Economy at risk? There is a forecast for mass layoffs in Brazil!

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During 2022 we saw some large scale layoffs leaving many workers worried about the end of stability. The signs point out that 2023 will be no different! In the coming months, we may see even more layoffs! This is perceptible only by the number of dismissals recorded in the first 15 days of the year alone. About 100,000 people across the country were laid off.

Mass layoffs in early 2023 and the companies involved

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Most of the laid-off workers worked at large companies such as Amazon and Facebook, particularly in the technology sector. Another that also announced layoffs for this year was the Chinese company responsible for the 99 car app.

Regardless of size, these and other startups are responsible for hosting a large part of the country's jobs. One of the largest companies that offer travel in Brazil, CVC Corp, announced the dismissal of 5% of its employees. One of the justifications given was the “single restructuring”, named as an organization process.

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The Guararapes group, responsible for Lojas Riachuelo, communicated that production will be off in Rio Grande do Norte, in Natal. This decision accompanied the departure of 10% of employees and the closure of the unit in Fortaleza, Ceará.

The electricians' union announced that around 2,500 citizens will be dismissed in 2023 at Eletrobrás and Eletronorte. In addition, 600 employees underwent the voluntary termination program.

The recent announcement about the BRL 40 billion debts of the Americanas network caused even more concern. In addition to layoffs, there will be a sharp drop in the stock market due to the absence of shares in other companies, such as the Ambev group, controlled by the owners of Americanas, and the banks Bradesco and BTG, as they are in crisis financial.

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