Comment by Dylan16807
2 years ago
They should definitely be paid for that.
But reddit was working just fine in 2017, when they had less than 200 employees (compared to their pandemic hiring from 700 up to 2000) and it was working fine at smaller numbers before then. Right now their revenue is about half a billion dollars. They take in more than enough money to run the site and have stupendous profits.
Revenue in 2017 was $50mm. So in the last six years, their headcount has grown 10x, and their revenue has grown 10x. Hmm…
But the site has not changed.
Are all those people sales? If no, then those workers seem like mostly a waste of money. If yes, and they're still not profitable, then turning the company into 90+% sales is not the path to profitability either.
Do you have any non-sales explanation for what those people are doing that actually contributes to revenue?
It's not like they opened more factories and need more workers.
Though maybe they look at increased revenue and use that as the reason to hire more people because growth good, in which case any complaints about lack of profitability should be derisively laughed at.