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.
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 …
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