{"id":975,"date":"2016-01-28T11:39:27","date_gmt":"2016-01-28T13:39:27","guid":{"rendered":"https:\/\/migr-pplaparticipations.mz-sites.com\/ppla-news\/comunicado-ao-mercado-reducao-na-estrutura-de-custo\/"},"modified":"2022-04-12T12:03:56","modified_gmt":"2022-04-12T15:03:56","slug":"notice-to-the-market-cost-reduction","status":"publish","type":"ppla-news","link":"https:\/\/ri.pplaparticipations.com\/en\/ppla-news\/notice-to-the-market-cost-reduction\/","title":{"rendered":"Notice to the Market – Cost Reduction"},"content":{"rendered":"

Notice to the Market – Cost Reduction<\/h2>\n

S\u00e3o Paulo, January 28, 2016\u00a0<\/strong>– Banco BTG Pactual (“Banco BTG Pactual”) and BTG PACTUAL PARTICIPATIONS, LTD. (“BTG Participations” and, jointly with Banco BTG Pactual, “BTG Pactual”) hereby announce a cost reduction program, targeting a 25% decrease in total costs. As part of this program, BTG Pactual dismissed today 305 employees of a total of 1,653 in Brazil. BTG Pactual also clarifies that none of its business lines has or will be discontinued, and that it will continue serving clients with the same dedication, excellence and quality of service.<\/p>\n

To access the PDF version\u00a0click here<\/a>.<\/p>\n

Investor Relations Department<\/strong>
\nEmail:\u00a0ri@btgpactual.com<\/a>
\nPhone: +55 (11) 3383-2000
\nFax: +55 (11) 3383-2001<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-975","ppla-news","type-ppla-news","status-publish","hentry"],"yoast_head":"\nNotice to the Market - Cost Reduction - PPLA Participations<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ri.pplaparticipations.com\/en\/ppla-news\/notice-to-the-market-cost-reduction\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Notice to the Market - Cost Reduction - PPLA Participations\" \/>\n<meta property=\"og:description\" content=\"Notice to the Market – Cost Reduction S\u00e3o Paulo, January 28, 2016\u00a0– Banco BTG Pactual (“Banco BTG Pactual”) and BTG PACTUAL PARTICIPATIONS, LTD. 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