Walmart
$500B revenue / 2,300,000 employees = $217,000 revenue/employee
$9B profit / 2,300,000 employees = $4,278 profit/employee
Google (Alphabet)
$109B revenue / 75,606 employees = $1,450,281 revenue/employee
$12B profit / 75,606 employees = $167,473 profit/employee
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google could probably cut 50% of its spending and hold its profit steady indefinitely tbh
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That is very unlikely, Google need to find new ways of making money, ads is not forever
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if side-bets was actually about making money and not regulator misdirection and employee morale they would make like GE back in the day and become a bank
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This sounds like the marginal profit produced per employee graph for Google starts extremely high then rapidly falls to zero. Where as for Walmart it's long and flat but relatively short in height. The latter seems more sustainable (if I knew nothing else about the companies)
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why would google hire infinitely many people
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there's some relationship between number of employees and output for walmart but there's basically none for google
End of conversation
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