Google Hiring At A Very Specific Pace
Ionut Alex had a very interesting chart showing how Google’s hiring pace correlates to its stock price, with Google hiring almost as fast as the stock rises. I found the chart interesting, but given the volatility of the stock (it didn’t go up for an entire year, and it can go down, while Google keeps hiring), I though I’d compare it to another statistic: Google’s quarterly revenue. The results are amazing:
Yes, Google hires almost exactly based on its revenues. The numbers rise so specifically, I’d almost argue it was deliberate, and it makes sense. A company should hire based on its revenue; the more money you make, the more people you need to make that money. Remind me to check this chart again down the line, see how it correlates in the future if revenues or hiring go down.
Original post by Nathan Weinberg