5 ms·

And it is not a 10B loss, because employees gain skills and there are learnings or other tech innovations that can be used in other projects

• detourdog 3y ago
  Most likely the Vision pro is the result of the effort.
• azemetre 3y ago
  Does Apple have higher tenure than other big tech companies? I was under the impression that they are all terrible at retaining employees. According to this SO blog, Google had an average tenure of 1.1 years: https://stackoverflow.blog/2022/04/19/whats-the-average-tenure-of-an-engineer-at-a-big-tech-company-ep-434/ https://stackoverflow.blog/2022/04/19/whats-the-average-tenu... Obviously this written before the big tech layoffs kicked off, but it's quite alarming if true.
  • mardef 3y ago
    Average is probably a poor way of analyzing this. In my experience there's a bimodal distribution of tenure that correspond to your job hoppers and your long-term employees. I believe you're going to see the lower average at places that have larger signing bonuses or other compensation that skews that way.
    • azemetre 3y ago
      That's a good point, I was thinking that the more experience you have the more likely you might be willing to venture out and start your own thing. At least that's been my experience at non-big tech companies with the more senior people (20+ years experience).
• vinnyvichy 3y ago
  This can be said of most (non-real estate-based) bubbles..