Emeka Nweze
Companies in the US, China, and the UK are the largest employers in the world with millions of workers in retail, food, health, and manufacturing industries.
Below are the top 10 employers in the world.
1. Walmart
Walmart Inc. (formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores, headquartered in Bentonville, Arkansas. As of April 30, 2020, Walmart has 11,484 stores and clubs in 27 countries, operating under 56 different names. Walmart is the world’s largest company by revenue, with US$514.405 billion, according to the Fortune Global 500 list in 2019. It is also the largest private employer in the world with 2.2 million employees.
2. China National Petroleum Commission
The China National Petroleum Corporation (CNPC) is a major national oil and gas corporation of China PR and one of the largest integrated energy groups in the world. Its headquarters are in Dongcheng District, Beijing.CNPC was ranked fourth largest company by revenue in 2017 Fortune Global 500, with 1.3 million employees.
3. China Post group
China Post Group Company, is the state-owned enterprise operating the official postal service of China, which provides the service in mainland China, excluding its special administrative regions, Hong Kong and Macau. The has a total of 935,191 employees.
4. State Grid Corporation of China
The State Grid Corporation of China, commonly known as the State Grid, is the state-owned electric utility monopoly of China. It is the largest utility company in the world, and as of 2019, the world’s fifth largest company overall by revenue. In 2019, it was reported as having 935,191 by Fortune magazine.
5. Foxconn
Hon Hai Precision Industry Co., Ltd., better known as Foxconn, is a Taiwanese multinational electronics contract manufacturer with its headquarters in Tucheng, New Taipei City. Today, it is the world’s largest provider of electronics manufacturing services and the third-largest technology company by revenue. With 667,680 employees, the company is the largest private employer in Taiwan and one of the largest employers worldwide.
6. Volkswagen
Volkswagen is a German automaker founded in 1937 by the German Labour Front, known for the iconic “Beetle” and headquartered in Wolfsburg. It was the largest automaker by worldwide sales in 2016 and 2017. The group’s biggest market is in China, which delivers 40% of its sales and profits. As of 2019, Volkswagen employs 664,496 people.
7. Amazon
Amazon.com, Inc., is an American multinational technology company based in Seattle that focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It is considered one of the Big Four technology companies, along with Google, Apple, and Microsoft and has been referred to as the world’s most valuable brand. Amazon is the largest Internet company by revenue in the world and the second largest private employer in the United States with 647,500 workers as of 2019.
8. Sinopec Group
China Petrochemical Corporation or Sinopec Group is the world’s largest oil refining, gas and petrochemical conglomerate with 619,151. It is headquartered at Chaoyangmenwai in Beijing, across the road from the headquarters of fellow state-owned oil company and competitor CNOOC Group. Sinopec Group ranked the 2nd in the Fortune Global 500 List in 2019, with revenue over US$414 billion.
9. Compass Group
Compass Group plc is a British multinational contract foodservice company headquartered in Chertsey, England. It is the largest contract foodservice company in the world with operations in 45 countries and over 600,000 employees. It serves around 5.5 billion meals a year in locations including offices and factories, schools, universities, hospitals, major sports and cultural venues, mining camps, correctional facilities and offshore oil platforms.
10. United States Postal Service
The United States Postal Service is an independent agency of the executive branch of the United States federal government responsible for providing postal service in the United States. It is one of the few government agencies explicitly authorized by the United States Constitution. As of 2019, the agency has 469,934 career employees and 136,174 non-career employees.
