MercadoLibre lays off 119 people due to its AI expansion, Folha reports

Reuters
2026.01.12 22:07
SAO PAULO, Jan 12 (Reuters) - E-commerce firm MercadoLibre (MELI.O) , which operates across Latin America, laid off 119 people in a move related to its artificial intelligence expansion, Brazilian newspaper Folha de S. Paulo said. The layoffs included 38 people in Brazil, MercadoLibre’s largest market, Folha reported.
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