AXIA Energia layoffs, on the record

Headcount, as reported

Job cuts, severance and restructuring

1. Our summaryLaunched a new voluntary dismissal plan (VDP 2023), extended to all group companies, with an expected 1,573 employees opting in. June 20, 2023

   Word for word“Additionally, on June 20, 2023, we launched a new voluntary dismissal plan ("VDP 2023"), the second since our Privatization in June 2022.” 20-F for 2023

2. Our summaryA Superior Labor Court decision suspended all dismissals for employees who opted into VDP 2023. September 4, 2023

   Word for word“On September 4, 2023, a judicial decision was issued by the Superior Labor Court ordering a suspension of all dismissals for those employees who opted-in to VDP 2023.” 20-F for 2023

3. Our summaryReported the status of the voluntary dismissal plans: 4,066 opt-ins approved and 2,810 employees left by end of 2023, with estimated overall cost and savings for VDP 2022 and VDP 2023.

   Word for word“The estimated overall cost of the VDP 2022 and the VDP 2023 is approximately R$1.7 billion, with estimated savings of R$155.0 million per month after the completion of the programs, or R$1.8 billion over 12 months.” 20-F for 2023

4. Our summaryRecognized an expense for the voluntary redundancy plan (PDV 2023) reflecting the adherence of 1,573 employees. Financial year ended December 2023 · Affected: 1,573 employees

   Word for word“In the financial year ended December 2023, the Company recognized an expense for the amount of R$ 544,749 , representing the adherence of 1,573 employees to the voluntary redundancy plan.” 20-F for 2023

5. Our summaryReported that a total reduction in employees split between administrative and operational departments.

   Word for word“Of total reduction in our number of employees, 53.3% worked in the administrative department and 46.7 % in the operational segment.” 20-F for 2023

6. Our summaryHeadcount of salaried employees fell by 7.42% from 2023 to 2024, a reduction the filing reports in its employee section. As of December 31, 2024

   Word for word“As of December 31, 2024, we had a total of 7,710 salaried employees compared to 8,328 salaried employees as of December 31, 2023, representing a reduction of 7.42%, and 9,670 salaried employees as of December 31, 2022.” 20-F for 2024

7. Our summaryThe company's balance sheet shows a Voluntary Dismissal Program (PDV) provision in payroll that was fully reduced to zero by December 31, 2024.

   Word for word“26.2 – Payroll ​ ​ ​ ​ ​ ​ ​ 12/31/2024 12/31/2023 Current ​ ​ Vacation allowance 282,101 221,194 PDV - Voluntary Dismissal Program — 280,246 Payroll 259,754 223,348 Vacation Charges 80,393 118,124 Provision end-of-year bonus 7,408 5,189 Profit or income sharing ​ 230,500 ​ 679,933 Charges on end-of-year bonus ​ — ​ 15,981 Social security contribution ​ 48,052 ​ 17,313 Others ​ 50,572 ​ 73,605 ​ ​ 958,780 ​ 1,634,933 ​ 26.3 - Benefits in the long term – Share Based Remuneration ​ The Company has a Share Purchase Options Based Remuneration Plan (Share Options Purchase Plan) and Restricted Shares Based Remuneration Plan (Restricted Shares Plan).” 20-F for 2024

AXIA Energia has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.

Read from AXIA Energia’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-04-24. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.