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Home/Cities/Sao Paulo
BR
Brazil
Fintech hub

Sao Paulo layoffs, tracked in full.

Sao Paulo has seen 10K job cuts across 69 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
10K
people laid off since Jan 2020
Companies tracked
50
active + historical
Rounds
69
total events
Top industry
Fintech
45% of cuts
Global city rank
#15
by total headcount
Total since 2020
All time
10K
Across 69 roundsRank #15
Last 12 months
Recent
400
↓ 96% YoY
Companies tracked
Breadth
50
across 8 industriesFintech leads
Global city rank
vs cities
#15
1.1% of global totalof 199 cities
By industry · Sao Paulo· Since 2020

Which industries cut deepest.

Fintech
25 ROUNDS
45% of Sao Paulo cuts
3,799
PEOPLE
PropTech
8 ROUNDS
18%
1,537
PEOPLE
Logistics & Supply Chain
2 ROUNDS
9%
800
PEOPLE
E-commerce
5 ROUNDS
7%
610
PEOPLE
Travel & Hospitality
1 ROUNDS
6%
500
PEOPLE
Fitness
1 ROUNDS
6%
467
PEOPLE
Food & Beverage
3 ROUNDS
4%
370
PEOPLE
Food Delivery
1 ROUNDS
4%
355
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 ↗
Moderate
G
Gupy
Gupy Layoffs — 2023-08-02
Sao Paulo ·
58
com.br ↗
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 ↗
Severe
Q
Quanto
Quanto Layoffs — 2023-05-16
Sao Paulo ·
—
linkedin.com ↗
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 ↗
Continue reading

Other cities tracked.

View all →
United States
SF Bay Area layoffs
675 companies tracked since 2020.
675 COMPANIES · 301K CUT →
United States
Seattle layoffs
90 companies tracked since 2020.
90 COMPANIES · 119K CUT →
United States
Austin layoffs
53 companies tracked since 2020.
53 COMPANIES · 46K CUT →
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