Comments
Bank of America has announced it was shutting down its operations in Costa Rica, where it employed 1,400 people in a technological unit.
The company yesterday said in a statement the closure of its centre in the Central American country would take place over the next nine to 12 months, in order for it to concentrate its activities in other countries.
“As a result of constant reviews (of operations) we will close our technology and operations sites in San Jose de Costa Rica,” the bank said in a statement.
The news came just hours after US computer giant Intel announced it was closing part of its operations in the Central American nation, resulting in 1,500 more job cuts.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.