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 Costa Rica and Prague in the Czech Republic during the next year and a half to two years, a organization spokeswoman stated on Wednesday.
The change is a component of a alrger five-year restructuring strategy the previous fall directed at reducing expenses as well as getting Covidien’s worldwide operations more streamlined.
The organization reported in November that it’s going to remove a total of almost 150 jobs around the world, among them around seventy inthe USA headquarters.
“Covidien is committed to treating employees with dignity and respect,” stated organization spokeswoman Lisa Clemence. “We understand that changes like this are difficult and we are sensitive to the needs of affected employees.They will be eligible for severance as well as outplacement assistance services.”
The business, which is incorporated in Dublin, was formarly Tyco HealthCare, and it was divested by parent Tyco International Ltd. in 2007.
In December of the previous year, Covidien had about 38,000 employees globally, among them 1,800 in the Massachusetts area.