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Yes. But arguing around $1B saved won't be easy.
by k__ 6y ago
Yes.
But arguing around $1B saved won't be easy.
- PragmaticPulp 6y ago> But arguing around $1B saved won't be easy. That’s about 0.6% of revenue for Google. Number sounds big until you put it in perspective and realize it’s just noise. If people were even 1% less productive (in terms of producing revenue) then even that $1B saved isn’t profitable. That said, there could be other arguments for expanding WFH but saving less than 1% of expenses is not one of them. It’s likely that the savings are largely due to COVID preventing typical travel anyway, which had nothing to do with WFH.
- missedthecue 6y agoThe $1B is investment. It's not bloat or inefficiency. In theory, that $1B that they were not able to invest this past year has a return greater than a billion dollars.
- f6v 6y agoAnd what are they going to do with that $1B? FAANG has so much cash they don't know how to spend it.