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June 22: Amazon employee vs stock growth
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June 22: Amazon employee vs stock growth

Shareholders prefer when the stock price grows faster than headcount.

Danny Sheridan
Jun 22
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June 22: Amazon employee vs stock growth
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Source: Statista, MacroTrends
Published: November 2021, June 2022

Amazon employee vs stock growth

Amazon share prices and employee count have grown at a similar pace over the last five years until now. Here is a breakdown of both share price and employee count for Amazon from 2017 to 2022 (so far). 

Year: 2022
Share Price (average): $144
Employee Count (as of January 1): 1,608,000

Year: 2021
Share Price (average): $167
Employee Count (as of January 1): 1,298,000

Year: 2020
Share Price (average): $134
Employee Count (as of January 1): 798,000

Year: 2019
Share Price (average): $89
Employee Count (as of January 1): 647,500

Year: 2018
Share Price (average): $82
Employee Count (as of January 1): 566,000

Year: 2017
Share Price (average): $48
Employee Count (as of January 1): 341,400

*The stock price is adjusted for splits


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Catherine
Jun 23

So what does it mean now that the number of employees exceeds the stock price? Is it an indicator of layoffs?

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