Thread regarding SAS Institute layoffs

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@1zr Sure the federal government revenue might be 2.5m per employee. But their expenses per employee is probably more like 20m

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Post ID: @20a+1ksg6tf8a

That puts revenue per employee for these private companies at between, roughly, $250 thousand and $1 million dollars.

But the U.S. government raises $5.23 trillion dollars a year but has only 2.03 million employees. That puts revenue per federal employee at about $2.5 million.

It looks like all of these private companies are in the wrong business.

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Post ID: @1zr+1ksg6tf8a

Databricks - roughly 10,000 employees and $5.4B in revenue
Palantir - roughly 5,000 employees and $4.5B in revenue
Snowflake - roughly 9,000 employees and $4.7B in revenue
Alteryx - roughly 1,5000 employees and $1B in revenue
SAS - roughly 12,000 employees and $3.2B in revenue

In every measure, SAS has too much bloat and too many employees.

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Post ID: @1yr+1ksg6tf8a

SAS has reduced headcount by 2-3% annually for many years — through a mix of layoffs, buyouts, and attrition.

There is no reason to think this will change.

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Post ID: @s2+1ksg6tf8a

None planned in the Art Department, which is safe.

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Post ID: @f7+1ksg6tf8a

I can haz layoff?

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Post ID: @f5+1ksg6tf8a

@ac If you didn’t see/hear it then you should start attending the company events…

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Post ID: @ev+1ksg6tf8a

@an ARR

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Post ID: @d2+1ksg6tf8a

What is magic $3 Billion?

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Post ID: @an+1ksg6tf8a

That depends on revenues.

It's May, and we have yet to see a report of the magic $3 Billion.

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Post ID: @ac+1ksg6tf8a

Wrong

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Post ID: @a9+1ksg6tf8a

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