Re:YouTube CEO calls EU’s proposed copyright regulation fina...
by AnthonyMouse on Monday November 12, 2018 @03:38PM
(#18435526)
> Sounds like they could solve this really easily by just hiring a lot of people, which is also very easy to do when you stashed over $100,000,000,000 and revenue is still growing and taxes are still diminishing and employees are still called contractors.
400 hours a minute is 400x60x24x365=210,240,000 hours a year, equivalent to ~100,000 full-time employees. Anything less than $15/hour and they'll be hearing from Bernie Sanders, plus FICA and any employee benefits. Then they need real estate to work, utilities, parking, furniture, computer equipment, HR/IT/accounting support staff etc. The cost is in the ballpark for the estimates of YouTube's total revenue. Profits would be a fraction of that after all the existing expenses for hosting infrastructure and staff.
And the $100B in cash is across all of Google. They would have to be pretty dumb to spend it down continuing to operate something that could never be expected to turn a profit again.
400 hours a minute is 400x60x24x365=210,240,000 hours a year, equivalent to ~100,000 full-time employees. Anything less than $15/hour and they'll be hearing from Bernie Sanders, plus FICA and any employee benefits. Then they need real estate to work, utilities, parking, furniture, computer equipment, HR/IT/accounting support staff etc. The cost is in the ballpark for the estimates of YouTube's total revenue. Profits would be a fraction of that after all the existing expenses for hosting infrastructure and staff.
And the $100B in cash is across all of Google. They would have to be pretty dumb to spend it down continuing to operate something that could never be expected to turn a profit again.