ContaAzul lays off 140 employees — April 17, 2020
ContaAzul, a education company based in Brazil, laid off 140 employees on April 17, 2020. At the time, the company was at the Series D stage. The layoff was reported by this source.
Source: https://www.contxto.com/en/brazil/startups-brazil-confirm-layoffs-covid-cause/
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See all layoffs from April 2020 or the full startup layoffs tracker.