The 20 Biggest Employers in NYC
If you already live in New York, or have recently moved to the Big Apple, and are looking for a job, you’re in luck. New York City has an abundance of places at which you may be able to apply for a job.
For better results, the biggest employers would seem to be the best place to start. After all, the more employees a company needs, the better your chances are at getting hired. In order to choose which companies gets put on this list, we decided to go by employers who are headquartered in NYC and have the most employees.
Believe it or not, some of these businesses have several hundred thousand employees. Don’t worry, though, if you get hired, we’re sure you won’t have to learn everyone’s name.In addition to listing the 20 biggest employers in NYC, we’ve finished out the list with the top 20 largest companies by revenue, just in case you’re interested.
First, here are the 20 biggest employers in NYC by order of total employees.
1. JPMorgan Chase & Co/249,257 employees
JPMorgan Chase & Co is an American multi-national financial and banking services holding company and is the largest bank in the US. In addition, it is also the world’s sixth largest bank with assets totaling over two and a half trillion dollars. JPMorgan Chase & Co, more commonly known as Morgan, is a significant provider of financial services.
The company was formed when JP Morgan & Co merged with Chase Manhattan Corporation in 2000. Morgan has a total of almost two-hundred and fifty thousand employees. Both the commercial and retail bank, in addition to the company’s corporate headquarters, are all located on Park Avenue in NYC.
2. Citi/219,000 employees
Citigroup Inc, or Citi, is an American multi-national investment financial and banking services corporation with headquarters in Manhattan, NYC. The company was created when banking giant Citicorp merged with Travelers Group, a financial conglomerate, in 1998.
Nonetheless, Travelers left the company again in 2002. Citigroup owns several international subsidiaries in addition to a holding company for Citibank and Citicorp. Citigroup is one of the largest US banks by assets, ranking fourth, and considered as one of the “Big Four” banks which also include JPMorgan Chase & Co as listed above. The banking company has over two-hundred million customer accounts in over a hundred and sixty countries.
3. ABM Industries/110,000 employees
This company is literally a rags-to-riches story. ABM Industries Inc is an American business which provides facility management. Morris Rosenberg started the single-person business as a window washing all the way back in 1909 in San Francisco.
The company is now over a hundred years old and is one of the largest of its kind, employing over a hundred thousand employees, in over three hundred offices, and not with twenty international locations.
Providing services for retail, government, industrial, and commercial clients across the US and internationally, ABM performs building maintenance services, facility services, and outsources services for other companies.
4. Pfizer/96,500 employees
Pfizer Inc is an American pharmaceutical company which has its corporate headquarters in NYC, while its research headquarters are in Connecticut. Pfizer is one of the biggest pharmaceutical companies in the world.
The company was expected to merge with an Ireland based company in 2016, however, the deal was called off due to new laws in the US preventing companies from merging with foreign company’s in order to avoid paying taxes.
Pfizer develops and produces vaccines and medicines in a variety of medicinal disciplines, such as neurology, endocrinology, diabetology, cardiology, oncology, and immunology. Their products include some extremely well-known and widely prescribed drugs, such as Lipitor, for lowering cholesterol, Lyrica, for neuropathic pain, and Viagra, for erectile dysfunction.
5. Carl Icahn/90,980 employees
Icahn Enterprises LP is an American conglomerate with headquarters in NYC at the General Motors Building. Controlled and owned in most part, ninety-five percent to be exact, by Carl Icahn, the company has a variety of investments in a multitude of industries, such as home fashion, real estate, food packaging, casinos, rail cars, metals, energy, and auto parts. Icahn, who is the both founder and the controlling shareholder of the company, is an American philanthropist, investor, and businessman.
You probably recognize some of this companies subsidiaries, such as Pep Boys, Federal-Mogul, Trump Entertainment Resorts, and Tropicana Entertainment, of which Icahn owns seventy-five percent.
6. Philip Morris International/79,500 employees
Philip Morris International Inc, or PMI, is a well-known American multi-national tobacco and cigarette manufacturing company. Their best-selling and most recognized product is Marlboro.
PMI has sells products in over a hundred and eighty countries besides the US. While the company has it operations headquartered in Switzerland, their corporate headquarters are in NYC. Obviously, the company is highly controversial, since tobacco is so addictive and it causes the highest amount of preventable deaths all over the world.
Because it’s been the subject of many litigation and has become so restricted, PMI moved its operations out of the US. Even though PMI doesn’t operate inside the US anymore, their product remains due to Altria operations. The Philip Morris brands in the US are still owned by the Altria Group.
7. Omnicom Group/78,500 employees
Omnicom Group, Inc is an American global corporate communications and marketing holding company with their headquarters in NYC. The company’s branded specialty firms and networks provide services in the following areas: specialty services, public relations, customer relationship management (CRM), and advertising.
