazy wrt COL in large US cities
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Re:Facebook reportedly laying off thousands of employees by saagarjha on Thursday October 06, 2022 @06:00AM (#33106424)
If anything, $150k (TC) is a pretty low offer for a fresh graduate in the Bay Area.
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Re:Facebook reportedly laying off thousands of employees by jcalvinowens on Thursday October 06, 2022 @02:10PM (#33111795)
Sir, this is capitalism.

I've never understood that viewpoint. It's equivalent to claiming a cashier is underpaid because $7.50/hr is a tiny percentage of the sales that go through their register.

The world doesn't work like that. You're paid based on the cost of replacing you, not the value you deliver.

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