--- title: "MercadoLibre lays off 119 people due to its AI expansion, Folha reports" description: "SAO PAULO, Jan 12 (Reuters) - E-commerce firm MercadoLibre, which operates across Latin America, laid off 119 people in a move related to its artificial intelligence expansion, Brazilian newspaper Fol" type: "news" locale: "en" url: "https://longbridge.com/en/news/272324530.md" published_at: "2026-01-12T22:07:32.000Z" --- # MercadoLibre lays off 119 people due to its AI expansion, Folha reports > SAO PAULO, Jan 12 (Reuters) - E-commerce firm MercadoLibre, 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. 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. ### Related Stocks - [MELI.US - Mercadolibre](https://longbridge.com/en/quote/MELI.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Canada to Press OpenAI on Safety Protocols After Mass Shooting -- Update | Canada's AI minister, Evan Solomon, is set to meet with OpenAI executives to discuss safety protocols following a mass s | [Link](https://longbridge.com/en/news/276641383.md) | | Mercado Libre Q4 revenue rises | Mercado Libre reported a 45% year-over-year increase in Q4 revenue, driven by strong growth in its commerce business acr | [Link](https://longbridge.com/en/news/276796281.md) | | Autodesk Faces Limited Risk From AI, Morgan Stanley Says | Autodesk Faces Limited Risk From AI, Morgan Stanley Says | [Link](https://longbridge.com/en/news/276624119.md) | | This AI Stock is Beating The Market and Could Keep Climbing in 2026 | This AI Stock is Beating The Market and Could Keep Climbing in 2026 | [Link](https://longbridge.com/en/news/276619136.md) | | 6 stocks that can win as AI shakes up the economy | Aerospace and manufacturing are turning out to be potential havens. | [Link](https://longbridge.com/en/news/276632140.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.