this post was submitted on 01 Aug 2024
368 points (97.9% liked)

Technology

73370 readers
5798 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

founded 2 years ago
MODERATORS
L3s@lemmy.world
enu@lemmy.world
technopagan@lemmy.world
L4s@lemmy.world
L3s@hackingne.ws
L4s@hackingne.ws
368
Roses are red, Meta is blue, Reality Labs lost $4.5 billion during Q2 (www.gamedeveloper.com)
submitted 1 year ago by simple@lemm.ee to c/technology@lemmy.world
34 comments fedilink hide all child comments
 

What the hell are they even spending all this money on when they don't have much to show for it?

you are viewing a single comment's thread
view the rest of the comments
[–] count_dongulus@lemmy.world 3 points 1 year ago* (last edited 1 year ago)

I don't know if that headcount I listed includes contract employees. They typically get compensated far less, and anecdotally I've been told by a former Meta friend that there are more contracted developers than salaried there. And what's the ratio of software developers compared to other personnel? HR, QA, marketing, sales, etc? Employees in other countries? I figured a more conservative estimate was reasonable for cost overall.