Re:Alphabet Announces Fourth Quarter and Fiscal Year 2022 Re...
by magic_man on Thursday February 02, 2023 @04:20PM
(#34633230)
They made about 60 billion dollars or 366k in profit per person before the layoffs.
[ Parent
| on HN ]
Re:Alphabet Announces Fourth Quarter and Fiscal Year 2022 Re...
by JumpCrisscross on Thursday February 02, 2023 @04:28PM
(#34633350)
> 366k in profit per person
Which drives home the need to cut compensation costs. Three sixty in available spend relates to about a $180k salary. Below market. And that's assuming we're zeroing out shareholders.
Re:Alphabet Announces Fourth Quarter and Fiscal Year 2022 Re...
by milesskorpen on Thursday February 02, 2023 @04:31PM
(#34633391)
This is profit, not revenue. It already accounts for salaries.
Re:Alphabet Announces Fourth Quarter and Fiscal Year 2022 Re...
by JumpCrisscross on Thursday February 02, 2023 @04:49PM
(#34633659)
I misread gross profit. My bad.
Re:Alphabet Announces Fourth Quarter and Fiscal Year 2022 Re...
by Kokichi on Thursday February 02, 2023 @07:01PM
(#34635160)
You read what you wanted to see, didn’t you?
Re:Alphabet Announces Fourth Quarter and Fiscal Year 2022 Re...
by roflyear on Thursday February 02, 2023 @11:16PM
(#34637081)
Everyone does this including you.
Re:Alphabet Announces Fourth Quarter and Fiscal Year 2022 Re...
by beisner on Thursday February 02, 2023 @04:31PM
(#34633380)
that's profit after employee compensation costs.
Re:Alphabet Announces Fourth Quarter and Fiscal Year 2022 Re...
by jeffbee on Thursday February 02, 2023 @04:31PM
(#34633381)
That's net profit after they already paid everyone.
Re:Alphabet Announces Fourth Quarter and Fiscal Year 2022 Re...
by aaomidi on Thursday February 02, 2023 @04:47PM
(#34633631)
“ Trade private equity in technology companies. Former aerospace investment banker and before that, algorithmic equity derivatives trader. FinTech + Space + Materials seed investor."
Your bio makes this legitimately so much funnier.
Re:Alphabet Announces Fourth Quarter and Fiscal Year 2022 Re...
by nick123567 on Thursday February 02, 2023 @08:18PM
(#34635872)
Including or excluding stock based compensation expense?
Re:Alphabet Announces Fourth Quarter and Fiscal Year 2022 Re...
by muzz on Thursday February 02, 2023 @10:03PM
(#34636631)
Capitalism at its finest
Re:Alphabet Announces Fourth Quarter and Fiscal Year 2022 Re...
by ksec on Friday February 03, 2023 @10:43PM
(#34651232)
Ok, I will be the usual HN contrarian. $366K net profits per employee at the scale of Google isn’t that impressive. Especially as a software , service company which hold arguably a monopoly.