Enjoei, a Brazilian online thrift store startup, laid off 31 employees in January 2023, representing about 10% of its workforce. This mass dismissal came as the company sought to prioritize short and medium-term projects following a difficult period after its late 2020 IPO. Enjoei had seen its market value plummet dramatically throughout 2022. The layoffs primarily affected product, customer experience, and development teams. The company stated the restructuring was aligned with future challenges and projects, aiming to refocus on its core platform serving millions of buyers and sellers.
