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Brazilian unicorns hit by mass layoffs as financing runs scarce

Brazilian startup companies also known as unicorns are going through mass layoffs after their momentum seems to have calmed down and the consequences of COVID-19 lockdowns and their ensuing economic crises begin to take their toll, it was reported. ....

Felipe Matos , Brazilian Startups Association Abstartups , Brazilian Startups Association , Chairman Felipe Matos ,

Startups facing wave of layoffs in Brazil due to investment cuts

By Alba Santandreu Sao Paulo, Jul 17 (EFE).- Brazil, the mecca for emerging companies in Latin America, is facing a wave of layoffs and resignations among its startups amid a worldwide investment “crisis” due to global uncertainties and an environment of progressively more restrictive monetary policies. Brazil, the country with the most so-called “unicorns” in … ....

Sao Paulo , United States , Alba Santandreu , Martin Escobar , Felipe Matos , Brazilian Startups Association Abstartups , Latin America , Brazilian Startups Association , Layoff Brazil Web , Latin American ,