Cinépolis is one of the firms that created the most jobs in the past year. Photo: Kimco Realty/Flickr (CC by -ND 2.0)
Entertainment, telecoms and retailers among the biggest winners this year
Latin America’s top employers saw their workforce go down by 0.5 percent, showing a steady employment rate despite economic and political woes in some countries, and a general slowdown across the region.
That is one of the findings of Latin Trade’s Top 100 Employers 2016, which ranks the region’s largest coorporations by their total staff.
Many companies saw double-digit growth in the number of employees compared with the previous ranking. One such case is Mexican movie theatre chain Cinépolis, posting a 31 percent increase from the previous ranking, and is the company with the biggest increase.
Spanish telecoms giant Telefónica posted a 27 percent increase in its number of employees, brining its total number of Latin American workers to 71,798.
On the other side of the spectrum, those with the biggest job cuts were Mafrig Brazil (-33.7 percent), ICA Mexico (-29.3 percent) and Tenaris Argentina (-21.8 percent).
To view and download the full ranking, including the Top Winners & Losers, click below:
Subscribe to latin trade magazine
Click here to begin a subscription for Latin Trade magazine, available both in print and online.
Subscribe to lt.com
Click here to begin an online subscription to LT.com, with its extensive ranking, indices, and market intelligence on Latin America.
Subscribe to free Newsletter
Subscribe here to our free newsletter – getting the latest business headlines from Latin America in your inbox every day.
By Jerry Haar and Krystal Rodriguez
The dictionary definition of crucible is “an extremely …
Latin America is at the crossroads of a new economic paradigm. The region can no longer depend …