Sunday 3 July 2022

ICE Began Lay Off Of 220 Cable Vision Employees

Paying the bills

Latest

Gasoline prices drop this Sunday

QCOSTARICA - The decrease of ¢43 in the liter...

San Jose vehicular restrictions suspended for mid-year vacations

QCOSTARICA - It's vacation time. Mid-year school break vacation...

Police will care for houses of people who moved to shelters due to the tropical storm

QCOSTARICA - The Ministerio de Seguridad Publica (MSP) assured...

Tropical Storm Bonnie makes landfall near Nicaragua – Costa Rica Border

QCOSTARICA - According to the United States National Hurricane...

Tropical Storm Bonnie: latest events that are perceived in Costa Rica

QCOSTARICA - Though Tropical Storm Bonnie is not expected...

12 cantons in Costa Rica on red alert for possible direct impact by Bonnie

QCOSTARICA - The northern part of Costa Rica is...

Vehicle inspection extension will be for July, August, September or October, Says MOPT

QCOSTARICA - President Rodrigo Chaves Robles and the Minister...

Dollar Exchange

¢686.24 Buy

¢693.95 Sell

02 July 2022 - At The Banks - BCCR

Paying the bills

Share

The state power and telecom, the Instituto Costarricense de Electricidad (ICE), began today (Tuesday) the lay off of 220 employees of its subsidiary, Cable Vision de Costa Rica S.A.

The dismissal will cover the entire staff of the subsidiary that it took over completely last December, as confirmed by Jaime Palermo, ICE corporate manager.

According to the official, the severance notice was sent to 220 people this morning. The 30-day notice will also serve parent ICE to analyze how many of the staff it could assume.

- Advertisement -

Palermo also confirmed the disappearance of the Cable Vision brand, henceforth, all services will be only under the Kolbi brand.

“It is a process in which ICE made a gamble to support the issue of fixed telephony and fixed data. From the point of view of the business, it did not obtain the expected results and the Board of Directors made the decision to absorb the company,” added the ICE manager.

The lay off was not a surprise for the workers, Palermo said he personally notified the worker’s union on May 30.

According to Palermo, ICE tried to save the company, throwing Cable Vision a lifeline of ¢23 billion colones between 2014 and 2017, after the purchase in 2013 for US$12.3 million dollars.

- Advertisement -
Paying the bills

Related Articles

Which cable company offers the best quality of residential Internet?

QCOSTATICA - According to the Sutel, Tigo, Cabletica, ICE, and Telecable...

Costa Rica’s Telecable offers clients double speed at no extra cost

Costa Rica's Telecable has gotten into the spirit of Christmas giving...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.