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The Information, a great Silicon Valley news site, keeps track of FAANG profits and revenues per employee: "Still, even with the declines, Facebook continues to generate by far the most profits per employee among the Big Five tech companies—$141,552 in the third quarter. In second place was Apple, with $99,898 per employee. Facebook’s core advertising business carries significantly higher margins than Apple’s business, which is based primarily on hardware sales." That's $140k of average annual profit per each and every one of Facebook's ~40k employees, not just engineers. However Apple still takes the lead when looking at revenue rather than profit: "On a different metric, revenue per employee, Apple tops the list at $467,445 in the third quarter, higher even than Facebook’s $410,225 in revenue per employee (see chart above). Apple’s headcount for the quarter was 137,000, including workers in its retail stores." https://www.theinformation.com/articles/after-hiring-binges-... |