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Mexico: Nearshoring for multinational companies – the employment perspective (Video Chat)

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In brief

“Nearshoring” in Mexico is currently a hot topic for multinational companies considering moving business and manufacturing closer to home. COVID-19-era global supply chain disruptions and changes to the global economy are causing companies to reexamine their sourcing options and relocating to Mexico has much appeal. According to an analysis by the McKinsey Global Institute, in 2021, American investors put more money into Mexico – buying companies and financing projects – than into China. 
Our team is advising on both the business opportunities and the potential challenges from an employment perspective when transferring business services and production to Mexico. 

In this Quick Chat video, our Labor & Employment lawyers along with the Managing Partner for Baker McKenzie’s Mexico offices discuss key nuances of the new labor subcontracting laws in Mexico, the current labor collective environment, considerations for companies operating under an IMMEX Program, and more. Listen in for practical tips to navigate this new business horizon.

Speakers: Jose (Pepe) Larroque, Salvador Pasquel Villegas, Martha Mayorga-Luna.

English video:

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Author

Pepe is the National Managing Partner in Mexico. He is recognized as a leading practitioner in real estate law by Chambers Latin America. Speaks regularly on topics relating to his area of practice, has authored a number of articles for various publications, including "Fibras and their Amendments" in Immobiliarie, as well as co-authored the Mexico Section of the Firm's Global Real Estate Taxation Guide for 2009 and 2010. He is a member of the San Diego Dialogue's Steering Committee, and is also a member of the Mercy Hospital Foundation, among other civic associations.

Author

Salvador Pasquel Villegas joined Baker McKenzie in 1994 and became a partner in the Firm’s Mexico office in 2002. He is a member of the North America Employment and Compensation Practice Group and chair of the Mexico City Labor Practice. He has extensive experience advising on collective bargaining, employment counseling in corporate restructures, labor policy planning related to acquisitions, mergers, divestitures, plant closings, redundancies, executive compensation and employee benefits, as well as investigation procedures, labor compliance, diversity and inclusion programs, and flexible working conditions. Salvador has also represented Mexican employers before the International Labor Organization (ILO) in 2003 and 2010.

Author

Martha Mayorga-Luna has been an associate in the Firm's Guadalajara office since 2013. She is member of Baker McKenzie's National Diversity & Inclusion Committee. She has over six years' experience in labor and employment law.

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