Wednesday 20 January 2021

On Average 8 People Have Been Laidoff For Each Day of 2015

desemp1QCOSTARICA – The recent layoffs by Wendy’s and Avianca, on average equals to 8 people laid off in each day of 2015. This is not taking into account the announced Coca Cola world-wide restructuring that could affect up to 180 jobs in Costa Rica.

Each of the companies has expressed different reasons. In the case of Wendy’s, the owner of the franchise operation in Costa Rica cited fierce competition led to the closure of its 10 restaurants and food court outlets in the country.

On Tuesday, the Colombian airline Avianca announced the layoff of 60 people, 29 pilots and 31 crew. The airline says it is due to changes in flight operations in Costa Rica.

- Advertisement -

In 2014, companies like Bank of America, MABE, La Nacion, Yanber, Cartex, Hotel La Condesa, Cathay, Ichiban, Hotel Europa and Casino, Bank of America and Intel, among others, were responsible for the layoff of thousands.

For many the high cost of operations in Costa Rica was reason the layoffs and in some cases for ending their operations in the country. Others, like the La Condesa and Europa hotels, the closures was mainly due to their inability to pay social services (the Caja Costarricense de Seguro Social).

Victor Morales, the Minister of Labour (Ministro de Trabajo) downplays the spate of layoffs, saying the country is working on attracting more foreign investment to generate more employment.

The minister speaking on Radio Plancha Tuesday morning, said “as we have seen layoffs by important companies, which they are not leaving the country, rather making changes in operations, also today we received information from officials of Foreign Trade (Comercio Exterior) with the expectation of creating 6.000 jobs this year, all due to foreign investment.”

- Advertisement -

The minister did not elaborate on the details.

Enrique Egloff, president of the Chamber of Industries (Camara de Industrias), says some 7.700 bojs have been lost in the last 18 months, in what he calls a “new blow to the industry.”

A survey in December by Manpower in Costa Rica revealed that 5% of employers anticipate a decrease in their payroll for the first quarter of 2015.

- Advertisement -

We strive for accuracy in its reports. But if you see something that doesn’t look right, send us an email. The Q reviews and updates its content regularly to ensure it’s accuracy.

"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

16,575 more vaccines arrived in the country to combat Covid-19

QCOSTARICA - The fifth batch of the Pfizer/Biontech vaccine arrived in...

Costa Rica scientists work on saliva tests to detect covid-19

QCOSTARICA - More than 20 researchers from Costa Rica's public universities...


100 years ago, the school year was also suspended and meetings were prohibited due to a pandemic

QCOSTARICA - It was the month of February 1920 when the first 45 people affected by the so-called Spanish flu were reported, who arrived...

“It is foreseeable that 2021 will be like an extension of 2020”: UNA epidemiologist

QCOSTARICA - Despite the arrival of the vaccine against Covid-19 in Costa Rica, 2021 will be like “an extension of 2020”, according to Juan...

24,859 doses applied against covid-19 in three weeks of vaccination; second dose begins

QCOSTARICA - The Caja Costarricense de Seguro Social (CCSS) reports it has applied 24,859 doses during the first three weeks of vaccination against covid-19...

In Costa Rica we also have violent groups and angry Trumpists

QCOSTARICA - This week millions will watch the transfer of powers in the United States with one question on their minds: What to do...

Cycling his way to the top

Andrey Amador Bikkazakova is the first Costa Rican to compete in the Tour de France as a professional road bicycle racer. Andrey rode with...

Playa Hermosa, Puntarenas

A view of Playa Hermosa, Puntarenas looking southwest from the Costanera. Photo by Ricardo Arce via Unsplash.

All in a day’s work: potholes don’t stop street markings

QCOSTARICA - It might seem unbelievable to most, but let us assure you, this is all in a day's work for the crews in...

Current account balances in colones fell at the end of 2020, but in dollars it remained on the rise

QCOSTARICA - Towards the end of 2020, the balance of bank accounts in colones in the financial system fell a little, after an atypical...

16,575 more vaccines arrived in the country to combat Covid-19

QCOSTARICA - The fifth batch of the Pfizer/Biontech vaccine arrived in Costa Rica Tuesday night, January 19. The 16,575 doses landed at 9 pm on...

Want to stay up to date with the latest?

We would love to hear from you! Please fill in your details and get updates daily in your mailbox. It's that simple!

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.