How many employees work at Favo?
Favo /NO/ has approximately 68 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Favo’s total headcount has declined 71.3% from 239 employees in 2023 to 68 in 2026.
Is Favo hiring right now?
Yes, Favo is actively hiring. Favo had 8 active job postings in 2026, a 13.3% increase from 2025 — see job openings & hiring trends.
About Favo’s Workforce
Favo /NO/ is an Information Technology Services company that employs 68 people worldwide as of March 2026. It is the 9th-largest by headcount among its peers. Founded in 2010, the company is headquartered in Lima, Peru.
Favo's workforce has declined 71.3% from 2023 to 2026, down 13.8% year over year in 2026. It fell to a low of 68 in 2025 Q4 before recovering. Its workforce is concentrated most in South America (73.2%), followed by Northern Europe (14.6%) and South Asia (5.3%).
Favo's functional groups are Engineering (39.5%), Finance and Operations (34.1%), and Sales and Marketing (26.4%), with Engineering growing fastest (up 8.1%). The average salary is $24,035, ranging from a median of $84,000 in Northern Europe to $9,000 in South Asia, up 25.4% year over year in 2026.
Favo's active job postings rose 13.3% in 2026 to 8, with new postings per month cooling from 8 in 2023 to 3 in 2026. Overall employee sentiment is neutral but declining.
Sourced from Revelio Labs workforce data.
- Headquarters
- Lima, Peru
- Founded
- 2010
- Industry
- Information Technology Services
- Employees
- 68
- YoY
- -13.8% (-16)
As of March 2026
Favo workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Favo. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsFavo Annual Employee Count (2023-2026)
- Favo had 68 employees in 2026, a 13.8% decline (-16) from 2025.
- Favo had 68 employees in 2025, a 18.2% decline (-20) from 2024.
- Favo had 88 employees in 2024, a 49.5% decline (-123) from 2023.
- Favo had 211 employees in 2023, a 12.0% decline (-42) from 2022.
Favo's total workforce has declined from 239 employees in 2023 to 68 in 2026.
Favo /NO/ quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 68 | -16 | -13.8% |
| 2025 | Q4 | 68 | -20 | -18.2% |
| 2025 | Q3 | 69 | -24 | -21.9% |
| 2025 | Q2 | 75 | -16 | -20.7% |
| 2025 | Q1 | 84 | -11 | -13.3% |
| 2024 | Q4 | 88 | -123 | -49.5% |
| 2024 | Q3 | 93 | -131 | -45.4% |
| 2024 | Q2 | 91 | -148 | -49.4% |
| 2024 | Q1 | 95 | -151 | -51.7% |
| 2023 | Q4 | 211 | -42 | -12.0% |
| 2023 | Q3 | 224 | -57 | -10.3% |
| 2023 | Q2 | 239 | -102 | -16.0% |
See Favo's complete headcount history, including quarterly breakdowns.
Get the DataFavo Employee Count by Region (2026)
South America accounts for the largest share of Favo's global workforce with approximately 73% of total employees, followed by Northern Europe and South Asia.
Favo employees by region
| Region | Employees | % of Total |
|---|---|---|
| South America | 49 | 73.2% |
| Northern Europe | 10 | 14.6% |
| South Asia | 4 | 5.3% |
| Eastern Europe | 2 | 3.1% |
| Southeast Asia | 2 | 2.4% |
| Arab States | 1 | 0.8% |
| North America | 0 | 0.4% |
| Western Europe | 0 | 0.2% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataFavo Employee Count by Department (2026)
Favo's employee groups are Engineering (39.5%), Finance and Operations (34.1%), and Sales and Marketing (26.4%).
Favo employees by department
| Department | Employees | % of Total |
|---|---|---|
| Engineering | 27 | 39.5% |
| Finance and Operations | 23 | 34.1% |
| Sales and Marketing | 18 | 26.4% |
Compare Favo's department mix to industry peers.
See Full DataFavo Employee Salary by Region (2026)
Favo's average employee salary is $24,035 globally. Employees in Northern Europe receive the highest compensation, with median pay approximately 3.5x the global average. Pay is lowest in South Asia, at a median of $9,000.
Favo median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| Northern Europe | $84,000 |
| South America | $9,000 |
| South Asia | $9,000 |
Unlock salary by role, level, and city — and compare to Favo's industry peers.
Unlock Salary DataFavo Job Openings and Hiring Trends (2023-2026)
- Favo had 8 active job postings in 2026, a 13.3% increase (+4) from 2025.
- Favo had 4 active job postings in 2025, a 22.2% decline (-1) from 2024.
- Favo had 5 active job postings in 2024, a 116.7% decline (-14) from 2023.
- Favo had 19 active job postings in 2023, a 71.4% increase from 2022.
- Hiring velocity in 2026: 3 new roles/month, up from 2 in 2025 and 3 in 2024.
Favo's active job postings rose 13.3% in 2026 to 8, with new postings per month cooling from 8 in 2023 to 3 in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Unlock Hiring DataFavo Employee Sentiment (2026)
Revelio Labs tracks employee sentiment across Favo's workforce based on public professional data. Overall sentiment is neutral and has declined year over year in 2026.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
Unlock SentimentSimilar Companies
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Frequently Asked Questions About Favo
- How fast is Favo growing?
- In 2026, Favo's headcount shrank 13.8% to 68 employees, down from 84 in 2025.
- See the full headcount history
- Where are Favo employees located?
- Most Favo employees are based in South America (73.2% of headcount), followed by Northern Europe and South Asia.
- Explore where the workforce is based
- What is the average salary at Favo?
- The average employee salary at Favo is approximately $24k per year.
- Analyze the salary distribution
- How many new job postings does Favo open per year?
- In Q1 2026, Favo opened 8 new job postings. In 2025, Favo opened 25 new job postings — about 2 per month.
- Track hiring trends by role
- When was Favo founded and where is it headquartered?
- Favo was founded in 2010 and is headquartered in Lima, Peru.
- Compare Favo to industry peers
Speak with a workforce expert about Favo.
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