That is, by the end of this year.
(This is Rio Grande do Sul, Porto Alegre -- not São Paulo.)
I won't be surprise if they close the entire R&D in Brazil. It s---s anyway.
Thinking they can be in this layoff list, employees are unable to focus on working -- which is expected IMO.
That's actually funny because after the announcement, the speaker mentioned something like:
- Now we need you to be focused, more than ever...
Oh, c'mon... Who could focus under these conditions? It would be better if they layoff right away I guess. I don't know... Whatever.
Source: I work there.