Involves, a software company for trade marketing management from Santa Catarina, laid off around 70 professionals, equivalent to 18% of its team, which now has just over 300 employees.
The information was released by the Layoffs Brasil website, a platform that monitors layoffs in the Brazilian technology market, and confirmed by André Krummenauer, CEO and co-founder of the company, who wrote an article on LinkedIn to explain the situation.
The reason would be the cost of capital to maintain the leveraged growth strategy that Involves had been following, which would have become unsustainable in the face of the financial market. Source https://bit.ly/3yR2gAg
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