Costa Rica Business News – Another red flag is being thrown up in regards to the Costa Rican economy. More jobs seem to be disappearing in Costa Rica as multi-nationals are starting to cut more and more in regards to their operations in the country.
Burger King announced four store closures in Costa Rica, resulting in the layoff of 39 employees. This exit of personnel alone accounts for 8% of the company’s payroll, which was 462 employees.
The closed stores were located in Paseo Metrópoli, Plaza Real Cariari, Santo Domingo and Heredia centro. The decision was made based on low profitability of these four outlets.
Burger King still has 29 restaurants open for business. BK doesn’t rule out the option of opening up more stores in prime locations.
Especially in the East and West sectors of the Greater Metropolitan Area is oversaturated with fast food chains.
While Bagelmen’s cafe and Wendy’s have closed for good in Costa Rica, BK believes they still have competitiveness in the country.
The employees who BK laid off were given all of the payments guaranteed to them by law.
