Major Companies Announce Massive Layoffs at the Start of 2023, Sparkling Concerns About the Brazilian Economy

Written by Bruno Teles

Published on 18/01/2023 at 21:14

Grandes empresas anunciam demissão em massa no começo de 2023 e mercado fica preocupado ao que pode acontecer com a economia brasileira (Foto/divulgação)

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Mass Layoffs Are Being Seen In These Early Days Of 2023 And Require Quick Solutions To Contain Job Losses In Brazil.

Various episodes of mass layoffs began as early as December 2022, traumatizing Brazilians. However, January 2023 is already announcing a year in which some companies are preparing for things that could worsen. The job market saw more layoffs only at the beginning of the month. In the first 15 days, more than 100,000 workers across the country lost their jobs.

Mass layoffs are affecting most areas of technology. The wave of mass layoffs in tech companies has spread from industry giants – such as Amazon and Facebook – to small and medium-sized enterprises, like the 99 transportation app, and has the potential to spread to many more startups, an industry responsible for millions of jobs across the country.

The “99,” a Chinese transportation app company, has started layoffs in Brazil but did not specify how many people will be laid off. However, the victims are known to affect all areas of the company.

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40 Billion Reais In Debt And The Result: Mass Layoffs

Workers at Lojas Americanas are undergoing mass layoffs after declaring in court the existence of debts of over 40 billion reais. The discovery of the billion-dollar gap by the company worried the market, causing a series of layoffs in addition to a sharp drop in the stock market, with the decline of shares in other partner companies of the group, such as Ambev, controlled by the owners of Americanas, and banks like Bradesco and BTG, which are also in crisis. In a statement, Americanas assured that it is committed to “working with creditors to find short-term solutions.” However, despite the expected layoffs, the company has not yet indicated whether it will cut jobs or close stores in the country.

Riachuelo Joins The List Of Companies That Laid Off Workers In 2023

The Guararapes Group, owner of Riachuelo stores, announced the closure of its division in Fortaleza, Ceará. In addition to closing the factory, the company laid off thousands of workers – about 10% of Guararapes’ workforce – and will concentrate production in Natal, Rio Grande do Norte, from now on. Similarly, Eletrobras and its subsidiaries estimate that more than 2,500 electricians will be laid off by mid-2023. Just in Eletronorte, about 600 workers were forced to undergo a VPD (Voluntary Dismissal Program) widely promoted by labor unions. Economists and politicians scrutinized the large number of layoffs recorded at the end of December, particularly in the first half of January.

Major Companies Announce Massive Layoffs at the Start of 2023, Sparkling Concerns About the Brazilian Economy

Mass Layoffs Are Being Seen In These Early Days Of 2023 And Require Quick Solutions To Contain Job Losses In Brazil.

40 Billion Reais In Debt And The Result: Mass Layoffs

Riachuelo Joins The List Of Companies That Laid Off Workers In 2023

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Major Companies Announce Massive Layoffs at the Start of 2023, Sparkling Concerns About the Brazilian Economy

Mass Layoffs Are Being Seen In These Early Days Of 2023 And Require Quick Solutions To Contain Job Losses In Brazil.

40 Billion Reais In Debt And The Result: Mass Layoffs

Riachuelo Joins The List Of Companies That Laid Off Workers In 2023

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

Workers were opening a new road connection near the Marginal Tietê when they found, in the underground of the construction site, remnants of locomotives, wagons, and boilers from the 19th century linked to the forgotten history of Lapa.

Instead of burning or burying old tires, an American city is transforming about 2,000 of them into the street itself, paving its first sections with a quieter and more durable rubber asphalt.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

Greek island offers free housing for volunteers, but there’s a condition: you need to take care of rescued cats.

Engineers want to carve through Africa with a giant canal to bring water from the world’s second-largest river to a dying lake on the edge of the Sahara Desert that has already lost 90% of its water.

China has deployed snake-shaped robots to slide along power lines, where they have already inspected over 130 kilometers of cables using cameras and sensors to detect damaged wires, worn-out parts, and overheating.

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An empty spacesuit was launched from the ISS and became a “ghost astronaut” in orbit: the SuitSat floated alone around the Earth transmitting radio signals before burning up in the atmosphere.

Levi’s sees FIFA cover its logo at the 2026 World Cup, joins in the fun without losing style, and turns a white cloth into marketing that goes viral on social media.

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