Wal-Mart: Latin America’s Top Employer
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3rd July 2013

The U.S. superstore chain employs over 600,000 in the region – more than the next four largest employers combined.

While energy companies such as Brazil’s Petrobras and Mexico’s Pemex lead the region in revenues, retail companies such as Wal-Mart, Cencosud and CBD are by and large the region’s largest employers. Such are the findings of Latin Business Chronicle’s Latest Top 100 Employers.
The largest employer by far is Wal-Mart, and its Mexican affiliate Wal-Mart de Mexico. Together the two employ nearly 624,025 people: equivalent to the number of employees at the next four companies on our list combined.  Wal-Mart de México, which covers the company’s Mexican and Central American locations, employs 248,246 people alone. The remaining 375,779 employees work at Wal-Marts in Argentina, Brazil, and Chile. In both cases the number of employees rose a bit over 4 percent over last year. Given the company’s announcement that it well enter Peru by the end of this year, expect to see an increase next year as well.
The largest increase in the top 10 went to Chilean retailer Cencosud, which saw its number of employees increase by 20 percent last year. The retailer – which counts brands such as Jumbo hypermarkets, Easy home improvements, and Paris department stores – has greatly expanded its presence in the Brazilian and Colombian markets, while doubling down on present investments in Argentina , Chile, and Peru.
While the number of employees at Brazilian construction giant …

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