🚀 Business & Startups🌐 Global
Fortune 500 Just Hit Record Profits — While Cutting 300,000 Jobs
mint - companies·Sunday, 21 June 2026
The 2026 Fortune 500 posted record revenue of $21 trillion and profit of $2.1 trillion. At the same time, total headcount across these companies fell by 301,049 jobs. Amazon and Walmart are among the biggest companies in the list.
Why It Matters
This is a clear, data-backed signal that the world's biggest companies are making more money with fewer people — a trend driven heavily by automation and AI.
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