👥 HR & Workplace🇮🇳 India
Fortune 500 Firms Hit Record Profits — While Cutting Over 300,000 Jobs
mint - companies·Monday, 22 June 2026
The 2026 Fortune 500 companies posted record revenue of $21 trillion and profit of $2.1 trillion, yet their combined headcount fell by 301,049 jobs. Amazon and Walmart are among the biggest names on the list. Companies are earning more than ever while employing fewer people than ever.
Why It Matters
This directly affects anyone working at a large company or looking for a job — it shows that corporate growth no longer automatically means more hiring.
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