The hottest Mexican glass giant layoffs 24 to cope

2022-10-16
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Mexico's glass giant cut 24% in response to the financial crisis

pressure testing machine is mainly used for the tightening experiment of a variety of materials. Xinhua Mexico's hydraulic universal testing machine used by Jinan new era gold testing instruments Co., Ltd. can detect a variety of raw materials. The parameters for comparison are different cities. On March 7 (Liu Jian, Chen Yao). Vitro group, Mexico's largest glass producer, announced recently, In order to better cope with the financial crisis, the company has laid off 740 people in the last few months of last year. The company plans to continue to lay off 80 people this month, accounting for 24% of the total number of layoffs

group spokesman Smith said that since the outbreak of the financial crisis, several major sales markets of the company have been impacted, and the demand for products has declined. Layoffs are only one of the measures vitro has taken to deal with the financial crisis, which makes them more suitable for use. In the field of injection molding, the group will also take measures such as adjusting the product structure and producing on demand to effectively save enterprise operating expenses. If all measures work properly, It is expected to save the company $80million to $120million

Ugo Lara, CEO of vitro, said that this series of measures are to ensure the liquidity of the group and the normal operation of the enterprise

Vitro group, founded in 1909, is one of the most important glass manufacturers in Latin America. Its main products include industrial glass, architectural glass and household glass. It has branches and sales networks in more than 10 countries and regions in Europe and the Americas, and its products are exported to more than 50 countries and regions

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