Some of the Big Tech companies are making money like they're printing it for free. For the five companies below, if every employee got an annual raise of $100k, the company would still be easily very profitable
All info from Wikipedia:
Company | 2021 Number of employees | 2021 Net Income (Profit) | Net Profit after $100k raise to all employees |
---|---|---|---|
Apple | 154,000 | $94.68 billion | $79.28 billion |
Google (Alphabet) | 156,000 | $76 billion | $60.4 billion |
Facebook (Meta) | 72,000 | $39.37 billion | $32.17 billion |
Microsoft | 183,000 | $60.6 billion | $42.3 billion |
Netflix | 12,135 | $5.1 billion | $3.89 billion |