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Latin America: Walmart Largest Employer

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Walmart, Pemex and Femsa are the top employers in Latin America.

BY CHRONICLE STAFF

 

Although oil giants Petrobras of Brazil and Pemex of Mexico rank as Latin America’s largest companies in revenues on the Latin 500, they are not the top employers.

 

The single largest employer in Latin America is US-based retailer Walmart, according to the first annual ranking of Latin America’s Top 100 Employers from Latin Business Chronicle.

 

The company employs a whopping 326,136 people in Latin America.  Nearly half of those work in Mexico alone, where Walmart de Mexico, is the country’s top employer, with 176,463 people. That compares with 145,146 employed at Pemex, the state oil company which ranks as the third-largest employer in Latin America.

 

Although Brazil’s ...



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