Amazon is leapfrogging the world’s largest employers

In a year plagued by widespread layoffs, Amazon is bucking the trend. As of October, the company added 427,300 employees, increasing its workforce to 1.2 million, according to a report by the New York Times. This year, Amazon added roughly 1,400 people a day.

Currently listed as the world’s fifth largest employer, Amazon’s historic levels of hiring are likely to move it up to third.

Walmart, the world’s largest employer, currently employs 2.2 million workers. At Amazon’s current pace of hiring, it would be able to take the title in two years. (Of course, Walmart has also been adding to its workforce during the pandemic.)

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