What is the best explanation for why Google the highest valued company in 2015 only 10 percent of the employees that AT&T had when it was the most valued company in 1964?
Employees work much longer hours today, so fewer numbers are needed
New technology allows employees to complete tasks more efficiently than before
AT&T was dedicated to creating jobs and had more positions available for this reason
Google employees are more efficient that AT&T employees were at the time
1 answer
The most plausible explanation for the difference in employee numbers between Google in 2015 and AT&T in 1964 is that new technology allows employees to complete tasks more efficiently than before. This means that fewer employees are needed to accomplish the same amount of work. Technological advancements, such as automation and digitalization, have enabled companies like Google to streamline operations and improve productivity, reducing the need for a large workforce. Additionally, it is worth noting that Google operates in a different industry and business model compared to AT&T in the 1960s. Google primarily focuses on technology and digital services, which may require a different skill set and organizational structure, further influencing their employee numbers.