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A comment on Elon Musk's $56B Tesla compensation voided by judge. Parent comment
In 2020 they lost $1.1 billion.
2018 and 2019 were the only profitable years in the 10 years prior to 2022 [0].
From 2018 to 2021 they nearly doubled the number of employees from 3920 to 7500 [1]. Jack Dorsey regretted it and apologized for over-hiring [2].
[0] https://www.statista.com/statistics/274563/annual-net-income...
[1] https://www.statista.com/statistics/272140/employees-of-twit...
[2] https://www.theguardian.com/technology/2022/nov/05/twitter-e...
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In 2020 they lost $1.1 billion.
2018 and 2019 were the only profitable years in the 10 years prior to 2022 [0].
From 2018 to 2021 they nearly doubled the number of employees from 3920 to 7500 [1]. Jack Dorsey regretted it and apologized for over-hiring [2].
[0] https://www.statista.com/statistics/274563/annual-net-income...
[1] https://www.statista.com/statistics/272140/employees-of-twit...
[2] https://www.theguardian.com/technology/2022/nov/05/twitter-e...