Newsan cancels contracts with 45 employees and suspends another 70 in its Buenos Aires plants

The company mainly produces refrigerators, washing machines and small appliances and motos in those establishments with the Siam brand. It has other factories in Land of Firewhere it assembles air conditioning equipment and televisions, among other products.

From the company -which He usually works a lot with temporary employees– They explained that they concluded those contracts and others that had a fixed term and expired in January.

And they recalled that the situation of companies that manufacture locally is not easy and that the model requires a combination of import and domestic manufacturing.

“It is adjustment in operational capacity responds to the fluctuation in demand and aims to guarantee the efficiency and sustainability of our business units for the 2026 cycle,” they indicated.

“The process is being carried out in an orderly manner, with enormous awareness and social responsibility,” they added.

According to the NA news agency, of the 150 effective workers that make up the total equipment of both plants, almost half are currently under a suspension regime with no established return date, receiving 85% of salary. The rest of the staff would fill positions in other plants. This solution would remain in place at least through February.

Newsan has a total of 7 plants and 3 logistics centers in the household appliances and motorcycles sector. In addition to Siam, it works with the brands Atma, Philco and Noblex.

Last year, the group bought the local business of Procter & Gamble, with its brands Pantene, Pampers and Gillette, among others.