In addition, these services also branch out to provide brand consultancy, field marketing, sports and events marketing, digital and interactive marketing, and media planning and buying. The Wall Street Journal considers Omnicom Group to be the second largest advertising holding company and the NY Times has them ranked as fourth. The company employs over seventy-five thousand employees in nearly a hundred countries all across the globe.
8. PwC/60,790 employees
PwC, or PricewaterhouseCoopers, is a British multi-national professional services network with headquarters in London. PwC is the second largest firm in the world and one of the most prestigious accounting firms in the world. It is the number one firm to work for in the US and it has held that position for several years.
The name, PwC, was shortened when the company was formed when Price Waterhouse merged with Coopers & Lybrand in 1998. PwC has firms in over a hundred and fifty countries, with almost seven-hundred and fifty locations, employing almost a quarter million employees altogether. However, about a quarter of that workforce is in the US. It is the fifth-largest privately owned company in the US.
9. Alcoa/60,000
Alcoa Corporation, which the name is a derivative of Aluminum Company of America, is an industrial corporation, American, obviously. It is the sixth greatest producer of aluminium in the world.
Their corporate headquarters are in Pittsburg, but the company operates in ten countries. The company is a major producer of fabricated aluminium, primary aluminium, and alumina combined. In addition, they have an active and growing presence in all significant aspects of the industry, such as recycling, fabrication, smelting, refining, mining, and technology.
Although Alcoa Inc tried to make a hostile takeover of Alcan, attempting to become the world’s biggest producer of aluminium, the takeover bid was withdrawn due to Alcan allowing Rio Tinto a friendly takeover. In 2016, Alcoa Inc split into two different companies: Alcoa Corporation, engaging in the manufacturing and mining of raw aluminium, and Arconic, possessing both aluminium and other metals as well.
10. Marsh & McLennan/60,000 employees
Marsh & McLennan Companies, Inc is a global professional services enterprise with their headquarters in NYC. Their services include management consulting, investment advisory, talent management, reinsurance services, risk management, and insurance brokerage.
Marsh & McLennan have four main operating companies which are Guy Carpenter, Oliver Wyman Group, Mercer, and Marsh. Although the company is was ranked at two-hundred and ten on the Fortune 500 ranking, their revenue, at over thirteen billion dollars, keeps them as the largest insurance brokers in the world.
11. MetLife/58,000 employees
MetLife Inc, better known as just MetLife, is actually the holding company for the Metropolitan Life Insurance Company, or MLIC, and its affiliates. The company is one of the biggest providers of employee benefit programs, annuities, and insurance globally.
In fact, the firm has over ninety million customers in over sixty countries. The firm, which was founded way back in 1868, completed the process of becoming a mutual company for the benefit of policyholders in 1915 and in 2000, it went public.
Now MetLife holds leading positions in markets all over the world, including the Middle East, Europe, Asia’s Pacific region, Latin America, Japan, as well as the US. Furthermore, MetLife also serves more than ninety of the biggest companies in the Fortune 500. The company’s principal offices are located in NYC.
12. NBCUniversal/58,000 employees
NBCUniveral, generally referred to as either NBCU or NBCUni, is an American multi-national media conglomerate and is a subsidiary of Comcast with headquarters in NYC. The company is one of only two successor companies to Music Corporation of America, or MCA Inc.
Vivendi, which is the other successor, is actually through NBCU’s subsidiary Universal Music Group. The company is primarily involved in the entertainment and media industries. Among its most important divisions is the National Broadcasting Company, or NBC, which is considered to be one of the “Big Three” television networks in the US.
In addition, the company also owns Universal Studios. This company plays a significant part in broadcasting, both domestically and internationally. Furthermore, the conglomerate is also the world’s third-largest operator of amusement parks.
13. American Express/56,400 employees
The American Express Company, which also goes by Amex, is an American multi-national financial services firm with headquarters in NYC. The company, which was founded in 1850, is one of thirty components of the Dow Jones Industrial Average.
The firm is best known for its traveler’s check, charge card, and credit card businesses. Credit cards which uses the Amex network accounts for almost twenty-three percent of the total dollar amount of transactions made by credit cards.
The company has over a hundred and ten million active cards, with almost fifty million of those cards in force in the US. Each card averages an annual spending amount of a little over seventeen thousand dollars. Amex is the twenty-fifth most valuable brand in the world, being worth an estimated eighteen and half billion dollars.
14. AIG/56,400 employees
American International Group Inc, generally known as AIG, is an American multi-national insurance and finance company operating in over eighty countries and jurisdictions.
