Movidesk Layoffs
April 2020
Movidesk announced a layoff affecting 33 employees (25% of its workforce) in April 2020. The company operates in the Support sector.
33
25%
Apr 20, 2020
About
Movidesk, a Blumenau-based technology scale-up providing a help desk platform, laid off 33 employees in April 2020, representing approximately 25% of its then 134-person workforce. The layoffs were a direct result of the economic crisis triggered by the COVID-19 pandemic, which caused a significant and immediate drop in new sales, contract cancellations, reductions, and increased client payment defaults. Despite rapid growth and recent venture capital funding, the company stated that payroll consumed nearly all revenue, making the staff reduction necessary after other cost-cutting measures proved insufficient.
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