financetom
Business
financetom
/
Business
/
E-commerce firm MercadoLibre to increase staff by 30% in 2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
E-commerce firm MercadoLibre to increase staff by 30% in 2024
Apr 17, 2024 3:29 AM

SAO PAULO, April 17 (Reuters) - Latin American

e-commerce giant MercadoLibre ( MELI ) plans to increase total

staff by 30% in 2024 by hiring some 18,000 people as it seeks to

build its business in Mexico and elsewhere, it said on

Wednesday.

The company said in a statement the hiring spree will bring

its total headcount to around 76,000 people, excluding temporary

and outsourced workers.

"MercadoLibre's ( MELI ) hiring plan follows the company's growing

performance and will help sustain the expansion of operations

with the investments planned for the year," it said in a

statement.

MercadoLibre ( MELI ) plans to hire about 8,200 people in Mexico in

2024, the most among the 18 countries in which it operates,

increasing its staff in Latin America's second-largest economy

by more than 50% to 24,400 employees.

MercadoLibre ( MELI ) has been seeking to expand operations in

Mexico, which was its No. 3 market by revenue in 2023, behind

only Brazil and Argentina.

On Monday, the company disclosed plans to hire about 6,500

people in Brazil, where it generates more than half its total

revenue.

From the total number of people it plans to hire in Latin

America, MercadoLibre ( MELI ) - which also owns financial technology

firm Mercado Pago - said some 14,000 would be for its logistics

department, while 2,500 are expected to fill technology roles.

In Argentina, MercadoLibre ( MELI ) plans to hire about 1,800 people,

increasing its staff by about 17%.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Seacoast Banking Gets Regulatory Approvals for Heartland Bancshares Deal
Seacoast Banking Gets Regulatory Approvals for Heartland Bancshares Deal
May 26, 2025
07:50 AM EDT, 05/15/2025 (MT Newswires) -- Seacoast Banking Corp. of Florida ( SBCF ) said late Wednesday it has received all regulatory approvals required to complete its planned acquisition of Heartland Bancshares. The deal is expected to close by July 11, subject to Heartland shareholders' approval, Seacoast said. ...
Waters Corp's India business boosted by rush for weight-loss drugs
Waters Corp's India business boosted by rush for weight-loss drugs
May 26, 2025
By Kashish Tandon BENGALURU (Reuters) -U.S.-based Waters Corp ( WAT ), which makes medical equipment used in clinical testing, has seen a spurt in demand from drugmakers in India rushing to develop their versions of popular weight-loss drugs, a senior executive told Reuters. Semaglutide, the active ingredient in Novo Nordisk's Wegovy and diabetes medicine Ozempic, goes off patent in India...
NV5 Global Agrees to be Acquired by Acuren for $1.7 Billion
NV5 Global Agrees to be Acquired by Acuren for $1.7 Billion
May 26, 2025
07:49 AM EDT, 05/15/2025 (MT Newswires) -- NV5 Global ( NVEE ) said Thursday it has agreed to be acquired by Acuren ( TIC ) for about $1.7 billion. Under the terms of the agreement, NV5 shareholders will receive $23 per share, which will consist of $10 in cash and $13 in Acuren ( TIC ) common shares, subject to...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved