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Stone lays off 1,300 employees — May 12, 2020

Stone, a finance company based in Brazil, laid off 1,300 employees on May 12, 2020. At the time, the company was at the Post-IPO stage. The layoff was reported by this source.

Company
Stone
Employees laid off
1,300
Date
May 12, 2020
Industry
Finance
Country
Brazil
Company stage
Post-IPO

Source: https://www.reuters.com/article/us-stoneco-layoff/brazilian-card-processor-stoneco-lays-off-20-of-workforce-1300-employees-idUSKBN22O31N

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More Stone layoffs

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See all layoffs from May 2020 or the full startup layoffs tracker.