From the first week of February, Correios will reopen registrations for the Voluntary Severance Plan (PDV) for state-owned employees. Participation in the program is personal and voluntary and will remain open until March 31st. The shutdowns will be completed by the end of May.
In a December statement, Correios stated that the expectation is that the PDV has the potential for up to 15 thousand employees to join between 2026 and 2027. The estimated annual savings in personnel expenses from layoffs is R$2.1 billion, with full impact from 2028.
Correios has more than 82 thousand employees and more than 10 thousand outsourced employees.
PDV 2026 is part of Phase 1 of the economic-financial Restructuring Plan for the period 2025–2027. The objective of reducing the company’s costs to guarantee the sustainability of Correios and its social relevance.
The 2025 Voluntary Dismissal Plan was signed by around 3,500 employees of the state-owned company.
POS 2026 news
In a message released to all employees, the company informed that the new Voluntary Severance Plan maintains the financial incentive practiced in the previous PDB, in 2025, and presents some new features.
PDV 2026 puts an end to maximum age restrictions (previously intended for those aged 55 and over). Now, any employee can join the plan, as long as they have been working for at least ten years. Another condition is that the employee has received remuneration for at least 36 months in the last 60 months. The interested party cannot have reached the age of 75 by the date of dismissal.
Under the PDV rules, employees and their dependents will be able to opt for the Family Health Plan, with more affordable monthly fees and regional coverage.
Financial sustainability
Finally, internal communication reinforces that the restructuring plan is necessary to rebalance the financial health of the state-owned company.
In December, Correios announced the raising of R$12 billion in credit to fund the restructuring plan actions aimed at emergency stabilization of the company.
The state-owned company projects a reduction of R$5 billion in expenses by 2028.
The restructuring plan also foresees the closure of a thousand branches considered unprofitable. In total, the company’s infrastructure across the country has more than 10,350 service units (including its own branches and other partnership service points). There are also 1,100 distribution and processing units, which are logistics centers where orders and letters are processed after posting and before final delivery.
The sale of idle properties is still planned to generate new resources and reduce maintenance costs.
Crisis
After diagnosis, Correios identified a structural deficit of more than R$4 billion annually, negative net equity of R$10.4 billion and accumulated losses of R$6.057 billion until September 2025, in addition to the sharp drop in quality and liquidity indicators. Total data for 2025 has not yet been consolidated.
