Omicron-Related Sick Leave Worsens Talent Shortage

Just as companies were looking forward to a post-pandemic reality, the Omicron variant came to put 9 percent of Mexico’s workforce on sick leave, thereby compounding an already pronounced labor shortage. Meanwhile, tech companies in the US continue to look to Mexico for talent amid a surge of job openings in the sector. These companies should expect to compete with companies already residing in Mexico. 

In international news, two major investor firms look to combine their recent purchases, Citrix and Tibco, to create the world’s largest digital workspace software provider.

Here is your weekly Talent briefing:

Mexico

US Talent Deficit A Window of Opportunity for Mexico

The US cybersecurity talent crunch has encouraged companies to look for professionals in Mexico to fill the nearly 600,000 job openings.

Mexico Hits Highest COVID Temporary Incapacity for Work Licenses

The IMSS has issued over 600,000 sick leave authorizations to employees due to the COVID-19 variant Omicron, representing 9 percent of the Mexican workforce.

Lyft Grows Mexico City Team; Will Not Offer Rideshare Services

Rideshare mobile application Lyft continues growing its Mexico City engineering team, tripling its workforce.

Industry Trends 

Narrowing the Gender Gap in the Mining Industry

Women’s historical legal and cultural barriers in the mining industry are being broken, opening opportunities for inclusion, agree industry experts.

“While there is still a long road ahead toward gender equality in the mining industry, it is important to acknowledge that change is happening,” said Jennifer Burge, CEO, WorldWise Coaching & Training LLC.

Regional Talent: Key for Mexican Space Development

The Mexican Space Agency seeks to broaden its alliances with different local universities to strengthen education, connectivity and social inclusion for the benefit of younger generations.

International

Investors to Create World’s Largest Software Provider

Elliot Investment and Vista Equity agreed to acquire software marker Citrix Systems for US$13 billion. Citrix will complement the firms previously acquired Tibco Software to create the world’s largest digital workspace software provider.

“Citrix and Tibco provide mission-critical software and services to many the world’s most successful businesses, and we see tremendous value in combining their respective world-class offerings to help companies gather insight from the growing volumes of data generated by the hybrid work economy,” said John Stalder, Managing Director, Vista Equity Partners.