That's $1,000 per employee laid off. They might have been making $60,000 a year each.
$30 million is way too much to pay anyone (especially shareholders) but firing the CFO is not a silver bullet.
Alternative viewpoint. You could have retained 5,000 employees.
500
I'm always getting powers of ten wrong.
Regardless 500 workers Vs one CFO?
That's $1,000 per employee laid off. They might have been making $60,000 a year each.
$30 million is way too much to pay anyone (especially shareholders) but firing the CFO is not a silver bullet.
Alternative viewpoint. You could have retained 5,000 employees.
500
I'm always getting powers of ten wrong.
Regardless 500 workers Vs one CFO?