One-Third of Latin American Startups Reportedly Mulling Mass Layoffs
Seed and angel technology companies had valuations 3% above fourth quarter 2021 levels in 2022. - Nick Paleologos
Technology

One-Third of Latin American Startups Reportedly Mulling Mass Layoffs

A LAVCA study shows the strategies of founders to face the challenges of tightening venture capital funding

Operational efficiency has become the keyword for startup founders in Latin America as, faced with greater difficulty in obtaining financing in the venture capital market, companies are opting for internal restructuring, building leaner teams, renegotiating contracts with suppliers and reducing sales and marketing expenses.

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