MercadoLibre lays off 119 people due to its AI expansion, Folha reportsSAO 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.
(Reporting by Andre Romani; Reporting by Brendan O'Boyle)
((Andre.Romani@thomsonreuters.com; 11 991314109;11 56447500;))
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