TravelBR

MaxMilhas Layoffs

September 2023

MaxMilhas announced a layoff affecting 82 employees (18% of its workforce) in September 2023. The company operates in the Travel sector.

People Affected

Percentage

18%

Announced Date

Sep 5, 2023

About

MaxMilhas, part of the 123 Milhas group, has laid off 82 employees, representing 18% of its workforce. The layoffs occurred on Monday, September 4, 2023, following the non-renewal of some probationary contracts the previous Friday. The company cited market challenges and the need to discontinue medium and long-term projects as reasons for the cuts. This cost-containment measure follows a crisis at its sister company, 123 Milhas, which also underwent mass layoffs. Operating in the travel and mileage industry in Brazil, MaxMilhas merged with 123 Milhas earlier in 2023, forming one of the sector's largest players. The company stated it is offering support for the affected employees' reemployment.