Somehow this company still earns over a billion dollars a week in net profits, w... | Hacker News

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jeffbee 3 months ago | parent | context | favorite | on: Meta confirms 1000s of Instagram accounts were hac...

Somehow this company still earns over a billion dollars a week in net profits, which I find puzzling.

dylan604 3 months ago [–]

Why? They clearly are not spending money on employee salaries, taxes, or benefits.

zhoBEENG 3 months ago | [–]

According to SEC filings, the median yearly total compensation at Meta is $380,000. Median for the US in general is about $70,000.

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