3 ms·
Clearly, those 8000 employees were producing -$10,000,000,000 per year.
by bqmjjx0kac 3y ago
Clearly, those 8000 employees were producing -$10,000,000,000 per year.
- shermantanktop 3y agoMath checks out. Imagine what happens when they lay off 800k!
- hiddencost 3y agoA Google SWE costs the company around $750k average, fully loaded cost. So if those were all SWEs, $6B/yr isn't an unreasonable estimate.
- dieortin 3y agoAssuming those SWEs produced absolutely zero value to Google, which I bet is not true
- bqmjjx0kac 3y agoAlso, I'm guessing legal fees and the raw cost of severance are no joke.
- hiddencost 3y agoNothing about my post was estimating the added value of the SWEs, only the cost.
- KerryJones 3y agoWhere did you get the $750K figure? I'm in the Bay Area, Sr Engineer, on the higher end of the pay scale, and no-where close to that figure.
- HDThoreaun 3y agoHow do you know how much your benefits and support staff cost?
- phantomwhiskers 3y agoIf I were to guess, I'd say that this estimate is including hardware, cloud resources, software licenses, benefits, stock options, and probably more that I can't think of in addition to salary, but I too would like a more detailed explanation on how they came by that number.
- rkagerer 3y agoProbably also the HR, legal, etc. support staff amortized across headcount.
- hiddencost 3y agoFully loaded cost. Typically you estimate that an employee costs 2x their total compensation, across various expenses.
- KerryJones 3y agoWhere is that typically? Most of those are had costs for an employee, not % based. Google has employees from $50K to $1mm+, I very much doubt that all expenses double as income doubles.
- hdesh 3y agoThe median in 2021 was close to $300k as per this[0] source. [0] https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/alphabet-retains-top-median-employee-salary-hits-lowest-ceo-pay-gap-in-tech-71896693 https://www.spglobal.com/marketintelligence/en/news-insights...