NASDAQ Stockholm: HM.B

How many employees work at H&M Hennes & Mauritz?

H&M Hennes & Mauritz AB (HM.B) has approximately 127,300 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. H&M Hennes & Mauritz's total headcount has declined 16.1% from 151,708 employees in 2023 to 127,300 in 2026.

Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published July 2026

H&M Hennes & Mauritz is hiring

Is H&M Hennes & Mauritz hiring right now?

Yes, H&M Hennes & Mauritz is actively hiring. H&M Hennes & Mauritz had 953 active job postings in 2026, a 0.7% decline from 2025 see job openings & hiring trends.

About H&M Hennes & Mauritz's Workforce

H&M Hennes & Mauritz AB (HM.B) is an Apparel Retail company that employs 127,300 people worldwide as of March 2026. It is the 2nd-largest by headcount among its peers. Founded in 1943, the company is headquartered in Stockholm, Sweden and trades on the NASDAQ Stockholm.

H&M Hennes & Mauritz's workforce has declined 16.1% from 2023 to 2026, down 6.7% year over year in 2026. It fell to a low of 127,300 in 2026 Q1 before recovering. Its workforce is concentrated most in India (14.2%), followed by the United States (10.8%) and Sweden (7.6%), with India, its fastest-growing location, up 1.2%.

H&M Hennes & Mauritz's largest functional groups are Engineering (44.8%), Finance and Operations (33.4%), and Sales and Marketing (21.8%). Median employee tenure is 3.2 years. The average salary is $29,832, ranging from a median of $40,000 in Northern America to $4,000 in Southern Asia.

H&M Hennes & Mauritz's active job postings fell 0.7% in 2026 to 953, with new postings per month cooling from 2,579 in 2023 to 772 in 2026. Overall employee sentiment is neutral but declining.

Sourced from Revelio Labs workforce data.

As of March 2026

H&M Hennes & Mauritz
workforce metrics

Headcount

127.3k

6.7% YoY

Avg. Salary

$29.8k

0.8% YoY

Tenure

3.2yr

0.1yr YoY

Growth Rate

-6.7%

1.6pts YoY

Hiring Rate

Attrition Rate

Unlock hiring rate, attrition rate, and 12 additional workforce metrics for H&M Hennes & Mauritz. Compare to peers, export the dataset, and access the full quarterly history.

Unlock Metrics
Interactive chart of H&M Hennes & Mauritz annual worldwide employee count from 2023 to 2026.
  • H&M Hennes & Mauritz had 127,300 employees in 2026, a 6.7% decline (-8,760) from 2025.
  • H&M Hennes & Mauritz had 129,957 employees in 2025, a 6.4% decline (-8,661) from 2024.
  • H&M Hennes & Mauritz had 138,618 employees in 2024, a 5.3% decline (-7,483) from 2023.
  • H&M Hennes & Mauritz had 146,101 employees in 2023, a 5.4% decline (-8,075) from 2022.

H&M Hennes & Mauritz's total workforce has declined from 151,708 employees in 2023 to 127,300 in 2026.

H&M Hennes & Mauritz AB — quarterly employee count (20232026)

YearQtrEmployeesYoY ChangeYoY %
2026Q1127,300-8,760-6.7%
2025Q4129,957-8,661-6.4%
2025Q3131,835-8,229-6.1%
2025Q2135,653-7,333-5.3%
2025Q1136,060-6,989-5.0%
2024Q4138,618-7,483-5.3%
2024Q3140,064-8,049-5.6%
2024Q2142,986-8,722-5.9%
2024Q1143,049-8,210-5.6%
2023Q4146,101-8,075-5.4%
2023Q3148,113-8,404-5.5%
2023Q2151,708-7,170-4.6%

Want to see H&M Hennes & Mauritz's complete headcount history back to 2008, including quarterly breakdowns?

Get the Data

India accounts for the largest share of H&M Hennes & Mauritz's global workforce with approximately 14% of total employees, followed by the United States and Sweden. H&M Hennes & Mauritz's headcount in India is growing fastest among its major locations, up 1.2% year over year in 2026.

