StoneCo Ltd
For the period ended Dec 31, 2024. Filed Apr 24, 2025.
View on SEC.govAbout this filing
The yearly report of a company based outside the US. It covers much of what a 10-K does, and may follow accounting rules other than US ones.
FY2024 · Filed Apr 24, 2025
Contents
D. Employees
As of December 31, 2024, 2023 and 2022 we had 16,793, 17,091 and 16,685 full-time employees, respectively. As of December 31, 2024, 3,882 of these employees were based in our offices in São Paulo, 3,033 of these employees were based in our offices in Rio de Janeiro, and 9,878 were based in other cities elsewhere in Brazil and in other countries, mainly in Latin America and the Caribbean. We also engage consultants as needed to support our operations.
The table below breaks down our full-time personnel by function as of December 31, 2024:
| Number ofEmployees · % of Total · Number ofEmployees | ||||
|---|---|---|---|---|
| Function · 2024 · 2023 · 2022 | ||||
| Administrative | 2,063 | 12.3% | 2,227 | 2,199 |
| Operations | 4,297 | 25.6% | 4,472 | 4,839 |
| Technology and Product Development | 4,573 | 27.2% | 4,800 | 4,608 |
| Sales and Marketing | 5,860 | 34.9% | 5,592 | 5,039 |
| Total | 16,793 | 100% | 17,091 | 16,685 |
Our employees in Brazil are affiliated with the labor unions of independent sales agents and of consulting, information, research and accounting firms for the geographic area in which they render services. We believe we have a constructive relationship with these unions, as we have never experienced strikes, work stoppages or disputes leading to any form of downtime.
None of our executive officers have entered into employment agreements with us.
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