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Employment

Almost 40% plan to resign in Sao Paulo

This article was translated by an automatic translation system, and was therefore not reviewed by people.

 
 


Two in five industries of Sao Paulo want to dismiss employees in the coming months. On average, the cuts to reach 14.3% of staff. The bad news comes from an unpublished research conducted by the Federation of Industries of São Paulo State (FIESP), which heard 586 companies between 17 February and 17 March.
 
The survey, however, indicates a slowdown in the pace of layoffs. Of all companies surveyed, 47% reported that they had already released, on average, 18.7% of employees since October 2008, when the effects of global financial crisis started to increase on the country those who want to further layoffs, and representing 38% of the sample, say the cut will now be smaller, around 14%.
For the director of the Department of Research and Economic Studies of Fiesp, Paulo Francini, the worst may have passed, but the crisis continues to cause havoc in industrial activity and employment. "It's more or less like a finger pressing the pliers," compares Francini. "When you relieve the pressure a bit, the guy says wow, the worst has passed, but the pliers still shaking his finger."

The research shows that the percentage of firms that have plans to resign is higher among workers who already has extended in recent months. No less than 56% of companies say they will encourage further cuts, while only 20% of which had not fired now plan to make staff adjustments. "The wave of a crisis not affecting all companies with the same intensity to the same time," said Francini. "The extension was greater than the imagined and many companies feel the need to make a new setting, while others only start to take action now because the wave came later for them."



Source: State Agency

This article was translated by an automatic translation system, and was therefore not reviewed by people.

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