Mexico’s government reaches deal on outsourcing ban legislation (Bloomberg)

Mexico’s government reached a deal with businesses and unions over a bill to ban outsourcing, Bloomberg reported. In Latin America, the term “outsourcing” includes staffing. The agreement Monday includes forbidding outsourcing of personnel to third-party firms, except for specialized work outside a company’s main economic activity, according to Bloomberg. It also implements a new profit-sharing model. The government of Mexico also released a formal announcement on the deal.