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Always remember: numbers without context are meaningless. Google had 180bn revenue in 2020. In normal circumstances , even with much more WFH, they'd still pa
by the_duke 6y ago
Always remember: numbers without context are meaningless. Google had 180bn revenue in 2020.
In normal circumstances , even with much more WFH, they'd still pay for regular company get togethers. They'd pay for more satellite offices. They'd pay for conferences because making cross industry connections and promotion is important.
These savings don't mean much. Even more so if they lead to a potential dip in efficiency (not arguing that's the case, mind you) or reduced employee retention. Less personal engagement leads to less attachment to the company.
The effects of that are barely visible after a year.
- joering2 6y agotwo. billion. dollars. per. day. or $23,000 USD per second. Mostly from advertising, some 87%. Funny to think in their initial whitepaper, Brin and Page were heavily arguing against paid (sponsored) ads in search result of a search engine, as it would skew the results to the point where people would stop using it.
- mike_d 6y agoI think your math is a bit off... they make $5,707 per second. Walmart by comparison makes $17,730 per second.