Friday, October 23, 2015

Job security at Apple?

Apple is a hugely successful company, but that doesn't necessarily translate to job security for most of its workers.

Here are a couple eye openers:

Apple's annual revenue is about $225 billion, that’s $225,000,000,000.

Apple has about 115,000 full-time employees

That works out to roughly $1.9 million per employee. The company has fantastically leveraged its productivity per employee in becoming a dominant technology leader and maintaining a large share of market.

Of course most Apple employees get a rather small share of that revenue in their paychecks, as is true for almost every company.

Here’s another way to look at it: in most cases, Apple could terminate any single employee without creating any material risk to its gigantic revenue stream. De facto, for most Apple employees, their skills and experience don’t really create any job security.


Copyright © Richard Carl Subber 2015 All rights reserved.

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