baatliwala@lemmy.world to Android@lemdro.idEnglish · 14 days agoAlphabet reports Q1 2026 revenue of $109.9 billion9to5google.comexternal-linkmessage-square13linkfedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkAlphabet reports Q1 2026 revenue of $109.9 billion9to5google.combaatliwala@lemmy.world to Android@lemdro.idEnglish · 14 days agomessage-square13linkfedilink
minus-squareBig_Boss_77@fedinsfw.applinkfedilinkEnglisharrow-up0·14 days agoThat’s not that much… they could only give like 109.000 people a million dollars. Be realistic…
minus-squaresaltesc@lemmy.worldlinkfedilinkEnglisharrow-up0·13 days agoIt is when your expenditure is $185B. The 109,000 people will not have $1M, but a sizeable chunk of that will be employee costs. E.g. my last company had just 16,000 headcount but did about $1.2B in employment costs annually.
minus-squarejnod4@lemmy.calinkfedilinkEnglisharrow-up0·14 days agoCostco makes as much in revenue and uses it to pay millions of employees worldwide and it has a profit of less than 3%
That’s not that much… they could only give like 109.000 people a million dollars. Be realistic…
Revenue ≠ Profit.
Not the point
It is when your expenditure is $185B. The 109,000 people will not have $1M, but a sizeable chunk of that will be employee costs. E.g. my last company had just 16,000 headcount but did about $1.2B in employment costs annually.
Costco makes as much in revenue and uses it to pay millions of employees worldwide and it has a profit of less than 3%