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15% more pay for 14% more revenue doesn't sound as crazy as the headline. The real question is how do you mess up this badly despite growing? Did they over inve

15% more pay for 14% more revenue doesn't sound as crazy as the headline. The real question is how do you mess up this badly despite growing? Did they over invest into acquiring unprofitable AI companies?

high_na_euv 9mo ago
It doesnt sound crazy at all 15% more pay is a few milions 14% more revenue is a few *bilions*
- Tostino 9mo ago
  Where is that type of a % raise for the people who actually did the work to enable revenue to rise by those billions?
  - deleted 9mo ago
    [deleted]
tssva 9mo ago
They didn't mess up badly. They choose to take a one time non-cash tax charge of $5.7 billion which will allow them to take advantage of a recent change in tax law to achieve a lower effective tax rate and lower cash tax payments going forward. Meta did something similar taking a $15.9 billion non-cash tax charge to take advantage of the same changed tax laws. Many other companies have already or are expected to do the same.
- aurareturn 9mo ago
  So The Information is misleading people as usual?