Fabiano Silva

Fabiano Silva

politician Brazil

Fabiano Silva recently made headlines by resigning as the president of Correios, Brazil's national postal service, amid intense pressure from the government due to the company's significant financial losses, amounting to R$ 2.6 billion in 2024. His decision to step down was influenced by internal disputes within the ruling Workers' Party and the Casa Civil's push for austerity measures, including potential layoffs of 10,000 employees. Silva's resignation reflects the challenges faced by state-owned enterprises in maintaining financial stability while navigating political pressures.

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