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."

More on this topic

Proposal to Ban the Dismissal of Workers

March 2020

After a home quarantine was decreed in El Salvador, the government intends to prohibit the dismissal of employees who do not attend work.

In the context of the crisis generated by the spread of covid-19, a proposal is being discussed that establishes that the employees of companies that are not allowed to continue their activities should be sent home with their salaries and benefits, and that they cannot be subject to dismissal, salary discounts or suspension of contract, nor be forced to take their vacation in advance.

Costa Rica: Symptoms of Economic Slow Down

March 2015

Due to a reduction in the volume of cargo handled, the international land transport company GASH has reduced its staff by 65 workers.

The company founded on Costa Rican capital argues that the volume of cargo handled has reduced in the last three months. GASH Transport International SA has been operating in the market for land transport at national and regional level for 60 years, and also has a terminal in Nicaragua.

Honduran Maquilas Announce Layoffs

September 2011

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

The industry is feeling the impact of the economic recession with a decline in orders from its main market, the U.S., said the president of the Honduran Maquila Association, Daniel Facussé.

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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