SME Times is powered by   
Search News
Just in:   • Nifty nears 10,000 as equities rise for 5th straight session  • Oversubscribed 130%, RIL issue largest in the world in a decade by non-finance co  • GDP data: Economy needs more support  • Economy will bounce back, Modi assures industry  • New scheme launched to push electronic manufacturing 
Last updated: 11 Jul, 2019  

Walmart.9.Thmb.jpg 17K Walmart Chile workers walk off the job after talks fall apart

   Top Stories
» Economy will bounce back, Modi assures industry
» New scheme launched to push electronic manufacturing
» 'Revised definition to boost MSMEs confidence'
» Auto sector's domestic sales at historic low
» Cabinet approves upward revision of MSME definition
IANS | 11 Jul, 2019
Some 17,000 Walmart Chile workers walked off the job on Wednesday after collective bargaining negotiations with the retailer collapsed, union officials said.

The strike will force about 130 of the US-based retailer's supermarkets to close, while more than 100 other stores will operate with reduced hours, SIL union President Juan Moreno, whose members voted to strike, said.

Walmart Chile stores will be open only half a day, operating either in the morning or in the afternoon, the Efe news reported.

Walmart operates 371 stores under the the Hiper Lider, Lider Express, Central Mayorista, Superbodega Acuenta and Ekono brands in Chile

Union members rejected management's latest offer two weeks ago, but the start of the strike was postponed when Walmart requested Labor Board mediation on July 3.

The union said the talks held since then went nowhere, forcing workers to walk off the job on Wednesday.

Walmart Chile workers are seeking a 4 per cent wage hike since they are being asked to perform multiple functions as the retailer automates more of its services.

Management, for its part, offered a 3 per cent pay increase plus a bonus of 50,000 pesos (about $72).

The two sides did agree on a transportation bonus equivalent to two daily trips on public transit.

Moreno told Radio Cooperativa that the union had not rejected management's proposal "in and of itself," but "what happened is that we did not reach an agreement within the framework of mediation because we had been having conversations."

"The time limit expired and the company did not make a proposal that would have taken into account the change to multiple functions for workers," Moreno said, adding that the planned changes "are abysmal" and the company's offer "insufficient for such a significant" shift in store operations.

The union leader said he hoped that Walmart Chile "could retrain" workers, noting that the union was open to discussing this issue.

Walmart Chile, for its part, said it was regrettable that workers had decided to strike, adding that management made a full effort to "reach an agreement."

The retailer said the strike would mostly affect the Super Bodega Acuenta and some Hiper Lider and Lider Express stores, and an operations plan was implemented "to ensure adequate service to customers."

Print the Page
Add to Favorite
Share this on :

Please comment on this story:
Subject :
(Maximum 1500 characters)  Characters left 1500
Your name:

  Customs Exchange Rates
Currency Import Export
US Dollar
UK Pound
Japanese Yen 58.85 56.85
As on 03 Jun, 2020
  Daily Poll
COVID-19 has directly affected your business
 Can't say
  Commented Stories
» Starting an import export business: Basic guide for beginners(1)
» FM reviews macro-economy in FSDC meet(1)
» Appoint distributors, expand your business(1)
» MSME stimulus(1)
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter