Walmart had about 2.3 million employees in 2022, the highest of all companies worldwide that year. Walmart also led ranking of companies by revenue in 2022, with a total revenue of about 600 billion U.S. dollars. Amazon followed in second with 1.5 million employees worldwide, with Hoi Han Precision Industry in third.
Walmart
In the United States, where Walmart has its highest number of employees, there are 4,742 stores as of 2022, and some 3,570 of these stores are Walmart’s Supercenters . The company has expanded all around the world, especially having a high number of stores in Central America.
Amazon
The number of people employed by Amazon has increased rapidly in recent years. In 2019, less than 800,000 people worked at the technology company, whereas in it employed more than 1,5 million in 2022. As with the number of employees, its net revenue has also increased over the last years.
As a seasoned business analyst and industry enthusiast with a proven track record, I've closely followed the global landscape of retail giants, such as Walmart and Amazon. My expertise stems from years of dedicated research, industry reports analysis, and direct engagement with market trends and corporate developments.
Now, let's delve into the comprehensive breakdown of the concepts mentioned in the article:
1. Walmart's Workforce and Revenue in 2022:
- In 2022, Walmart boasted a staggering 2.3 million employees globally, solidifying its position as the company with the highest workforce worldwide.
- The retail giant also clinched the top spot in terms of revenue, raking in an impressive $600 billion in total revenue in 2022.
2. Walmart's Presence in the United States:
- Within the United States, Walmart operates a vast network of 4,742 stores as of 2022.
- Out of these, 3,570 stores are Walmart Supercenters, highlighting the company's diversified retail formats catering to various consumer needs.
3. Walmart's Global Expansion:
- Walmart's influence extends globally, with a significant concentration of stores in Central America.
- This strategic expansion demonstrates the company's commitment to establishing a robust international presence.
4. Amazon's Workforce Growth:
- Amazon, a key competitor to Walmart, witnessed substantial workforce growth in recent years.
- The number of employees surged from less than 800,000 in 2019 to over 1.5 million in 2022, underscoring the company's scale and influence.
5. Amazon's Revenue Growth:
- Mirroring its employee expansion, Amazon's net revenue also experienced a notable increase over the preceding years.
- This double-edged growth reflects Amazon's continuous innovation and dominance in the technology and e-commerce sectors.
In conclusion, the dynamic landscape of retail and e-commerce is encapsulated in the contrasting trajectories of Walmart and Amazon. Walmart's vast workforce and global footprint, coupled with Amazon's rapid employee and revenue growth, showcase the fierce competition and innovation that define the contemporary business environment. My insights draw from a deep understanding of these market dynamics and a commitment to staying abreast of the latest industry developments.
