Day: March 2, 2023
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Salaries growing slower
The largest cost in a software startup is personell. About 70 % is typical, according to OnlyCFO. This also explains why loss-making companies making layoffs often need to cut 20-30 % of staff to become profitable, as that lowers total costs with 15-20%. An interesting report from Carta shows that in aggregate its customers (mostly…
Henrik Torstensson's Weblog 