News for hackers. Stuff that matters.

A comment on Meta lays off 11,000 people. Parent comment

Re:Meta lays off 11,000 people by shagie on Wednesday November 09, 2022 @01:15PM (#33535645)
https://www.wolframalpha.com/input?i=AAPL+GOOG+META

                       | Apple           | Google          | Meta
    market cap         | $2.245 trillion | $1.163 trillion | $261.8 billion
    revenue            | $387.5 billion  | $278.1 billion  | $117.9 billion
    employees          | 154000          | 174014          | 71970
    revenue / employee | $2.517 million  | $1.598 million  | $1.639 million
[ Parent | on HN ]
Re:Meta lays off 11,000 people by steviesands on Wednesday November 09, 2022 @02:31PM (#33536684)
I checked a few days ago and the revenue per employee at big tech is eerily similar to "Biglaw" and non retail banking (Jones day, >200k entry level, goldman is similar) at 1-2mil per employee. One could argue the market for IB/trading has been saturated by applicants for years but they pay is still well above norms ~>150k entry level. Pretty interesting.
[ Parent | on HN ]
Re:Meta lays off 11,000 people by pishpash on Wednesday November 09, 2022 @10:33PM (#33541860)
Revenue isn't profit. Now show profit/employee.
[ Parent | on HN ]