Massive hiring plan comes after e-commerce firm quadrupled workforce over last three years
Argentine e-commerce firm Mercado Libre is hiring thousands of employees in Latin America as it seeks to expand its presence in the region.
Mercado Libre plans to hire 18,000 individuals this year to bring its total headcount to around 76,000 people, not counting temporary and outsourced workers, Reuters reported.
The firm plans to hire about 8,200 people in Mexico to boost its headcount there to 24,400 employees. It also plans to hire about 6,500 people in Brazil and 1,800 people in Argentina, according to the report.
By role, around 14,000 new hires will be for its logistics department, while 2,500 will be for tech roles.
It told Reuters that its hiring plan "follows the company's growing performance and will help sustain the expansion of operations with the investments planned for the year."
Mercado Libre's massive hiring plan this year comes after it quadrupled its workforce over the last three years, growing from 15,546 to 58,313 employees as of December 2023.
According to its latest filing to the Securities and Exchange Commission, it welcomed over 17,500 employees in Latin America in 2023, with significant growth reported in its Technology, Product, and Logistics teams.
It has the biggest number of employees in Brazil (22,791), Mexico (16,195), and Argentina (10,663).
"Our recruitment and hiring strategy is an example of our commitment to serve as a growth engine for Latin America in response to the challenges presented in the last years," it said in the filing. "It is a privilege and source of pride to continue generating quality employment in Latin America."