H&M Hennes & Mauritz employees by country — 2026

CountryEmployees% of TotalYoY %
India17,96914.2%+1.2%
United States13,69110.8%-5.6%
Sweden9,6377.6%-6.0%
United Kingdom8,3476.6%-7.4%
France5,2734.2%-7.7%
China4,9453.9%-0.9%
Germany4,6523.7%-4.9%
Italy4,2513.3%-5.2%
Spain3,5912.8%-6.8%
Canada3,4262.7%-7.9%

Drill into city-level data, hiring trends by region and historic geographic shifts

Unlock Geographic Data

H&M Hennes & Mauritz's largest employee groups are Engineering (44.8%), Finance and Operations (33.4%), and Sales and Marketing (21.8%).

H&M Hennes & Mauritz employees by department — 2026

DepartmentEmployees% of TotalYoY %
Engineering55,54544.8%-5.0%
Finance and Operations41,38133.4%-4.3%
Sales and Marketing26,94821.8%-3.6%

Compare H&M Hennes & Mauritz's department mix to industry peers.

See Full Data

H&M Hennes & Mauritz's average employee salary is $29,832 globally. Employees in Northern America receive the highest compensation, with median pay approximately 1.3x the global average. Pay is lowest in Southern Asia, at a median of $4,000.

H&M Hennes & Mauritz median employee salary by region — 2026 (USD)

RegionMedian Salary
Northern America$40,000
Pacific Islands$39,000
Northern Europe$37,000
Western Europe$33,000
Eastern Asia$28,000
Arab States$22,000
Southern Europe$21,000
Eastern Europe$18,000
Central and Western Asia$11,000
Central America and the Caribbean$10,000
Southern America$8,000
South-Eastern Asia$8,000
Sub-Saharan Africa$7,000
Northern Africa$6,000
Southern Asia$4,000

Unlock salary by role, level, and city — and compare to H&M Hennes & Mauritz's industry peers.

Unlock Salary Data
Interactive chart of H&M Hennes & Mauritz annual active job postings from 2023 to 2026.
  • H&M Hennes & Mauritz had 953 active job postings in 2026, a 0.7% decline (-205) from 2025.
  • H&M Hennes & Mauritz had 1,158 active job postings in 2025, a 35.2% increase (+347) from 2024.
  • H&M Hennes & Mauritz had 811 active job postings in 2024, a 39.3% decline (-397) from 2023.
  • H&M Hennes & Mauritz had 1,208 active job postings in 2023, a 9.7% decline from 2022.
  • Hiring velocity in 2026: 772 new roles/month, down from 1,161 in 2025 and 1,485 in 2024. New metric

H&M Hennes & Mauritz's hiring is slowing: active job postings fell 0.7% in 2026 to 953, with new postings per month cooling from 2,579 in 2023 to 772 in 2026.

Track new postings per month, role-level demand, and hiring velocity vs. peers.

Unlock Hiring Data

Revelio Labs tracks employee sentiment across H&M Hennes & Mauritz's workforce based on public professional data. Overall sentiment is neutral and has declined year over year in 2026.

Overall

NegativePositive

Unlock the full sentiment breakdown by department, tenure, and trend over time.

Unlock Sentiment
How fast is H&M Hennes & Mauritz growing?
In 2026, H&M Hennes & Mauritz's headcount shrank 6.7% to 127,300 employees, down from 136,060 in 2025.
Where are H&M Hennes & Mauritz employees located?
Most H&M Hennes & Mauritz employees are based in India (14.2% of headcount), followed by the United States and Sweden.
What is the average salary at H&M Hennes & Mauritz?
The average employee salary at H&M Hennes & Mauritz is approximately $29.8k per year.
How many people does H&M Hennes & Mauritz hire per year?
In 2026, H&M Hennes & Mauritz opened roughly 9,264 new roles — about 772 per month.
When was H&M Hennes & Mauritz founded and where is it headquartered?
H&M Hennes & Mauritz was founded in 1943 and is headquartered in Stockholm, Sweden.

See something that doesn't look right? Reach out and our team will review it.