123miles: judicial reorganization brings uncertainty for stakeholders

In an interview with Diário do Comércio, Luara Rezende, head of our labor department, commented on 123 milhas’ judicial recovery plan and the impacts suffered by the agency’s workers.

With the filing of the travel agency’s petition for judicial reorganization, the consumers who were harmed and the workers who were laid off have become creditors of the business plan, which is yet to be presented by the company.

According to Luara Rezende, the company will not lose its management power, so in order to deal with the crisis it may adopt measures that will impact the workers, i.e. it is expected to cut costs by reducing the workforce, or other measures to reduce expenses, such as salary cuts.

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