That’s about 0.6% of revenue for Google. Number sounds big until you put it in perspective and realize it’s just noise.
If people were even 1% less productive (in terms of producing revenue) then even that $1B saved isn’t profitable.
That said, there could be other arguments for expanding WFH but saving less than 1% of expenses is not one of them. It’s likely that the savings are largely due to COVID preventing typical travel anyway, which had nothing to do with WFH.
The $1B is investment. It's not bloat or inefficiency. In theory, that $1B that they were not able to invest this past year has a return greater than a billion dollars.
That’s about 0.6% of revenue for Google. Number sounds big until you put it in perspective and realize it’s just noise.
If people were even 1% less productive (in terms of producing revenue) then even that $1B saved isn’t profitable.
That said, there could be other arguments for expanding WFH but saving less than 1% of expenses is not one of them. It’s likely that the savings are largely due to COVID preventing typical travel anyway, which had nothing to do with WFH.