Exactly. Every employee costs the company 1.5x-2x their salary (benefits, taxes, etc, etc). So, you are talking just a few months of personal costs covered (not to mention piles and piles of other, non-personnel, costs). $780M in the bank at is a terrifyingly small amount of money to work with.
Exactly. Every employee costs the company 1.5x-2x their salary (benefits, taxes, etc, etc). So, you are talking just a few months of personal costs covered (not to mention piles and piles of other, non-personnel, costs). $780M in the bank at is a terrifyingly small amount of money to work with.