This Giant Infographic Has 140+ Facts on the Scale of Amazon
As Amazon continues its takeover of the retail sector, the scale at which it operates continues to impress.
Back in late 2016 we examined the extraordinary size of Amazon from a market valuation perspective, which showed that the ecommerce giant was worth more than most brick and mortar retailers put together.
Today’s infographic from 16Best continues along that same thread, except this time focusing on Amazon from more of an operational perspective.
Amazon: At a Glance
Amazon has more than 304 million users, and 3 billion products selling on their 11 marketplaces – and every day, 1.3 million new products are added.
The company has a 43.5% market share of U.S. ecommerce spending. It’s no surprise then, that the average customer spends $700 per year with Amazon, and that 34.7 items are shipped every single second.
Shipping and Logistics
Amazon has 45,000 warehouse robots that work in the company’s 77 million square feet of warehouse space. This is equivalent to the size of 1,336 football fields.
The biggest single warehouse is in Schertz, TX, just outside of San Antonia, which alone measures 1,264,200 square feet. Warehouses this size can ship up to 1 million items per day during the holiday rush.
While Amazon spent $7.2 billion on shipping in 2016, it’s now looking to bring down the cost per unit shipped by using drone deliveries. The company anticipates to have 450,000 drones in its fleet by 2020.
Amazon Prime and Partners
A whopping 64% of U.S. households have Amazon Prime, which has proven to be a lucrative model for Amazon since those subscribers spend $1,300 per year on the site. Impressively, there are 40 million items eligible for Prime, and 8,000 cities where same-day shipping is a possibility.
Amazon Partners also play a big role in the ecosystem. There are 2 million sellers on Amazon, and 70,000 of them have sales of $100,000 or more per year using Amazon as a selling platform.
Why do sellers use Amazon? About 47% of sellers say it’s because it gives them access to new customers, while 65% say it’s to increase sales.
The top five categories for Amazon sellers: Clothing, Shoes & Jewelry, Electronics, Home & Kitchen, Sports & Outdoors, and Books.
Ranked: America’s 20 Biggest Tech Layoffs Since 2020
How bad are the current layoffs in the tech sector? This visual reveals the 20 biggest tech layoffs since the start of the pandemic.
Ranked: America’s 20 Biggest Tech Layoffs This Decade
The events of the last few years could not have been predicted by anyone. From a global pandemic and remote work as the standard, to a subsequent hiring craze, rising inflation, and now, mass layoffs.
Alphabet, Google’s parent company, essentially laid off the equivalent of a small town just weeks ago, letting go of 12,000 people—the biggest layoffs the company has ever seen in its history. Additionally, Amazon and Microsoft have also laid off 10,000 workers each in the last few months, not to mention Meta’s 11,000.
This visual puts the current layoffs in the tech industry in context and ranks the 20 biggest tech layoffs of the 2020s using data from the tracker, Layoffs.fyi.
The Top 20 Layoffs of the 2020s
Since 2020, layoffs in the tech industry have been significant, accelerating in 2022 in particular. Here’s a look at the companies that laid off the most people over the last three years.
|Rank||Company||# Laid Off||% of Workforce||As of|
Layoffs were high in 2020 thanks to the COVID-19 pandemic, halting the global economy and forcing staff reductions worldwide. After that, things were steady until the economic uncertainty of last year, which ultimately led to large-scale layoffs in tech—with many of the biggest cuts happening in the past three months.
The Cause of Layoffs
Most workforce slashings are being blamed on the impending recession. Companies are claiming they are forced to cut down the excess of the hiring boom that followed the pandemic.
Additionally, during this hiring craze competition was fierce, resulting in higher salaries for workers, which is now translating in an increased need to trim the fat thanks to the current economic conditions.
Of course, the factors leading up to these recent layoffs are more nuanced than simple over-hiring plus recession narrative. In truth, there appears to be a culture shift occurring at many of America’s tech companies. As Rani Molla and Shirin Ghaffary from Recode have astutely pointed out, tech giants really want you to know they’re behaving like scrappy startups again.
Twitter’s highly publicized headcount reduction in late 2022 occurred for reasons beyond just macroeconomic factors. Elon Musk’s goal of doing more with a smaller team seemed to resonate with other founders and executives in Silicon Valley, providing an opening for others in tech space to cut down on labor costs as well. In just one example, Mark Zuckerberg hailed 2023 as the “year of efficiency” for Meta.
Meanwhile, over at Google, 12,000 jobs were put on the chopping block as the company repositions itself to win the AI race. In the words of Google’s own CEO:
“Over the past two years we’ve seen periods of dramatic growth. To match and fuel that growth, we hired for a different economic reality than the one we face today… We have a substantial opportunity in front of us with AI across our products and are prepared to approach it boldly and responsibly.”– Sundar Pichai
The Bigger Picture in the U.S. Job Market
Beyond the tech sector, job openings continue to rise. Recent data from the Bureau of Labor Statistics (BLS) revealed a total of 11 million job openings across the U.S., an increase of almost 7% month-over-month. This means that for every unemployed worker in America right now there are 1.9 job openings available.
Additionally, hiring increased significantly in January, with employers adding 517,000 jobs. While the BLS did report a decrease in openings in information-based industries, openings are increasing rapidly especially in the food services, retail trade, and construction industries.
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