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DRUKSTOP t1_j6ow9b0 wrote

Reply to comment by Hishui92 in PayPal to lay off 2,000 employees in coming weeks, about 7% of workforce by DeificClusterfuck

Not that many.

If we do some SUPER conservative math at 2k workers at an average salary of 70k (not to mention taxes, healthcare and other expenses) that would be 140m saved.

The CEO made 23m in compensation last year. 33% of 23m is 7.6m.

7.6m/70k=110 employees.

Again, probably saves even less employees as they are probably making more money and the other costs associated with having an employee on payroll.

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Hishui92 t1_j6p097t wrote

Toss in the salary and non cash benefits of all top executives and I feel we'll be getting a lot closer.

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