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Human Resources

InfoShot: If tech companies were countries

When highlighting the power of the technology industry it’s fairly common to see comparisons of tech compared to the rest of the world. For example, did you know California – home to the technology Mecca that is Silicon Valley – has a GPD equivalent to that of France? Or that Bill Gates is richer than Myanmar? Or that Apple has more cash than the UK and Canada combined?

But what happens if you compare number of employees to country populations? And are these commercial states worth more than their nation-state equivalents?

Foxconn is by far the biggest technology employer in the world, with some 1.3 million workers. That is the equivalent to the population of Swaziland. But the Chinese giant and major supplier of Apple’s iPhone boasts a market cap of $54.4 billion, compared to a GDP of just $4.1 billion for the African nation.

Accenture has some 400,000 employees, roughly equal to the French Caribbean island of Martinique. But boasts a market cap of $77. 8 billion, compared to a GDP of around $12 million for Martinique. Amazon added over 100,000 employees to its workforce in the last year, taking its total to over 340,000.

Despite their vast fortunes, big hitters such as Apple, Alphabet, Microsoft, all have around 100,000 employees, showing that holding top spot in the list of world’s most valuable companies doesn’t mean you need the most workers. Despite serving nearly 2 billion people, Facebook has only 17,000 employees.

09-08-17-if-tech-companies-were-countries

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Dan Swinhoe

Dan is a journalist at CSO Online. Previously he was Senior Staff Writer at IDG Connect.

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