Loft Layoffs

Industry Real Estate · Location Sao Paulo · Brazil · Subscribe (RSS)

Layoff rounds

1,289

Employees laid off

Series C

Funding stage

$263M

Total raised

Loft has 6 publicly reported layoff rounds on record between March 27, 2020 and March 3, 2023. A total of about 1,289 employees were affected across these rounds.

Layoff history

March 3, 2023

Loft cut 340 employees (15% of staff)

340 laid off 15% of workforce Location Sao Paulo

Loft disclosed a workforce reduction affecting its Sao Paulo operations in March 3, 2023. Approximately 340 roles were eliminated.

Source: startups.com.br

December 7, 2022

Loft cut 312 employees (12% of staff)

312 laid off 12% of workforce Location Sao Paulo

Loft disclosed a workforce reduction affecting its Sao Paulo operations in December 7, 2022. Approximately 312 roles were eliminated.

Source: bloomberglinea.com

July 5, 2022

Loft cut 384 employees (12% of staff)

384 laid off 12% of workforce Location Sao Paulo

Loft disclosed a workforce reduction affecting its Sao Paulo operations in July 5, 2022. Approximately 384 roles were eliminated.

Source: startups.com.br

April 19, 2022

Loft cut 159 employees

159 laid off Location Sao Paulo

Loft disclosed a workforce reduction affecting its Sao Paulo operations in April 19, 2022. Approximately 159 roles were eliminated.

Source: thegoaspotlight.com

April 17, 2020

Loft cut 47 employees (10% of staff)

47 laid off 10% of workforce Location Sao Paulo

Loft disclosed a workforce reduction affecting its Sao Paulo operations in April 17, 2020. Approximately 47 roles were eliminated.

Source: link.estadao.com.br

March 27, 2020

Loft cut 47 employees

47 laid off Location Sao Paulo

Loft disclosed a workforce reduction affecting its Sao Paulo operations in March 27, 2020. Approximately 47 roles were eliminated.

Source: br.financas.yahoo.com

Data for Loft is compiled from public WARN Act filings and reporting linked above. See our methodology.