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Mag 7's diverging Q2 results: Will they boost the market again?
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Companies today are generating more revenue with fewer employees.

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YawningKitty_x_x joined discussion · Jul 23, 2024 13:42
More companies are now able to achieve $1M in revenue with fewer staff. In fact, S&P 500 companies are 70% less labor-intensive than they were in the 1980s.
Why does this matter?
A leaner operation means higher profit margins. By analyzing revenue per employee, we can assess the efficiency, cost management, and scalability of different companies.
With the rise of artificial intelligence, this trend of "doing more with less" is likely to continue. OpenAI's CEO Sam Altman even predicts that in the future, a single person might be able to run a billion-dollar company.
The chart shows that companies like ExxonMobil, Netflix, and NVIDIA excel in revenue per employee.
ExxonMobil generates $5.39M per employee
Netflix generates $2.79M per employee
NVIDIA generates $2.70M per employee
Companies today are generating more revenue with fewer employees.
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