In today’s interconnected economy, the size of a company’s workforce can indicate its operational scale and international presence. Below are the largest publicly listed companies ranked by number of employees as of 22 April 2026.
Our rankings show the world’s largest publicly listed companies by total number of employees, along with their primary listing country.
| Rank | Company | Market cap (USD) | Share price (USD) | Country |
|---|---|---|---|---|
| 1 | Walmart | $2.1bn | $130.14 | USA |
| 2 | Amazon | $1.5bn | $252.63 | USA |
| 3 | BYD | $968.9m | $14.89 | China |
| 4 | JD.com | $900m | $30.69 | China |
| 5 | Foxconn (Hon Hai Precision Industry) | $826.6m | $7.01 | Taiwan |
| 6 | Accenture | $791m | $190.80 | Ireland |
| 7 | Volkswagen | $656.1m | $104.38 | Germany |
| 8 | Tata Consultancy Services | $608m | $27.07 | India |
| 9 | DHL Group (Deutsche Post) | $594.9m | $57.20 | Germany |
| 10 | Compass Group | $580m | $29.49 | UK |
The information on this page is based on public disclosures from company filings and official reports. It is provided solely for informational purposes and does not constitute investment advice or a recommendation to trade. Figures are accurate as of the stated date but are subject to change.
The size of a company's workforce can offer insight into its geographic reach and operational complexity. Walmart employs around 2.1 million people worldwide, including about 1.6 million in the United States, making it the world's largest private employer (Walmart, 3 August 2025). Even so, the company has said it expects headcount to remain broadly flat as it uses technology and efficiency measures to support productivity (Yahoo Finance, 29 September 2025). That reflects a broader pattern among large employers: revenue and market share can grow without a matching increase in staff numbers. As a result, headcount is not just a measure of size. It can also help show how a business is managing costs, expanding operations, or improving efficiency over time. For those analysing listed companies, workforce trends can add context to revenue growth, margin expectations, and wider business strategy.
Artificial intelligence and robotics are already affecting workforce trends at several major companies. Foxconn, which employs more than 826,000 people, is introducing humanoid robots across its manufacturing network, including a new AI server plant in Houston, Texas (Times of India, 30 October 2025). Foxconn chairman Young Liu said at Computex 2025 that generative AI is already handling about 80% of the work involved in setting up new production lines, reducing demand for some lower-skilled roles (The Register, 20 May 2025). At the same time, these changes can require high upfront investment, so their effect on a company's financial performance is not always straightforward. For people following labour-intensive manufacturers, automation updates can therefore matter because markets may weigh possible cost savings against capital expenditure, execution risk, and the pace of operational change.
Some of the largest employers on this list have also reported major workforce reductions. Amazon cut 30,000 corporate roles between October 2025 and January 2026, its largest workforce reduction on record, as CEO Andy Jassy sought to reduce management layers and exit underperforming business areas (Reuters, 28 January 2026). Volkswagen has announced plans to cut around 50,000 jobs in Germany by 2030, citing weaker sales and pressure from US tariffs, with after-tax earnings falling 44.3% in 2025 to €6.90 billion – described as its weakest financial result in nearly a decade (Yahoo Finance, 11 March 2026). A 2024 agreement with unions rules out plant closures and immediate operational layoffs, with Volkswagen also targeting labour cost reductions of €1.5 billion annually through a collectively agreed wage settlement running until 2030 (Just Auto, 11 March 2026). These examples show that headcount changes do not happen in isolation – they are often tied to broader shifts in demand, costs, competition, and long-term strategy.
Labour costs are one of the largest expenses for many companies and can have a direct effect on operating margins. Walmart raised its average US hourly wage to $18.25 in 2025 in an effort to reduce staff turnover and improve service levels – a move that has driven hourly average pay up by more than 50% over the last ten years (Walmart Corporate, 25 September 2025). For companies such as DHL Group, which reported approximately 601,723 employees in its 2025 annual results, labour costs sit alongside fuel, fleet, and infrastructure expenses, making workforce efficiency an important part of cost control (DHL Group, accessed 22 April 2026). Because of this, changes in wages, hiring, and productivity can affect profitability, although the impact may vary by sector and business model. People following these companies often look at wage growth, labour market conditions, and automation spending together when assessing potential pressure on earnings.
Workforce trends may indicate growth, cost pressures or efficiency measures. Some traders consider these factors alongside financial data when analysing companies – but past performance is not a reliable indicator of future results. Contracts for difference (CFDs) are traded on margin, while leverage amplifies both profits and losses.
Headcount changes may influence investor sentiment. Increases can be linked to expansion, while reductions may point to cost control. However, these factors do not directly determine share price movements.
Great customer service I got to say that. They helped get my account back very fast, after i logged myself out by losing my old email, it was so fast you wouldn’t believe it thank you once again.
Everything worked as expected from the 1 day. I didn’t have to search how to use the platform, it’s intuitive. The support chat was there when I had a tiny issue.
Capital.com has been great for both learning and trading. The app is clean, fast, and packed with useful tools. Customer support has been solid too. Definitely recommended for beginners and active traders alike.
I trade every day and Capital is my beloved home. I also create music and you can always feel when something has been created from the heart. Capital has soul!
I would like to express a huge thank you to Evgeniya Logvinovich, customer service manager. For your attention and heartfelt attitude to your clients.❤️
I am extremely happy with this broker. Great spreads, good selection of instruments, well coded toolbox.
Love the TV integration. Makes traders life smooth and comfortable.
I trade every day and Capital is my beloved home. I also create music and you can always feel when something has been created from the heart. Capital has soul!
I’d been paper trading for 2yrs now, went live and this platform is easy for beginners to understand and navigate all important tools to execute all that I learned. Earning now!
This application is perfect.. simple, easy to use, run smoothly and fast and it has an accurate graphics.. be careful to use only one credit card and one bank account to prevent any withdrawal problem.. overnight fees and spread variation will be repaid for you by the next month.. I used many application but this is the best one
User friendly app & interface and good support team. Funds transfer ease & Leverage is an advantage but crypto is highly risky be responsible of your loss limits and risks appetite.
Capital is really great to be used on start, also beginner friendly broker! Great costumer support and it is quick!
Showing our 4 & 5 star reviews. The specific details of the user have been intentionally anonymised to safeguard their privacy pursuant to GDPR requirements.
Why choose Capital.com? Our numbers speak for themselves
Capital.com Group
Ratings and Reviews
Ratings and Reviews