Re:Internal Amazon documents shed light on how company press...
by retrocryptid on Monday June 21, 2021 @03:48PM
(#27583477)
Worker productivity is measured as "amount of goods" over number of employees. If you say "revenue" is the same as "amount of goods" then Amazon gives you:
I would agree with your assertion that it is one of the most productive companies to have ever existed, but so are a lot of other companies and they don't seem to hire people just to fire them later.
And heck, the last company I worked for was a small firm capitalized with several tens of thousands of dollars from its founders followed by a $75k angel round. Its revenues last year were around $38m with a staff of about 45 people or around $800k / worker. And they achieved it with a couple orders of magnitude less investment than AMZN.
386.1b dollars / 798k workers = $483,834.58 / worker
That's impressive, but... Alibaba: $717.3b / 251k workers = $2.8m / worker FlipKart: $436.2b / 30k workers = $14.5m / worker Texas Instruments: $14.38b / 30k workers = $468k / worker G.E.: $75b / 174k workers = $431k / worker
I would agree with your assertion that it is one of the most productive companies to have ever existed, but so are a lot of other companies and they don't seem to hire people just to fire them later.
And heck, the last company I worked for was a small firm capitalized with several tens of thousands of dollars from its founders followed by a $75k angel round. Its revenues last year were around $38m with a staff of about 45 people or around $800k / worker. And they achieved it with a couple orders of magnitude less investment than AMZN.