Mexican listed companies workforce cuts 2026 Megacable Chedraui Alpek, Digi Mart USA News (Mexico): Telecommunications firm Megacable, retailer Chedraui and petrochemical company Alpek were the S&P/BMV IPC issuers with the largest percentage declines in employees during the first nine months of the year, according to a review by EL CEO of company financial information. The index is the main benchmark of the Mexican Stock Exchange (BMV).
Megacable closed the third quarter with 31,770 workers, a 7.7% decrease from the close of December 2025. The review counted officials, employees and workers.
The company attributed the reduction to efficiency initiatives that began in the second quarter as part of a new phase focused on productivity and profitability following an aggressive cycle of expansion and investment.
“We are simplifying processes, raising productivity standards, investing in automation and gradually incorporating artificial intelligence and digital tools into our operations,” said Enrique Yamuni Robles, chief executive of Megacable, on a call with investors. He added that the company is continuously searching for high-performance talent.
Chedraui, which operates in Mexico and the United States, reported 73,004 workers at the close of the third quarter, a 6.4% decrease from the close of 2025. In absolute terms, Chedraui had the largest reduction, with 5,010 fewer positions.
Alpek, which returned to the main BMV benchmark in September after six years, reported 5,173 workers at the end of September, a 5.9% decline compared with 5,495 at the close of 2025.
In total, 16 index companies, excluding the financial groups and Quálitas, showed percentage declines in their workforce at the end of the third quarter compared with the close of 2025. Among them were América Móvil, with a 1.5% contraction; Cemex, with a 3.6% decline; and Alsea, with a difference of only 0.1%.
Despite these reductions, 29 companies increased their workforce by a combined 4,580 workers during the first nine months of the year. As of September, these companies reported a combined 1,719,261 employees, officials and workers, a 0.27% increase compared with the close of 2025.
FEMSA led job creation in absolute terms, adding 16,238 positions to reach 385,014 employees in September, compared with 368,776 at the end of 2025. In percentage terms, Genomma Lab, owned by Rodrigo Herrera, recorded the largest increase at 22.9%, followed by Grupo Aeroportuario del Pacífico (GAP), operator of the Guadalajara International Airport, which rose 12.7% year to date.
Grupo Aeroportuario del Sureste (Asur) was the only company analyzed that showed no change. The operator of Cancún International Airport maintained its workforce at 2,023 workers, according to information shared with the BMV.
