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“As of December 31, 2018, our Research and Development departments employed 51,948 people (+5.3%) Group-wide or 7.8% of the total headcount.” They also spend €
by carlsborg 7y ago
“As of December 31, 2018, our Research and Development departments employed 51,948 people (+5.3%) Group-wide or 7.8% of the total headcount.”
They also spend €13.6 billion on r&d every year.
- jryle70 7y agoVW's revenue in 2018 is €235.85 billion so that means they spent 5.7% of revenue on R&D. For comparison, Nokia spent 11% of their net sales in 2007 on R&D, at the time when they appeared invincible, also the year iPhone was announced. Those huge numbers usually don't correlate with success.