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Covidien Moving 25 jobs to Costa Rica & Prague

Covidien Moving 25 jobs to Costa Rica & Prague

Costa Rica Business News – There is a little good news for Costa Rica after losing so many jobs with the exiting of Intel and Bank of America. Irish medical equipment leader Covidien PLC has informed around twenty five logistics staff members at its United States headquarters that their roles are going to be switched to

shrimp firm costa rica

Costa Rica Shrimp Firms Laying Off Employees

Costa Rica News – The layoffs in Costa Rica continue.  Two Costa Rican shrimp processing firms were forced to lay off 412 workers since October last year, following a sharp drop in production. Tweet

intel costa rica main

Business in Costa Rica; The Aftermath of the Loss of Intel

Costa Rica Business News – Through the overhead cutting move that Intel recently made by exiting Costa Rica, it it’s wake leaves IT professionals without employment and slices away more than one-fifth of the country’s exports. The aftermath and consequences of this move are just now being felt as Semana Santa begins in Costa Rica. Tweet

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Reduced Investment in Costa Rica Free Zones

Costa Rica News – Is investment in Costa Rica on the decline? With the leaving of Intel & Bank of America it seems that the economy and investment potential of Costa Rica is slowly decreasing.  Now signs are being seen in other areas of Costa Rica. Tweet

citigroup costa rica

Citi Cuts Costa Rica Growth Forecast After Intel & Bank of America Layoffs

Costa Rica Business News - Citigroup Inc. (C) cut Costa Rica’s growth forecast after Bank of America Corp. and Intel Corp. said they would fire 3,000 workers in the Central American nation following the opposition’s victory in a presidential runoff. Tweet

bank of america costa rica

Costa Rica Seeks Digital Entrepreneurs To Offset IT Layoffs

Costa Rica Business News - Costa Rica’s IT sector is already taking a constructive approach to the double whammy it received earter this month with the announcements that Intel (Nasdaq: INTC) and Bank of America would lay off a combined 3,000 workers due to a restructuring of global operations. Tweet

intel costa rica main

Intel Closes Operation in Costa Rica; Cuts 1500 Jobs

Costa Rica Business News – It seems Intel is finally catching on to what many businesses owners in Costa Rica already knew…….it is not really that inexpensive to do business in the land of “pura vida”. Not to mention there is a very limited talented labor pool of employees.  Tweet

Central American Bank for Economic Integration main

54th BCIE Board of Governors Coming to Costa Rica

Costa Rica Business News - The 54th board of governors of the Central American Bank for Economic Integration (BCIE) is going to be conducted from April 24th to 25th in Costa Rica. Tweet

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