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A comment on Biggest layoffs of 2023: Firms fired employees in jaw-dropping numbers. Parent comment

Re:Biggest layoffs of 2023: Firms fired employees in jaw-dro... by adaml_623 on Saturday December 30, 2023 @05:34AM (#38814163)
Is there some principle that if everyone has heard of a company and you don't feel you have to explain who they are then they are probably a minimum of X thousand people?
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Re:Biggest layoffs of 2023: Firms fired employees in jaw-dro... by edejong on Saturday December 30, 2023 @05:38AM (#38814184)
WhatsApp before acquisition had 55 employees and was well known.
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Re:Biggest layoffs of 2023: Firms fired employees in jaw-dro... by mypalmike on Saturday December 30, 2023 @06:36AM (#38814448)
In any online discussion of company sizes, someone must mention the furthest outlier in the history of business.
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Re:Biggest layoffs of 2023: Firms fired employees in jaw-dro... by block_dagger on Saturday December 30, 2023 @08:15AM (#38815045)
Instagram
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Re:Biggest layoffs of 2023: Firms fired employees in jaw-dro... by oblio on Saturday December 30, 2023 @09:06AM (#38815365)
Neither of those (Whatsapp, Instagram were profitable, far from it.

And most companies making billions need thousands of employees, especially software devs need to understand that.

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Re:Biggest layoffs of 2023: Firms fired employees in jaw-dro... by danjac on Saturday December 30, 2023 @05:41AM (#38814199)
It's apples to oranges comparing different companies with different needs. Some companies may require more non-technical staff for things like legal compliance, or have complex technical requirements that are hidden beneath a simple UI.
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Re:Biggest layoffs of 2023: Firms fired employees in jaw-dro... by YetAnotherNick on Saturday December 30, 2023 @06:19AM (#38814363)
Well while this number is not false, it's highly misleading as they had no intent of earning any profit.

And so they outsourced everything to others. Their 2013 expense is $148M for $10M of revenue[1]. They aren't spending $148M on 55 employees for sure. And that doesn't include server cost(which is likely very low due to optimizations).

[1]: https://www.sec.gov/Archives/edgar/data/1326801/000132680114...

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Re:Biggest layoffs of 2023: Firms fired employees in jaw-dro... by cpursley on Saturday December 30, 2023 @05:58AM (#38814269)
Erlang
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