Loggi Layoffs
February 2023
Loggi announced a layoff affecting 300 employees (7% of its workforce) in February 2023. The company operates in the Logistics sector.
300
7%
Feb 6, 2023
About
Loggi, a Brazilian logistics unicorn startup, has conducted its second round of mass layoffs in about six months, announcing on February 6, 2023, that it is cutting 7% of its workforce. With an estimated 3,500 employees, this reduction affects approximately 300 people. The company stated the move is part of efforts to enhance operational efficiency and focus on strategic initiatives for business sustainability. This follows a previous layoff in August 2022, when 15% of staff were let go. Despite these cuts, Loggi reported growth of over 50% between 2021 and 2022, highlighting its continued expansion in the logistics sector.
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