Textile Manufacturer to Suspend 3,000 Workers in El Salvador

The Fruit of the Loom textile company halted operations at one of its 7 plants, temporarily suspending 25% of its personnel.

Thursday, March 26, 2009

The chairman of the Salvadoran Chamber of Textiles and Apparel reported to La Prensa Grafica that the decline in operations is due to "Fruit of the Loom clients being overstocked with product and adjusting inventories.”

The official added that the company intends to continue in the country: "It's a suspension, not a closing. Fruit continues to be interested in remaining in El Salvador until there is an economic upturn in the US."

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Honduran Maquilas Announce Layoffs

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Layoffs in the textile industry have been announced after projections of a 10% decline in its exports.

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Guatemala: Minimum Wage Increase Would Generate Layoffs

January 2011

The Costume Commission (Vestex) argues that the wage increase will generate 18.000 layoffs in the textile industry.

This was stated by Alejandro Ceballos, Director of Vestex, reacting to the announcement of a14.88% increase in the minimum wage for the textile sector.

The businessman ensures that there are no strategies to counter the situation, which may influence foreign companies to no longer request the same amount of orders." 'President (Alvaro Colom) took a political and electoral decision which will generate unemployment and he knows it'" he told Sigloxxi.com.

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