foresaw a revenue decrease since the outbreak. Another 52 percent of respondents admitted having renegotiated contracts with suppliers due to the economic crisis spawned by the novel coronavirus, while 25 percent had fired employees or reduced their working hours.
According to a survey on the impact of the COVID-19 pandemic on the Brazilian startup ecosystem, 60 percent of the startup executives surveyed said that their company had reduced office costs as of April 2020. Around 59 percent of the startup founders or directors who participated in the study Impact of the COVID-19 pandemic on startup companies in Brazil as of April 2020
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Other statistics that may interest you Startups in Brazil
Overview
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Startup market
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Entrepreneurship
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Startupi, & Whow!. (May 12, 2020). Impact of the COVID-19 pandemic on startup companies in Brazil as of April 2020 [Graph]. In Statista. Retrieved December 10, 2023, from https://www.statista.com/statistics/1173192/coronavirus-impact-startups-brazil/
Startupi, und Whow!. "Impact of the COVID-19 pandemic on startup companies in Brazil as of April 2020." Chart. May 12, 2020. Statista. Accessed December 10, 2023. https://www.statista.com/statistics/1173192/coronavirus-impact-startups-brazil/
Startupi, Whow!. (2020). Impact of the COVID-19 pandemic on startup companies in Brazil as of April 2020. Statista. Statista Inc.. Accessed: December 10, 2023. https://www.statista.com/statistics/1173192/coronavirus-impact-startups-brazil/
Startupi, and Whow!. "Impact of The Covid-19 Pandemic on Startup Companies in Brazil as of April 2020." Statista, Statista Inc., 12 May 2020, https://www.statista.com/statistics/1173192/coronavirus-impact-startups-brazil/
Startupi & Whow!, Impact of the COVID-19 pandemic on startup companies in Brazil as of April 2020 Statista, https://www.statista.com/statistics/1173192/coronavirus-impact-startups-brazil/ (last visited December 10, 2023)
Impact of the COVID-19 pandemic on startup companies in Brazil as of April 2020 [Graph], Startupi, & Whow!, May 12, 2020. [Online]. Available: https://www.statista.com/statistics/1173192/coronavirus-impact-startups-brazil/