this post was submitted on 16 Nov 2023
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I would never have guessed that an app like signal would spend almost 20 million in salaries. I wonder what is the salary of the executives.
It's not only salaries:
Still, the cost equals almost 400 000 dollars per employee. That is a LOT of money. Even half that (twice the employees or half the cost) would still be a lot.
That is not that much in this industry.
I've got roughly 25 years in the software development industry and depending on what talent market you're working in, that 400k may not even be enough for one engineer or architects salary.