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HomeStartup LayoffsAugust 2022 › MadeiraMadeira

MadeiraMadeira lays off 60 employees — August 9, 2022

MadeiraMadeira, a retail company based in Brazil, laid off 60 employees on August 9, 2022. At the time, the company was at the Series E stage. The layoff was reported by this source.

Company
MadeiraMadeira
Employees laid off
60
Date
August 9, 2022
Industry
Retail
Country
Brazil
Company stage
Series E
Total raised (pre-layoff)
$338M

Source: https://www.estadao.com.br/link/inovacao/unicornio-madeiramadeira-demite-60-pessoas-em-busca-de-ganho-de-eficiencia/

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