Wave of layoffs at startups in Brazil as sign of healthy consolidation after frenetic growth

Despite the drop in investment and increase in layoffs, the Brazilian Association of Startups stresses that the sector continues to grow, albeit at a slower pace than in previous years.

Brazil, the undisputed center for startups in Latin America, is experiencing a wave of layoffs in its high-tech universe in the face of global uncertainty and increasingly restrictive monetary policies.

The South American country, which has the most "unicorns" in the region . . .

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