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COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

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Business closures

Rawlings lays off 200 employees at its Costa Rica apparel operation

The jobs will be moved to El Salvador, a company manager said. Baseball manufacturing, however, will remain unchanged here.

El Gallito stores close after 106 years in business; more than 200 employees dismissed

The iconic Costa Rican store Almacén El Gallito, which in recent years sold mostly party supplies and furniture, last Friday closed its seven locations in Costa Rica citing financial problems.

Local cargo company dismisses 65 employees

The Costa Rican company has been in the cargo transport market for over 60 years and owns a fleet of 300 semi trailers.

Employment outlook slightly better for Ticos in coming months, survey finds

A recent survey of Costa Rican employers finds more companies plan to hire this quarter than last. But results show an 8 percent drop in planned hiring compared to the same time period last year.

Costa Rican lawmakers to probe Labor Minister on recent business closures, layoffs

Labor Minister Víctor Morales Mora took to social media after Monday's legislative motion, saying he was happy to testify about his administration's efforts to improve the country's employment panorama.

Franchise owner of Burger King in Costa Rica closes four restaurants

BK Centroamérica said that despite the closures the company is looking for better locations to open new restaurants and would meet all of its labor responsibilities to employees under Costa Rican law.

Industry leaders say Costa Rica’s poor business climate drove out iconic snack food company

The company plans to move 50 percent its operation to the U.S., El Salvador and Nicaragua over the next five years.

Incesa Standard closes manufacturing plant in Costa Rica, lays off 150 employees

Kitchen and bath fixtures company Incesa Standard on Thursday evening confirmed the closing of its manufacturing operation in Costa Rica, which will be relocated to the company’s facilities in Guatemala and Nicaragua.

Some members of Costa Rica’s business sector alarmed over ‘historic’ jump in unemployment

A recent wave of layoffs across several sectors of the economy — from Wendy’s to Avianca — has culminated in more than 228,000 unemployed Costa Ricans at the end of the third quarter of 2014, according to figures from the National Statistics and Census Institute.

Another fast-food chain closes in Costa Rica

Last Saturday, the restaurant chain Bagelmen’s closed all of its locations in Costa Rica, laying off 110 employees.

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