A wave of layoffs has sharply hit startups and corporations across the U.S.
According to Crunchbase, over “58,000 workers in U.S.-based tech companies have been laid off in mass job cuts” as of January 27, 2023.
With the global economic downturn and signs of recession, layoffs stretched well beyond the U.S.
In Brazil, tech companies have slashed 5,6 thousand jobs up to the end of January, 2023.
For startups, the scenario is even tougher as both valuations and funding have substantially declined.
In face of these challenges, What can Brazilian Founders and CEOs expect for 2023?