Re:Robinhood lays off 23% of staff
by adam_arthur on Wednesday August 03, 2022 @04:32PM
(#32336360)
Google could fire their entire org outside of ads, search, and android and still roughly maintain the same revenue/growth.
It's quite obvious. They are dominant via first mover advantage and monopoly esque positioning in search.
And they could likely even not change search at all and stay on top for 10+ years.
What is the marginal value today of a given Google employee to the company's bottom line? Super low.
The tailwinds driving strong growth for these companies came primarily from macro/digitalization, not because they invented feature X which enhanced revenue
It's quite obvious. They are dominant via first mover advantage and monopoly esque positioning in search.
And they could likely even not change search at all and stay on top for 10+ years.
What is the marginal value today of a given Google employee to the company's bottom line? Super low.
The tailwinds driving strong growth for these companies came primarily from macro/digitalization, not because they invented feature X which enhanced revenue