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Casas Bahia offers R$100M+ settlement for layoffs
Published 1 d ago1 sourceEvidence: Reported
Valor EconômicoLow-rated sourceBR
Brazilian retailer Casas Bahia reached a labor court-approved agreement to pay R$7,500 to each worker dismissed in August, negotiated by the CNTC. The settlement resolves collective dismissal claims but leaves financial impact on the company uncertain. This follows Casas Bahia's ongoing restructuring amid retail sector pressures.
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