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Food Industry. Molinos Announces Layoffs After Distributing $81 Billion to Shareholders: Crisis for some, Profits for Others

Summary by La Izquierda Diario
The company informed the workers of its plant in Esteban Echeverría of its intention to cut 10% of the staff, arguing that wages are “high.” The government’s policies have caused a fall in consumption and a collapse in purchasing power, but also bulky profits for economic power. Faced with this adjustment, it is necessary to defend the jobs and reject that the cost of the crisis falls on the workers. The food that has 11 factories in the country…
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The company informed the workers of its plant in Esteban Echeverría of its intention to cut 10% of the staff, arguing that wages are “high.” The government’s policies have caused a fall in consumption and a collapse in purchasing power, but also bulky profits for economic power. Faced with this adjustment, it is necessary to defend the jobs and reject that the cost of the crisis falls on the workers. The food that has 11 factories in the country…

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La Izquierda Diario broke the news in on Tuesday, June 3, 2025.
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