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U.S. tech firms hunt for cheap home-based hires in Latin America

The Brazilian real has lost more than a fourth of its value since the pandemic began. Other Latin American currencies including the Argentinian peso and Colombian peso are also losers.

People walk in the commercial center of Sao Paulo, Brazil, on Oct. 18, 2021 amid the COVID-19 pandemic. The remote-work revolution has led some U.S. technology companies to seek new hires in Latin America. (Cris Faga/NurPhoto/Zuma Press/TNS)
People walk in the commercial center of Sao Paulo, Brazil, on Oct. 18, 2021 amid the COVID-19 pandemic. The remote-work revolution has led some U.S. technology companies to seek new hires in Latin America. (Cris Faga/NurPhoto/Zuma Press/TNS)Read moreCris Faga/NurPhoto / MCT
    by Augusta Saraiva, Bloomberg
    Published