B3 Sao Paulo Stock Exchange: MGLU3

How many employees work at Magazine Luiza?

Magazine Luiza SA (MGLU3) has approximately 34,832 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Magazine Luiza’s total headcount has declined 10.5% from 38,938 employees in 2023 to 34,832 in 2026.

Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published August 2026

Is Magazine Luiza hiring right now?

Yes, Magazine Luiza is actively hiring. Magazine Luiza had 1,893 active job postings in 2026, a 38.2% decline from 2025 — see job openings & hiring trends.

About Magazine Luiza’s Workforce

Magazine Luiza SA (MGLU3) is a Retail and Consumer Goods company that employs 34,832 people worldwide as of March 2026. It is the 6th-largest by headcount among its peers. Founded in 1957, the company is headquartered in Franca, Brazil and trades on the B3 Sao Paulo Stock Exchange.

Magazine Luiza's workforce has declined 10.5% from 2023 to 2026, down 2.8% year over year in 2026. It fell to a low of 34,832 in 2026 Q1 before recovering. Its workforce is concentrated most in South America (97.9%), followed by North America (0.5%) and Western Europe (0.4%).

Magazine Luiza's functional groups are Finance and Operations (45.3%), Engineering (29.9%), and Sales and Marketing (24.9%). The average salary is $9,052, ranging from a median of $59,000 in North America to $6,000 in South America, up 1.0% year over year in 2026.

Magazine Luiza's active job postings fell 38.2% in 2026 to 1,893, with new postings per month cooling from 1,348 in 2023 to 1,177 in 2026. Overall employee sentiment is neutral but declining.

Sourced from Revelio Labs workforce data.

Ticker
B3 Sao Paulo Stock Exchange: MGLU3
Headquarters
Franca, Brazil
Founded
1957
Industry
Retail and Consumer Goods
Employees
34,832
YoY
-2.8% (-897)

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Magazine Luiza Annual Employee Count (2023-2026)

Interactive chart of Magazine Luiza annual worldwide employee count from 2023 to 2026.
  • Magazine Luiza had 34,832 employees in 2026, a 2.8% decline (-897) from 2025.
  • Magazine Luiza had 36,000 employees in 2025, a 3.2% decline (-962) from 2024.
  • Magazine Luiza had 36,962 employees in 2024, a 0.3% increase (-1,131) from 2023.
  • Magazine Luiza had 38,093 employees in 2023, a 3.4% decline (-3,203) from 2022.

Magazine Luiza's total workforce has declined from 38,938 employees in 2023 to 34,832 in 2026.

Magazine Luiza SA quarterly employee count

YearQtrEmployeesYoY ChangeYoY %
2026Q134,832-897-2.8%
2025Q436,000-962-3.2%
2025Q335,938-792-2.4%
2025Q235,739-1,039-2.1%
2025Q135,729-1,481-2.1%
2024Q436,962-1,131+0.3%
2024Q336,730-1,409-0.1%
2024Q236,778-2,160-1.3%
2024Q137,210-2,893-1.9%
2023Q438,093-3,203-3.4%
2023Q338,139-3,243-3.0%
2023Q238,938-3,315-3.0%

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Magazine Luiza Employee Count by Region (2026)

South America accounts for the largest share of Magazine Luiza's global workforce with approximately 98% of total employees, followed by North America and Western Europe.

Magazine Luiza employees by region

RegionEmployees% of Total
South America33,66997.9%
North America1660.5%
Western Europe1510.4%
Southern Europe1060.3%
Central America and the Caribbean800.2%
Sub-Saharan Africa730.2%
South Asia560.2%
Pacific Islands460.1%
Northern Europe240.1%
North Africa100.0%

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Magazine Luiza Employee Count by Department (2026)

Magazine Luiza's employee groups are Finance and Operations (45.3%), Engineering (29.9%), and Sales and Marketing (24.9%).

Magazine Luiza employees by department

DepartmentEmployees% of Total
Finance and Operations15,33245.3%
Engineering10,11429.9%
Sales and Marketing8,42024.9%

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Magazine Luiza Employee Salary by Region (2026)

Magazine Luiza's average employee salary is $9,052 globally. Employees in North America receive the highest compensation, with median pay approximately 6.5x the global average. Pay is lowest in South America, at a median of $6,000.

Magazine Luiza median employee salary by region (USD)

RegionMedian Salary
North America$59,000
Pacific Islands$39,000
Sub-Saharan Africa$37,000
Western Europe$36,000
Northern Europe$33,000
East Asia$26,000
Southern Europe$23,000
Southeast Asia$22,000
North Africa$13,000
Central America and the Caribbean$12,000
South America$6,000
South Asia$4,000

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Magazine Luiza Job Openings and Hiring Trends (2023-2026)

Interactive chart of Magazine Luiza annual active job postings from 2023 to 2026.
  • Magazine Luiza had 1,893 active job postings in 2026, a 38.2% decline (-1,624) from 2025.
  • Magazine Luiza had 3,517 active job postings in 2025, a 17.1% increase (+553) from 2024.
  • Magazine Luiza had 2,964 active job postings in 2024, a 54.1% increase (+1,262) from 2023.
  • Magazine Luiza had 1,702 active job postings in 2023, a 109.3% increase from 2022.
  • Hiring velocity in 2026: 1,177 new roles/month, down from 1,855 in 2025 and 2,134 in 2024.

Magazine Luiza's hiring is slowing: active job postings fell 38.2% in 2026 to 1,893, with new postings per month cooling from 1,348 in 2023 to 1,177 in 2026.

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Magazine Luiza Employee Sentiment (2026)

Revelio Labs tracks employee sentiment across Magazine Luiza's workforce based on public professional data. Overall sentiment is neutral and has declined year over year in 2026.

Overall

NegativePositive

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Frequently Asked Questions About Magazine Luiza

How fast is Magazine Luiza growing?
In 2026, Magazine Luiza's headcount shrank 2.8% to 34,832 employees, down from 35,729 in 2025.
See the full headcount history
Where are Magazine Luiza employees located?
Most Magazine Luiza employees are based in South America (97.9% of headcount), followed by North America and Western Europe.
Explore where the workforce is based
What is the average salary at Magazine Luiza?
The average employee salary at Magazine Luiza is approximately $9.1k per year.
Analyze the salary distribution
How many new job postings does Magazine Luiza open per year?
In Q1 2026, Magazine Luiza opened 3,531 new job postings. In 2025, Magazine Luiza opened 22,254 new job postings — about 1,855 per month.
Track hiring trends by role
When was Magazine Luiza founded and where is it headquartered?
Magazine Luiza was founded in 1957 and is headquartered in Franca, Brazil.
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