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Largest Employer in the World 2024, List of Top-10

In today’s global economy, employment is a cornerstone of society, driving economic growth, innovation, and social stability. Across the world, numerous organizations employ millions of people, shaping industries and impacting communities on a massive scale. From multinational corporations to government entities, these employers play a pivotal role in the lives of millions. Let’s delve into the top 10 largest employers in the world, exploring their significance and influence.

World’s Biggest Employers 2024

In 2024, Samsung Electronics, based in South Korea, leads as one of the world’s largest employers with 270,372 employees, followed by Microsoft and Alphabet in the United States with 221,000 and 190,234 employees, respectively. Apple, IBM, and Cisco Systems also stand out in the technology sector, while Costco Wholesale and BMW Group contribute significantly to employment in retail and automotive industries, respectively. Ferrari remains a notable employer in the automotive sector, based in Italy, with 4,919 employees.

Factors Affecting the Employment

In this article, we have presented the list of top-10 best employers in the list, it is essential to know about the factors which affect the employment of a company or an industry:

  • Economic conditions drive job creation and layoffs.
  • Technological advancements automate tasks and create new job roles.
  • Government policies shape labor market regulations and business incentives.
  • Education and skills development impact employability and job opportunities.
  • Globalization influences outsourcing and international competition.
  • Demographic trends affect workforce participation and labor supply.
  • Market demand drives hiring in responsive industries.
  • Industries experience cyclical employment fluctuations based on demand.
  • Social and cultural shifts influence attitudes towards work and employment patterns.
  • Environmental concerns drive demand for green jobs and sustainable practices.

World’s Largest Employer 2024

As the foremost employer globally in 2024, Samsung Electronics maintains its top position by prioritizing a supportive workplace culture, complete with amenities such as on-site dining options and fitness facilities. Its commitment to innovation shines through initiatives like the “Creative Lab,” where employees collaboratively generate ideas that drive product development from inception to market. Samsung further fosters professional development through training programs and opportunities for talent exchange among its headquarters in South Korea and its subsidiaries, ensuring continuous growth for its workforce.

Top-10 Largest Employers in the World By 2024

Samsung Electronics, with the number of employees of 270,372, holds the title of the largest employer of the world followed by Microsoft, Alphabet, and Apple.

Here is the list of largest employers of the world by 2024:

LARGEST EMPLOYERS IN THE WORLD BY 2024
Rank Name Country Employees Industries
1. Samsung Electronics South Korea 270,372 Semiconductors, Electronics, Electrical Engineering, Technology Hardware & Equipment
2. Microsoft United States 221,000 IT, Internet, Software & Services
3. Alphabet United States 190,234 IT, Internet, Software & Services
4. Apple United States 164,000 Semiconductors, Electronics, Electrical Engineering, Technology Hardware & Equipment
5. Ferrari Italy 4,919 Automotive (Automotive and Suppliers)
6. IBM United States 288,300 Semiconductors, Electronics, Electrical Engineering, Technology Hardware & Equipment
7. Adobe United States 29,000 IT, Internet, Software & Services
8. Costco Wholesale United States 314,000 Retail and Wholesale
9. BMW Group Germany 149,475 Automotive (Automotive and Suppliers)
10. Cisco Systems United States 83,300 Semiconductors, Electronics, Electrical Engineering, Technology Hardware & Equipment

World’s Biggest Employer – Samsung Electronics

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Country: South Korea

No. of Employees: 270,372

As the world’s largest employer, Samsung Electronics, headquartered in South Korea, boasts a workforce of 270,372 employees. Specializing in semiconductors, electronics, electrical engineering, and technology hardware & equipment, Samsung’s expansive operations contribute significantly to global employment while driving innovation in various sectors.

Second Largest Employer of the World – Microsoft

Largest Employer in the World 2024, List of Top-10_50.1

Country: United States

No. of Employees: 221,000

Ranked as the world’s second-largest employer, Microsoft, headquartered in the United States, employs 221,000 professionals. Specializing in IT, internet, software, and services, Microsoft’s workforce plays a pivotal role in shaping technology landscapes worldwide. With its innovative solutions and global impact, Microsoft stands as a key contributor to employment and technological advancements in the digital age.

World’s Third Largest Employer – Alphabet

Largest Employer in the World 2024, List of Top-10_60.1

Country: United States

No. of Employees: 190,234

As the world’s third-largest employer, Alphabet, based in the United States, boasts a workforce of 190,234 individuals. Specializing in IT, internet, software, and services, Alphabet’s employees contribute to the company’s diverse array of innovative projects and ventures. With its prominent role in the technology sector, Alphabet remains a significant driver of employment and digital innovation globally.

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FAQs

Which is the largest employer in the world?

Samsung Electronics, with the number of employees of 270,372, holds the title of the largest employer of the world.

Which is the largest employer in India?

The Indian Armed Forces, often known as the Republic of India’s Armed Forces, are the country’s largest employer with the total of 14 lakh employees.

Which is the second largest employer in the world?

Ranked as the world's second-largest employer, Microsoft, headquartered in the United States, employs 221,000 professionals.

Name the top-5 biggest employers in the world.

The top-5 biggest employers in the world are: Samsung Electronics, Microsoft, Alphabet, Apple, and Ferrari.