Latest news and stories about layoffs in Portugal for expats and residents.
Telecommunications operator Meo has secured an additional 250 million euros in funding. The company justified the move by citing insufficient cash flow to cover debt interest and lower productivity compared to market competitors, despite simultaneously planning a 30% reduction in its workforce.
The Danish multinational footwear company has laid off all 632 workers at its factory in Portugal, who now face an uncertain future.
Uber is set to move forward with a mass layoff plan within its Portuguese operations.
The Mayor of Santa Maria da Feira has committed to helping the 632 people who worked at the Ecco footwear factory find new jobs in local companies. The commitment was made by Amadeu Albergaria during a meeting with representatives of the São João da Madeira Footwear Union, five days after...
The 'unicorn' Sword Health has laid off dozens of employees in September and October, citing a shift towards Artificial Intelligence as the primary reason. Former staff members, caught off guard by the decision, report widespread turnover, the termination of trainee contracts, and unexplained demotions. While the company stated that its global headcount has increased from 1,200 to 1,600 over the past year and continues to hire, former employees and social media reports describe a pattern of unfair restructuring and potential job volatility.
The industrial facility of the Danish footwear brand ECCO located in Santa Maria da Feira is set to close, resulting in the redundancy of 632 employees. The decision to initiate the legal procedure for the total and definitive closure of its operations was announced to workers this Monday, following a global restructuring programme by the group.
The Portuguese factory of the multinational footwear company Ecco, operating in Santa Maria da Feira, will close permanently, workers revealed this Monday upon leaving the facilities.
OpenAI wants to make ChatGPT more neutral, objective, and honest, promising an end to 'sycophancy'. Also, news on layoffs at the Portuguese company Critical Software. And which is the best AI assistant on the market?
Critical Software is expected to finish 2026 with approximately 1300 employees, 200 fewer than at the start of the year, due to the impact of artificial intelligence. The technology is replacing programming and testing tasks, leading the Portuguese company to reorganise its teams. The CEO, João Carreira, admits that he cannot rule out further staff cuts in the future.
Microsoft is launching a voluntary redundancy program to leverage efficiency gains from the use of artificial intelligence (AI). According to CNBC, approximately 60,000 employees are eligible out of a global workforce of roughly 223,000, representing over one in four staff (27%). This follows previous initiatives, including a similar program in April and planned layoffs of 4,800 workers in July. Meanwhile, Microsoft is increasing investments in data centres to build capacity for AI-related services as it looks to cut costs and streamline operations. Eligible employees must submit their decision by early December, with their departure set for December 31. The company will report its third-quarter earnings on Wednesday, October 28.
In an effort to curb costs and adapt to the AI era, the tech company is promoting a voluntary redundancy programme aimed at over 25% of its total workforce.
The measure comes after previous early retirement programs and layoffs, at a time when the tech company is preparing significant investments in artificial intelligence infrastructure.
The software company for sports betting and online casinos announced the layoffs via email. Quality and Product are the most affected departments. There are also cuts in Malta, Romania, and the United Kingdom.
The technology group Ion, which aggregates financial data and owns the digital M&A platforms Mergermarket and Dealogic, has been conducting layoffs and has cut more than a fifth of its workforce, the Financial Times reported this Thursday (paid access). Earlier this year, Ion's management received orders...
The Cascais Miragem Hotel has already announced the dismissal of a total of 177 workers, said the Union of Workers in the Hospitality, Tourism, Restaurant and Similar Industries of the South this Wednesday, which urged those affected to challenge the process. “What was announced in recent weeks as an intention by the Cascais Miragem Hotel Administration...”
The Cascais Miragem hotel has initiated redundancy procedures, prompting the union to advise employees to contest the dismissals.
Daimler is set to close its Lisbon technology centre, which was established in the country in 2018. The decision affects one hundred employees.
Daimler Truck will close its technology centre in Lisbon, known as tb.lx, effective March 31, 2027. Approximately 100 employees will be affected. They will receive support during the transition period, including severance packages. The company stated it has decided to place an even greater focus on Daimler's IT strategy.
The company guarantees it wants to be “simpler and more agile”
The Chinese management of the Teka Portugal factory has decided to cease the production of microwaves, resulting in the redundancy of 36 employees.
Giants such as Microsoft, Nokia, Dell, Oracle, and Amazon were among those that recorded the largest cuts during the period analysed.
The 25% reduction in production capacity by the German car manufacturer Volkswagen will affect the automotive components sector in Portugal. Although it is not yet possible to anticipate the scale of this impact, the president of AFIA, the association representing the sector, acknowledges the situation of the multinational, which owns Autoeuropa in...
BYD says the announcement of 100,000 layoffs at Volkswagen is a symptom that something is wrong in the sector on a European scale
Oracle reduced its workforce by approximately 21,000 people during the last fiscal year, a period in which it invested in the implementation and adoption of artificial intelligence (AI), warning that this process may continue. “The adoption and implementation of AI technologies across our business have resulted in, and may continue to result in...
Nestlé is set to cut 88 jobs in Portugal, a figure representing approximately 3% of its more than 3,000 employees in the country, as revealed by the company to RTP/Antena 1. The decision comes as part of what the food multinational describes as an “organisational review,” following an announcement made earlier this year.
The food company informed RTP Antena 1 that it notified employees two months ago that it would proceed with the redundancy process in the country by 2027, following the global layoffs announced last year.
The news was confirmed by the company to RTP, without specifying the number of employees to be dismissed. Critical Software reveals in a statement that it is undergoing a period of restructuring imposed on the entire technology sector, due to profound changes in the business model associated with new tools.
The Pakistani leader states that the final text of the peace agreement between Washington and Tehran has been reached. Additionally, MEO aims to reach an agreement for the departure of 1,200 workers by the end of the year.
