How many employees work at TOYO Co. Ltd.?
TOYO Co. Ltd. (TOYO) has approximately 1,619 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. TOYO Co. Ltd.'s total headcount has grown 328.4% from 378 employees in 2023 to 1,619 in 2026.
Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published July 2026
Is TOYO Co. Ltd. hiring right now?
Yes, TOYO Co. Ltd. is actively hiring. TOYO Co. Ltd. had 3 active job postings in 2026, a 200.0% increase from 2025 — see job openings & hiring trends.
About TOYO Co. Ltd.'s Workforce
TOYO Co. Ltd. (TOYO) is an Electronics Manufacturing company that employs 1,619 people worldwide as of March 2026. It is the 7th-largest by headcount among its peers and trades on the NASDAQ. The company is headquartered in Tokyo, Japan and was founded in an era not specified in the data, within the Electronics Manufacturing industry.
TOYO’s workforce has expanded rapidly, growing 328.4% from 2023 to 2026 and rising 28.5% year over year in 2026. Its headcount is heavily concentrated in Ethiopia, which accounts for 86.8% of employees, followed by the United States at 6.6% and Vietnam at 4.8%, with Singapore identified as its fastest-growing location.
TOYO’s largest groups by headcount are Finance and Operations at 55.5%, Engineering at 23.3%, and Sales and Marketing at 21.3%, with Engineering the fastest-growing segment at 26.0%. The average tenure across the workforce is 1 year, and the global average salary is $9,643, while regional medians show $45,000 in Northern America and $3,000 in Sub-Saharan Africa.
TOYO’s active job postings rose 200.0% in 2026 to 3 postings, with postings per month increasing from 0 in 2023 to 11 in 2026. The company ranks 7th by headcount among its peers, out of 10. Singapore and Malaysia are noted as two locations with 100% growth, while China shows a negative growth of -200% in headcount share.
Sourced from Revelio Labs workforce data.
As of March 2026
TOYO Co. Ltd.
workforce metrics
Headcount
1.6k
28.5% YoY
Avg. Salary
$9.6k
39.7% YoY
Tenure
1.0yr
0.1yr YoY
Growth Rate
28.5%
69.3pts YoY
Hiring Rate
Attrition Rate
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for TOYO Co. Ltd.. Compare to peers, export the dataset, and access the full quarterly history.
- TOYO Co. Ltd. had 1,619 employees in 2026, a 28.5% increase (+404) from 2025.
- TOYO Co. Ltd. had 1,583 employees in 2025, a 92.6% increase (+1,002) from 2024.
- TOYO Co. Ltd. had 581 employees in 2024, a 39.5% increase (+192) from 2023.
- TOYO Co. Ltd. had 389 employees in 2023, a 11.1% increase (+41) from 2022.
TOYO Co. Ltd.'s total workforce has grown from 378 employees in 2023 to 1,619 in 2026.
TOYO Co. Ltd. — quarterly employee count (2023–2026)
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 1,619 | +404 | +28.5% |
| 2025 | Q4 | 1,583 | +1,002 | +92.6% |
| 2025 | Q3 | 1,580 | +1,133 | +111.8% |
| 2025 | Q2 | 1,381 | +963 | +107.0% |
| 2025 | Q1 | 1,215 | +798 | +97.8% |
| 2024 | Q4 | 581 | +192 | +39.5% |
| 2024 | Q3 | 447 | +59 | +14.2% |
| 2024 | Q2 | 418 | +40 | +10.1% |
| 2024 | Q1 | 417 | +39 | +9.8% |
| 2023 | Q4 | 389 | +41 | +11.1% |
| 2023 | Q3 | 388 | +43 | +11.7% |
| 2023 | Q2 | 378 | +33 | +9.1% |
Want to see TOYO Co. Ltd.'s complete headcount history back to 2008, including quarterly breakdowns?
Ethiopia accounts for the largest share of TOYO Co. Ltd.'s global workforce with approximately 87% of total employees, followed by the United States and Vietnam. TOYO Co. Ltd.'s headcount in Singapore is growing fastest among its major locations, up 100.0% year over year in 2026.
TOYO Co. Ltd. employees by country — 2026
| Country | Employees | % of Total | YoY % |
|---|---|---|---|
| Ethiopia | 1,405 | 86.8% | +6.9% |
| United States | 107 | 6.6% | +60.0% |
| Vietnam | 78 | 4.8% | +16.2% |
| Japan | 15 | 0.9% | +0.0% |
| United Arab Emirates | 7 | 0.5% | +0.0% |
| Singapore | 4 | 0.2% | +100.0% |
| Malaysia | 3 | 0.2% | +100.0% |
| China | 0 | 0.0% | -200.0% |
Drill into city-level data, hiring trends by region and historic geographic shifts
TOYO Co. Ltd.'s largest employee groups are Finance and Operations (55.5%), Engineering (23.3%), and Sales and Marketing (21.3%).
TOYO Co. Ltd. employees by department — 2026
| Department | Employees | % of Total | YoY % |
|---|---|---|---|
| Finance and Operations | 898 | 55.5% | +1.1% |
| Engineering | 376 | 23.3% | +26.0% |
| Sales and Marketing | 344 | 21.3% | +19.7% |
Compare TOYO Co. Ltd.'s department mix to industry peers.
TOYO Co. Ltd.'s average employee salary is $9,643 globally. Employees in Northern America receive the highest compensation, with median pay approximately 4.7x the global average. Pay is lowest in Sub-Saharan Africa, at a median of $3,000.
TOYO Co. Ltd. median employee salary by region — 2026 (USD)
| Region | Median Salary |
|---|---|
| Northern America | $45,000 |
| South-Eastern Asia | $9,000 |
| Sub-Saharan Africa | $3,000 |
Unlock salary by role, level, and city — and compare to TOYO Co. Ltd.'s industry peers.
- TOYO Co. Ltd. had 3 active job postings in 2026, a 200.0% increase (-5) from 2025.
- TOYO Co. Ltd. had 8 active job postings in 2025, a 200.0% increase (+8) from 2024.
- TOYO Co. Ltd. had 0 active job postings in 2024, a 0% no change from 2023.
- TOYO Co. Ltd. had 0 active job postings in 2023, a 0% no change from 2022.
- Hiring velocity in 2026: 11 new roles/month, up from 6 in 2025 and 0 in 2024. New metric
TOYO Co. Ltd.'s hiring is accelerating: active job postings rose 200.0% in 2026 to 3, with new postings per month climbing from 0 in 2023 to 11 in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Similar Electronics Manufacturing Companies by Employee Count
- How fast is TOYO Co. Ltd. growing?
- In 2026, TOYO Co. Ltd.'s headcount grew 28.5% to 1,619 employees, up from 1,215 in 2025.
- Where are TOYO Co. Ltd. employees located?
- Most TOYO Co. Ltd. employees are based in Ethiopia (86.8% of headcount), followed by the United States and Vietnam.
- What is the average salary at TOYO Co. Ltd.?
- The average employee salary at TOYO Co. Ltd. is approximately $9.6k per year.
- How many people does TOYO Co. Ltd. hire per year?
- In 2026, TOYO Co. Ltd. opened roughly 132 new roles — about 11 per month.
- When was TOYO Co. Ltd. founded and where is it headquartered?
- TOYO Co. Ltd. is headquartered in Tokyo, Japan.
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