Sadesa announces further cuts amid ongoing crisis
10/03/2026
Confirming plans for 100 additional layoffs and 200 worker suspensions as demand for automotive and footwear leather continues to contract in the local market, these measures extend a prolonged period of downsizing that has seen the company’s Argentine workforce fall from around 2,000 employees to roughly 400 since entering Preventive Crisis Proceedings in 2025.
According to local reports, ongoing market weakness and broader economic pressures are driving the group to intensify its restructuring efforts as it reassesses the sustainability of domestic production.