No menu items!

Brazilian Unicorn Loft cuts 12% of staff in third wave of layoffs of the year

By Isabela Fleischmann

Loft, one of the most valuable startups in Latin America, cut 12% of its then staff of 2,600 employees this Wednesday (7), in a decision that it attributed to the integration with acquired companies and that resulted in the restructuring of the operation. That is, it cut 312 positions and was left with 2,288.

It is the third wave of cuts this year by Loft, which started 2022 with . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?

Check out our other content