3 ms·
Worker productivity is measured as "amount of goods" over number of employees. If you say "revenue" is the same as "amount of goods" then Amazon gives you: 386
by retrocryptid 5y ago
Worker productivity is measured as "amount of goods" over number of employees. If you say "revenue" is the same as "amount of goods" then Amazon gives you:
386.1b dollars / 798k workers = $483,834.58 / worker
That's impressive, but...
Alibaba: $717.3b / 251k workers = $2.8m / worker
FlipKart: $436.2b / 30k workers = $14.5m / worker
Texas Instruments: $14.38b / 30k workers = $468k / worker
G.E.: $75b / 174k workers = $431k / worker
I would agree with your assertion that it is one of the most productive companies to have ever existed, but so are a lot of other companies and they don't seem to hire people just to fire them later.
And heck, the last company I worked for was a small firm capitalized with several tens of thousands of dollars from its founders followed by a $75k angel round. Its revenues last year were around $38m with a staff of about 45 people or around $800k / worker. And they achieved it with a couple orders of magnitude less investment than AMZN.