Amazon is the largest U.S. company by market capitalization

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Amazon is the largest U.S. company by market capitalization

The disclosure made Amazon the largest company by market capitalization to date to respond to a call by New York City Comptroller Scott Stringer for companies to publicly release a confidential federal form, his office said on Thursday.

In all 67 companies in the S&P 100 revealed or plan to release their EEO - 1 forms that reveal detail worker information as a result of the campaign, Stringer's office said.

A lack of racial or gender diversity in the leadership of many U.S. corporations have drawn attention since Black Lives Matter demonstrations last year.

Demographic trends at Amazon are closely watched compared to other technology companies partly because of the large blue-collar workforce staffing its warehouses and delivery vans, making it one of the largest U.S. private employers in industry / business.

Amazon data on U.S. workers showed that as of the end October 2004, 71% of top executive were white, down from 74% at the same point in 2019.

The figures were in a similar range to other big technology companies, several of which have not yet disclosed 2020 reports. An Amazon spokesperson said by e-mail that the data shows it is making progress on diversity and noted hiring goals it has set to improve diversity, including hiring more Black people and women. People of color accounted for 42% of newly hired executives in 2020, she said.

Amazon's total U.S. employment figure stands around 950,000, and the company has described more hiring goals as possible.

The biggest single category of workers was the Amazon filings posted on its site on Tuesday, accounting for roughly two-thirds of workers as of last October.

The form showed such workers who were Black, Hispanic or other nonwhite categories made up 74% of such workers last year, compared with 72% the prior year.