PagBank Layoffs
Industry Finance · Location Sao Paulo · Brazil
1
Layoff round
500
Employees laid off
Post-IPO
Funding stage
—
Total raised
PagBank has 1 publicly reported layoff round on record (most recent January 16, 2023). A total of about 500 employees were affected across these rounds.
Layoff history
January 16, 2023
PagBank cut 500 employees (7% of staff)
PagBank disclosed a workforce reduction affecting its Sao Paulo operations in January 16, 2023. Approximately 500 roles were eliminated.
Source: terra.com.br
Data for PagBank is compiled from public WARN Act filings and reporting linked above. See our methodology.