Special Report:Global Financial Crisis
HAVANA, Dec. 14 (Chinese media) -- Some 4,000 people lost their jobs during the past week in Dominican Republic as a result of the world financial crisis, reports reaching here said Sunday.
The Group M, one of the Dominican Free Zone companies, dismissed more than 4,000 workers last week.
The move was forced by the company's production cut due to reduced U.S. demand for textile articles.
Other companies in the country were also considering cutting down their workforce, trade union leaders said.
In 2007 and 2008, around 103,000 jobs were eliminated in the country's Free Zone, consisting of some 40 industrial parks and more than 500 companies.
More than 900 workers were laid off from a nickel plant in the northern Monsenor Nouel province weeks ago.
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