Scotiabank Cuts 200 Jobs in Costa Rica
The bank announced that the measure is necessary in order to lower costs in the face of the difficult economic situation.
Friday, February 27, 2009
The institution bought Interfin Bank two years ago and, with it, a great number of branches, some of them less than two kilometers away from one another.
According to the latest report from the International Labour Organisation (ILO) less jobs will be created in 2009 due to the economic crisis.
Florida Beverage laid off 136 people, Wal-Mart 60 people and Scotiabank 10% of its payroll, as measures to face the economic crisis.
The Mexican appliance company, Mabe, that bought out the Costa Rican company, Atlas appliances, last February, cut back on employment in the country.
Trade unionists who promote it, the officials who estimate it, the rulers who decree it, are not part of the legion of unemployed who surely would work for less than the official minimum wage.
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