The company employs almost fifty-six and a half thousand employees. The corporation operates via three core businesses, which are Life & Retirement, which includes Institutional Markets, Life, Individual Retirement, and Group Retirement, General Insurance, which includes US & International field operations, Personal Insurance, and Commercial Insurance, and an additional standalone subsidiary which is technologically enabled.
AIG has their corporate headquarters in NYC, but the company also has offices worldwide. Furthermore, AIG serves eighty-seven percent of the Fortune Global 500 and was ranked forty-ninth on the Fortune 500 list themselves with a shareholder equity worth over seventy-six billion dollars.
15. Interpublic Group/49,800 employees
The Interpublic Group of Companies Inc, or IPG, is an American advertising company which is publicly traded. Three major networks make up the company, which are FCB, McCann Worldgroup, and Lowe and Partners,.
In addition, it also has media agencies which come under the entity of IPG Mediabrands and it owns a number of agencies who specialize in specific areas as well, such as in healthcare, talent representation, sports marketing, and public relations. IPG is considered to be one of the “Big Four” in agency companies. The current CEO is Michael Roth.
16. The Estee Lauder Companies/46,000 employees
The Estee Lauder Companies Inc is an American marketer and manufacturer of prestigious hair care, fragrance, makeup, and skincare products. Their headquarters are in NYC. The company has a diversified portfolio which includes a variety of brands which are distributed internationally through digital commerce and retail channels.
17. Deloitte/42,367 employees
Deloitte Touche Tohmatsu Limited, generally referred to just as Deloitte, is a UK based multi-national professional services network. The company is considered to be one of the “Big Four” accounting organizations in the world as well as being one of the largest professional services network in financial advisory and risk services.
Globally, the company has over two-hundred and sixty thousand employees, with almost forty-three thousand of those in the US where it is the sixth largest privately owned organization. Deloitte provides its services, such as its advisory, tax, consulting, and audit services, which are industry-leading, to eighty percent of the Fortune 500 companies as well as many other of the world’s most loved brands.
18. Arconic/41,500 employees
Arconic, or ARNC, is a company which specializes in engineering and manufacturing lightweight metals, such as nickel, titanium, and aluminum. Arconic’s products are used all over the world in industrial applications, consumer electronics, defense, oil and gas, building and construction, packaging, commercial transportation, automotive, and aerospace.
Consisting of three segments which all world wide, the company’s operations include Transportation and Construction Solutions, Engineered Products and Solutions, and Global Rolled Products.
19. Mount Sinai Hospital-Queen/38,000 employees
Mount Sinai Hospital claims to be committed to providing the Queens community with the best inpatient, emergency, and out patient medical care possible. Their highly trained team of physicians includes almost five hundred professionals and represent almost forty different medical/surgical specialties.
The hospital employs more than thirty-eight thousand employees, including doctors, nurses, and support staff who strive to provide the highest quality patient care. Medical care has been provided at this location for more than a hundred and twenty years and is a cornerstone of the community.
20. L3 Technologies/38,000 employees
L3 Technologies, which was known as L-3 Communications Holdings previously, is an American company which supplies instrumentation, aerospace, and navigation products, training devices and services, ocean products, avionics, reconnaissance systems and products, surveillance systems and products, intelligence, communications, and command and control systems and products.
In fact, the US Department of Defense is one of its biggest customers, along with NASA, Homeland Security, Government intelligence agencies, aerospace contractors, commercial telecommunications, and wireless customers. L3 has its headquarters in NYC.
Here are the top 20 Largest Companies in NYC by Revenue
- Verizon Communications/$125.9 billion
- J.P. Morgan Chase/$105.5 billion
- Citigroup/$82.4 billion
- International Business Machines (IBM)/$79.9 billion
- MetLife/$63.5 billion
- PepsiCo/$62.8 billion
- Pfizer/$52.8 billion
- American International Group (AIG)/$52.4 billion
- New York Life Insurance/$40.8 billion
- Morgan Stanley/$37.9 billion
- Goldman Sachs Group/$37.7 billion
- TIAA-CREF/$37.1 billion
- American Express/$33.8 billion
- Time Warner/$29.3 billion
- Travelers Cos./$27.6 billion
- Twenty-First Century Fox/$27.3 billion
- Philip Morris International/$26.7 billion
- Bristol-Myers Squibb/$19.4 billion
- Icahn Enterprises/$16.3 billion
- Bank of New York Mellon Corp./$15.7 billion
Whether you want to work for the company which employs the most people or the one who makes the most money, this list should give you a great idea of which companies are the best to apply for. Obviously, neither category of companies are going to be easy to just waltz right in and ask for a job. Be sure to dress the part and have your resume up-to-date. Be professional and confident. Confidence goes a long way even when experience is lacking.
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