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Blip initiates collective layoffs in Porto, affecting 84 employees

Blip, a software company in Porto, has started a collective layoff impacting at least 84 employees.

What happened

This move follows a reorganization announced by its parent company, Flutter Entertainment, which plans to cut around 1,400 jobs globally due to increased taxes on sports betting and online casinos.

Details and quotes

A Blip employee, speaking anonymously to Observador, mentioned that employees were given 72 hours to accept the proposed terms. The employee described the conditions as 'insufficient to live on' and noted that a counterproposal was not accepted. The layoffs were communicated via email starting Wednesday, with general meetings to discuss the situation beginning Thursday afternoon. Quality and product departments are among the most affected. The employee also noted a sense of unrest among remaining staff, with some considering leaving due to fears of future layoffs.

Global impact

The layoffs are not limited to Portugal. According to Jornal de Notícias, there will also be cuts in Malta and Romania, while the UK office is undergoing a consultation phase before any job eliminations. These changes follow months of organizational shifts, including the end of Friday afternoons dedicated to research and innovation and increasing pressure to meet 'unrealistic' deadlines.

Sources

Prepared with AI from the sources below and our own data, reviewed by the editors before publishing.