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No, that doesn't explain it. Some cost has to be going up by much more than 22%. Headcount only went up 16% - ie. from 62k to 72k.
by MarkMc 10y ago
No, that doesn't explain it. Some cost has to be going up by much more than 22%. Headcount only went up 16% - ie. from 62k to 72k.
- 9935c101ab17a66 10y agoHeadcount "only" went up 16%, but it doesn't mean the costs associated with increasing headcount are the same as spending in other areas right? I 100% don't know for sure, but maybe it's higher than other areas and so the increased spending in headcount (16% increase is huge no matter how you cut it) has an outsized impact?
- humanrebar 10y agoMarket rate for engineers has outpaced inflation for some time. That accounts for some of that gap.