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LatinNews Regional Monitor: Brazil & Southern Cone - 30 July 2019

In brief: Chile’s Codelco lays off 200 employees

* Chile’s state-owned copper mining company (Codelco) has dismissed around 200 employees in what it has called a “transformation to continue supporting the country”. The lay-offs mostly affected professionals in supervisory roles across seven divisions and the head office. The Federación de Supervisores del Cobre (Fesuc), a union representing many Codelco employees, called the dismissals “unjustified”, arguing that there were more constructive ways to cut down on costs and increase productivity. Additionally, Marcello Bucarey Gallardo, director of Codelco’s supervisor’s union declared the union is “looking for the best exit conditions for its colleagues”.

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