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Home/Cities/Sao Paulo
BR
Brazil
Fintech hub

Sao Paulo layoffs, tracked in full.

Sao Paulo has seen 9K job cuts across 38 tracked rounds since January 2020 — roughly 1.1% of all layoffs in our global dataset. The last 12 months alone saw 400 layoffs.

Last updated
City snapshot
9K
people laid off since Jan 2020
Companies tracked
21
active + historical
Rounds
38
total events
Top industry
Fintech
42% of cuts
Global city rank
#14
by total headcount
Total since 2020
All time
9K
Across 38 roundsRank #14
Last 12 months
Recent
400
↓ 95% YoY
Companies tracked
Breadth
21
across 8 industriesFintech leads
Global city rank
vs cities
#14
1.1% of global totalof 137 cities
By industry · Sao Paulo· Since 2020

Which industries cut deepest.

Fintech
10 ROUNDS
42% of Sao Paulo cuts
3,216
PEOPLE
PropTech
8 ROUNDS
20%
1,537
PEOPLE
Logistics & Supply Chain
2 ROUNDS
10%
800
PEOPLE
Travel & Hospitality
1 ROUNDS
7%
500
PEOPLE
Fitness
1 ROUNDS
6%
467
PEOPLE
E-commerce
2 ROUNDS
6%
460
PEOPLE
Food Delivery
1 ROUNDS
5%
355
PEOPLE
Consumer Apps
1 ROUNDS
4%
300
PEOPLE
Top companies · Sao Paulo

Where the cuts landed.

Top companies
#01
Stone
FINTECH · 2 ROUNDS
1,700
#02
Loft
PROPTECH · 6 ROUNDS
1,289
#03
Loggi
LOGISTICS & SUPPLY CHAIN · 2 ROUNDS
800
#04
PagBank
FINTECH · 1 ROUNDS
500
#05
OYO
TRAVEL & HOSPITALITY · 1 ROUNDS
500
#06
Gympass
FITNESS · 1 ROUNDS
467
#07
Neon
FINTECH · 3 ROUNDS
460
Recent events · Sao Paulo· Latest

The latest Sao Paulo layoffs.

View all events →
Severity
Event
Location · When
Headcount
Source
Moderate
S
Stone
Stone Layoffs — 2026-03-13
Sao Paulo ·
400
com.br ↗
Low
N
Neon
Neon Layoffs — 2023-10-10
Sao Paulo ·
180
globo.com ↗
Severe
T
Trybe
Trybe Layoffs — 2023-06-09
Sao Paulo ·
128
com.br ↗
Moderate
N
Nubank
Nubank Layoffs — 2023-06-07
Sao Paulo ·
296
brazilian.report ↗
Low
N
Nubank
Nubank Layoffs — 2023-03-15
Sao Paulo ·
30
brazilian.report ↗
High
L
Loft
Loft Layoffs — 2023-03-03
Sao Paulo ·
340
com.br ↗
Moderate
I
iFood
iFood Layoffs — 2023-03-01
Sao Paulo ·
355
com.br ↗
Moderate
N
Neon
Neon Layoffs — 2023-02-15
Sao Paulo ·
210
seudinheiro.com ↗
Continue reading

Other cities tracked.

View all →
United States
SF Bay Area layoffs
204 companies tracked since 2020.
204 COMPANIES · 286K CUT →
United States
Seattle layoffs
22 companies tracked since 2020.
22 COMPANIES · 101K CUT →
United States
Austin layoffs
11 companies tracked since 2020.
11 COMPANIES · 45K CUT →
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