Re:Revenue per hour per employee of the big tech companies
by samspenc on Sunday July 10, 2022 @05:13PM
(#32049099)
The number of employees looks off, I wonder if the author used 2021 end-of-year numbers? And maybe 2021 revenue numbers as well? This is current employee count I see on Google Finance for these companies (number in brackets is from the Twitter post):
Amazon: 1,608,000 currently (1,298,000 in original post) 24% increase
Apple: 154,000 (147,000), 5% ⬆
Alphabet: 163,906 (135,300), 21% ⬆
Microsoft: 181,000 (163,000), 11% ⬆
Meta: 77,805 (58,600), 33% ⬆
Netflix: 11,300 (11,300), this doesn't appear to have changed?
Re:Revenue per hour per employee of the big tech companies
by wizofaus on Sunday July 10, 2022 @03:35PM
(#32048132)
Amazon's a real outlier there, presumably because it doesn't outsource services that make heavy use of low-skilled/low-paid workers. But is that necessarily a bad thing?
To what extent do Apple etc. rely on other companies doing "dirty work" for them to ensure only high skilled employees are on their payroll?
Re:Revenue per hour per employee of the big tech companies
by wizofaus on Sunday July 10, 2022 @05:15PM
(#32049119)
But surely Amazon have the same profit taking opportunities as other tech giants. Presumably they do make money out of advertising and selling personal data too...
Re:Revenue per hour per employee of the big tech companies
by hubraumhugo on Sunday July 10, 2022 @03:36PM
(#32048146)
It depends on the context. Many of Amazon or Tesla's workforces do low-skill work, and each employee isn't bringing in all that much revenue. For software-only companies, this could indeed be an intersting metric aside from just margins.
Amazon: 1,608,000 currently (1,298,000 in original post) 24% increase
Apple: 154,000 (147,000), 5% ⬆
Alphabet: 163,906 (135,300), 21% ⬆
Microsoft: 181,000 (163,000), 11% ⬆
Meta: 77,805 (58,600), 33% ⬆
Netflix: 11,300 (11,300), this doesn't appear to have changed?
IIRC, they are actually making a loss most quarters excluding their cloud computing unit (AWS) which is pulling up their profit margins a bit.
Wouldn’t that be better than just valuation ?
It’s an interesting thought experiment to wonder what it be like if the workers at Netflix actually took home that kind of money.