Profits per employee

Discussion in 'Wall St. News' started by dealmaker, Aug 25, 2020.

  1. dealmaker

    dealmaker

    Profits per employee

    Financial tech firm Tipalti crunched numbers from the Fortune 500 list to figure out how much profit tech companies are making per employee. The results put Facebook, Apple, Alphabet and Microsoft at the top. Facebook's profit per employee is $411,308 and Apple's $403,328. Uber, meanwhile, is losing a whopping $316,208 per employee. Fortune
     
    tommcginnis, userque, fan27 and 2 others like this.
  2. NoahA

    NoahA

    What is interesting though is that Uber operates mostly via the "contractor" route. If all the drivers were employees, this would be one metric that would be a bit better! Spread out that loss over way more people. :D
     
    userque likes this.
  3. The reason why Uber is losing is simply because of the pandemic situation. Once it's over tables might turn for Uber.