Brazil: companies with the largest workforce 2022

Correios, also known as Empresa Brasileira de Correios e Telégrafos or by its acronym ECT, is one of the largest employers in Brazil. In 2022, the postal office services company based in Brasília employed around 88,500 people. Food manufacturer BRF, whose revenue in 2021 rounded 48 billion Brazilian reals, had a workforce of more than 96,000 workers.

Correios, the Brazilian Post

The origin of postal services in Brazil dates back to the late XVII century, during colonial times. Until the invention of telephony, the post and the telegraph were the only ways of communication. Given the country's vast territory, these services were of the utmost importance for the development of the Brazilian economy. Correios is still nowadays one of the most revenue generating services companies in Brazil. The largest share of its workforce is made up of mail carriers and postal clerks.

Itaú, from São Paulo to the world

In 2022, the Brazilian financial company Itaú Unibanco was the largest bank in Latin America. In that year, Itaú Unibanco owned assets that amounted to more than 2.3 trillion Brazilian reals. Formed in 2008 with the merger of Banco Itaú and Unibanco, the bank operates worldwide, having 3,244 branches just in Brazil that employ almost 100,000 people.