That was my point. Revenue rises, and everything else grows with it regardless of need.
Whether or not the marginal junior data scientist is a net win for the company.... I suspect not at a company like FB. Efficiency is hard. Factories are efficient because margins are slim and capital costs are high. FB is the opposite. There's no external disciplinarian forcing managers to find ways of minimizing junior data scientist headcount.
FB profit margin this year is 37%. When margins are that high, there's not much incentive to cut fat. If profit margin is 3%, a 1% efficiency gain is a major win. At 37%... different game.
That was my point. Revenue rises, and everything else grows with it regardless of need.
Whether or not the marginal junior data scientist is a net win for the company.... I suspect not at a company like FB. Efficiency is hard. Factories are efficient because margins are slim and capital costs are high. FB is the opposite. There's no external disciplinarian forcing managers to find ways of minimizing junior data scientist headcount.
FB profit margin this year is 37%. When margins are that high, there's not much incentive to cut fat. If profit margin is 3%, a 1% efficiency gain is a major win. At 37%... different game.