Spending cuts, slowdown push retailers to lay off workers in Brazil
Large retail groups reduced headcount starting in Q2, citing high interest rates, restructuring 10/03/2025 Large retail groups reported layoffs in the second quarter—or “corporate restructurings,” according to discreet mentions in earnings releases—and the headcount reductions extended into the third quarter at market leaders. Cuts in operating expenses to dilute costs, weaker sales—which […]
