Tuesday 10 February 2009, San José, Costa Rica

 
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Another 140 Join The Unemployment Line Due To Financial Crisis

Another 140 people have made the list of the unemployed or to be employed as the company, Sábila Industrial, located in Liberia, closed its plant without notice and without paying its employees severance pay nor the salaries for the second half of January, according to the ministerio de Trabajo.

The viceminister of Labour, Eugenio Solano, confirmed that the company, who specialized in the production of Aloe Vera products, closed up on January 30, without notice or compensation to its employees.

"We are giving this case special attention. The employees have filed a formal complaint and are asking for the confiscation of the company's assets", said Solano.

The company operated within a free zone called "zona franca" and exported its products to the United States.

Earlier this month, the drug manufacturer Merck, Sharp & Dome announced the closure of its plant in Pavas, leaving some 200 without work by the end of the year.

The Sylvania company, which manufactures light bulbs and lighting equipment, also in Pavas, across the street from Merck, announced the closure of one of its two plants, affecting another 200 employees.

At the end of January, the Domino's Pizza franchisee in Costa Rica shut its doors without notice, putting out to the unemployment line 130 people.

Only the Sylvania closure is a direct result of the market slowdown in the US, as the company cuts back on costs and operations worldwide. Merck officials said that the closure is not related to the financial crisis, rather to a scaling down of the company that started a couple of years back.

As to the Dominos closure, there is still no reason or explanation from the Mexican owners of the franchise as to the closure.

 
 
 
 
     
 
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