The Largest Companies are Earning Record Revenues and Profits but with Fewer Employees

Hosted by

Steve Boese

Co-Founder and Chief Data Officer of H3 HR Advisors and Program Chair, HR Technology Conference

About this episode

In this episode Steve examines how the largest companies in America, the Fortune 500, are recording record sales, profits, and market caps, while headcount and hiring remain flat – and even declining in many firms.

 

New AI tech, more firms growing through the sales of high-margin and scalable digital products, and reliance on outsourcing and gig workers are continuing to break the link between company growth and employee growth.

 

 

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The HR Happy Hour Network is sponsored by Workhuman.

 

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Published

July 10, 2026

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