this post was submitted on 03 Dec 2023
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Technology

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We estimate that by 2025, Signal will require approximately $50 million dollars a year to operate—and this is very lean compared to other popular messaging apps that don’t respect your privacy.

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[–] Vlyn@lemmy.zip 15 points 11 months ago (12 children)

Is it just me or is $19 million per year for 50 full-time employees insane?

Even for US salary standards.

[–] TheChurn@kbin.social 6 points 11 months ago

Role of thumb is an employee costs roughly twice their base salary, as the employee still needs to cover insurance, taxes, sick time, and other benefits.

That leaves an average salary of 190K for the 50 employees. That isn't much for tech.

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