4 ms·
Tech companies are making record profits, more and more of the economy is being digitized and automated… there’s been a tech gold rush in the pandemic, giving t
by pm90 5y ago
Tech companies are making record profits, more and more of the economy is being digitized and automated… there’s been a tech gold rush in the pandemic, giving tech companies the ability to compensate better than they did before.
- NotSammyHagar 5y agoYeah, there's clearly no barrier to tech companies paying a good amount more, and still being incredibly profitable. The stock conversation is not that expensive for faangs for free but if the stock keeps going up. It's making it harder for regular companies to hire tech workers.
- dumbfounder 5y agoYes, but salaries are spiking in non-tech companies too, and they are not having record profits.