Neon Layoffs

Industry Finance · Location Sao Paulo · Brazil · Subscribe (RSS)

Layoff rounds

460

Employees laid off

Series B

Funding stage

$120M

Total raised

Neon has 3 publicly reported layoff rounds on record between April 13, 2020 and October 10, 2023. A total of about 460 employees were affected across these rounds.

Layoff history

October 10, 2023

Neon cut 180 employees

180 laid off Location Sao Paulo

Neon disclosed a workforce reduction affecting its Sao Paulo operations in October 10, 2023. Approximately 180 roles were eliminated.

Source: valorinveste.globo.com

February 15, 2023

Neon cut 210 employees (9% of staff)

210 laid off 9% of workforce Location Sao Paulo

Neon disclosed a workforce reduction affecting its Sao Paulo operations in February 15, 2023. Approximately 210 roles were eliminated.

Source: seudinheiro.com

April 13, 2020

Neon cut 70 employees (10% of staff)

70 laid off 10% of workforce Location Sao Paulo

Neon disclosed a workforce reduction affecting its Sao Paulo operations in April 13, 2020. Approximately 70 roles were eliminated.

Source: link.estadao.com.br

Data for Neon is compiled from public WARN Act filings and reporting linked above. See our methodology.