“Digital” businesses like Apple employ far fewer people (per profit) than traditional manufacturing businesses. Apple’s 60,000+ jobs are not just in the US—they’re spread around the world. Apple’s extraordinary ~25% profit margin means that the benefits of its success accrue primarily to a relatively small group of shareholders rather than a broad base of employees. To put this in context, the Economist recently noted that Apple, Amazon, and Google together employ 113,000 people—which is less than 1/3rd as many as a single American success-story from the prior generation, GM, employed in 1980.

  • “Digital” businesses like Apple employ far fewer people (per profit) than traditional manufacturing businesses.
  • Apple’s 60,000+ jobs are not just in the US—they’re spread around the world.
  • Apple’s extraordinary ~25% profit margin means that the benefits of its success accrue primarily to a relatively small group of shareholders rather than a broad base of employees.

To put this in context, the Economist recently noted that Apple, Amazon, and Google together employ 113,000 people—which is less than 1/3rd as many as a single American success-story from the prior generation, GM, employed in 1980.

Source: Business Insider

27 November 71
Employmentfuture

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P A Martin Börjesson

To be able to see the future emerge we have to throw a wide net to catch the weak signals. In this tumble I collect things I find valuable for my work as scenario planner, strategist and futurist - for more info about me go to www.futuramb.se.


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