The Most Costly Typos in the World
A couple of years ago, I was proofreading an annual report for one of the Big 4 banks, only to find the word ‘divided’ had been used a few times instead of ‘dividend’ – a pretty significant typo for a publically listed financial institution. Whilst this mistake was easily remedied, typos can cost companies lots of money—up to millions of dollars. Here are some examples. Car dealership loses US$50 million (or $250,000 in Walmart gift cards). In 2007, in Roswell,…