Loggi dismisses 7% of employees – 02/06/2023 – Market

The logistics startup Loggi announced this Monday (6) the dismissal of about 7% of its staff. The cut comes just six months after another 15% were fired to “adapt the company to the new global scenario”.

In a note, the company says that the action seeks to increase operational efficiency and results from the careful assessment of priorities. Loggi did not inform the absolute number of layoffs or the affected areas.

According to the Layoffs Brasil website, which records the number of layoffs in startups, there were 250 layoffs this Monday. Former employees confirm the number.

The startup said that the dismissed employees will be covered by a benefits package that includes cost help for hiring a health plan for the holder and dependents, psychological assistance and support in the process of professional replacement.

Loggi also said that, in 2022, it gained market share and grew about 50% compared to 2021.

In August 2022, the company laid off around 15% of employees. Thibaud Lecuyer, then CFO, replaced Fabien Mendez, one of the co-founders, as president.

The company said in a statement at the time that “the reduction of its staff is part of a set of actions to increase operational efficiency taken in the last six months to adapt the company to the new global scenario and guarantee the sustainability of the business”.

Considering the two cuts, Loggi has laid off around 750 employees in the last six months.

A Sheet accounted for more than 1,300 layoffs in startups this year alone, without considering Loggi’s shutdowns this Monday (6). In November, real estate startup Loft announced a 12% cut of its 2,600 employees.