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If 11k employees are 13% of the workforce, then Meta employed roughly 85k people. Holy moly, what do all these people actually do all day long? Also, assuming
by dbrgn 4y ago
If 11k employees are 13% of the workforce, then Meta employed roughly 85k people.
Holy moly, what do all these people actually do all day long?
Also, assuming an average annual wage of 80k USD, that would mean 6.8 billion USD of wage costs every year. That's quite something.
- propogandist 4y agoFacebook folks usually make 6 figures, and most have a large portion of comp in stock based comp. The number is much larger.
- dbrgn 4y agoI assumed that not every Facebook employee is a senior software engineer in California, but that they must have a lot of lower wage employees in non-tech jobs on other continents as well (e.g. for content moderation).
- TulliusCicero 4y agoA lot of content moderators are probably contractors of some kind, not FTE's for Meta.