Magazine Luiza S.A. (BVMF:MGLU3)

Magazine Luiza Employees

Magazine Luiza had 35,000 employees as of December 31, 2025. The number of employees decreased by 5,000 or -12.50% compared to the previous year. That makes Magazine Luiza the 1,026th largest employer in the world and 21st in Brazil.

• Employees: 35,000
• Change: -5,000
• Growth: -12.50%
• Revenue / Employee: 1.09M BRL
• Profits / Employee: 2.53K BRL
• Market Cap: 9.48B

Employees Chart

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Employees History

Date	Employees	Change (1Y)	Growth (1Y)
Dec 31, 2025	35,000	-5,000	-12.50%
Dec 31, 2021	40,000	0	-
Dec 31, 2020	40,000	10,000	33.33%
Dec 31, 2019	30,000	10,000	50.00%
Dec 31, 2016	20,000	-	-

Data Source: S&P Global Market Intelligence Last updated: Dec 31, 2025

Employee data is provided by S&P Global Market Intelligence and updates once per year after the filing of each annual report.

Update frequency:

Yearly

Last checked:

Oct 6, 2026

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