Copasa (CSMG3): 736 employees join the POS; how much will the company spend on indemnities?

According to Copasa, the shutdowns are scheduled to take place within six months, starting in July 2023 (Image: Copasa/YouTube)

The state-owned company sanitation of Minas Gerais Copasa (CSMG3) informed this Tuesday (6) that its voluntary redundancy program (PDV) had 736 accessions.

The company also estimates that indemnities will total R$ 115.1 million. The amount will be fully accounted for in the second quarter of 2023, he said in a statement.

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According to Copasa, the shutdowns are scheduled to take place within six months, starting in July 2023.

In April, Copasa told Reuters that it expected 12% of its total staff to adhere to the PDV. Regulatory documents show that, at the end of 2022, the company had more than 10,000 employees.

*With information from Reuters

Source: Moneytimes

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