SAO PAULO (Reuters) – Retail group Americanas has made about 400 layoffs in the country in the last two months in a phased manner, according to layoffsbrasil.com, a website for the relocation of technology professionals.
Consulted by Reuters, Americanas stated in a statement that “as one of the largest employers in the country and with more than 43,000 employees in all regions, staff adjustments and suitability of professional profiles ensure efficiency and a long-term strategy in its business” .
Americanas is the controller of e-commerce sites and fintech Ame, in addition to having an extensive network of physical stores across the country.
The news comes at a time when high-growth, technology-based companies have announced layoffs and redrafted growth plans in the country, given the recent scenario of higher interest rates and high inflation.
Earlier on Tuesday, payments fintech Ebanx announced the layoff of about 20% of its employees, or about 340 people, citing the “macroeconomic environment”.
Americanas reported in May that it had a loss of 238.2 million in the first quarter, even with an increase in sales, amid a sharp deterioration in the financial result, with the effect of higher interest on the cost of debt.
(By Aluisio Alves)