Extreme TLDR: Tech companies show decoupling of growth from employee count. Examples: Apple (60k for $100B), Alphabet (76k for $100B), Microsoft (124k for $100B), Meta (63k for $100B), Amazon with lower increases post-pandemic. Nvidia reached $100B with 30k. Walmart’s revenue grew with static headcount. The trend suggests future revenue growth needs fewer employees, driven by AI advancements, indicating a shift towards higher productivity with fewer workers.
https://www.mbi-deepdives.com/the-great-decoupling-of-labor-and-capital/