The crisis facing one of Brazil’s largest retail brands raises alarm about the risks of this happening Resignation With more than 44 thousand employees. the The Americans Today it has more than R$40 billion in debt and there are a lot of debts due to be settled.
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The company’s situation leaves many families in a bind. Of the total number of employees, 85% are permanent and 15% are temporary. The announcement of the billionaire’s debts fueled rumors of the closure of Americana in Brazil.
Americana’s debt threatens mass layoffs
Faced with the scenario of many doubts, according to Ricardo Patah, president of the Confederation of Commercial Workers of the City of São Paulo, a protocol was opened with a request for a meeting with representatives of Americana. The goal is to learn the next steps in facing billionaire debt and to understand the risks employees are exposed to.
According to the president of the union, the company has friendly relations with the representatives of the class. There is no complaint, for example, about non-payment or non-compliance with collective agreements.
According to the head of the union, the request for the meeting is to put an end to the rumors and find out the company’s position. “We are afraid that the Americans, who have always done their duties, have a gap of this magnitude,” Patah said in an interview with UOL.
Will the employees go without pay?
If the company has to close down the activities, the law protects the employees, who are the first to receive the amounts owed, before the suppliers and anyone else on the list.
Despite confirming the good relationship with the union, the Metropole website published that there are about 7,000 lawsuits pending in court against the company. Debts with former employees exceeded R$ 3 billion.
UOL Gateway contacted Americanas through the company’s press office, but received no response regarding questions about the number employees and the risk of potential mass layoffs.
Informative: UOL
Charlotte Whitmore is a contributor at Mediarunsearch.co.uk, covering a broad range of topics including news, politics, business, technology, sport, entertainment, and lifestyle. She focuses on delivering clear, balanced reporting and practical information that helps readers stay informed about current events and emerging developments. Her work highlights stories that matter to everyday audiences, with an emphasis on accuracy, relevance, and accessible journalism that keeps readers connected to the issues shaping the UK and beyond.