AGP Executive Report
Last update: 8 hours agoTrinidad & Tobago Layoffs: About 187 Massy Cat employees face retrenchment as the company transfers its Caterpillar business to MACORP. Massy says the final number is still being determined and at least a quarter of affected staff will be retained within the group. Regional Outlook: The World Bank forecasts 2.2% growth for Latin America and the Caribbean in 2026, saying stronger productivity and investment are needed to create better jobs and raise incomes. Hiring & Cuts: Brazil reported 165,800 jobs created in August, while major company cutbacks are adding to job losses in Costa Rica. Worker Protections: Caribbean hotel outsourcing could leave workers without severance, a warning for employees in the region’s tourism sector.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.