Walmart says it has reached deal with Mexican union, averting strike
MEXICO CITY (Reuters) - Walmart de Mexico, Mexico’s biggest retailer, said on Thursday that it has reached a deal with union CROC and that the group has given up plans to go on strike later this month.
The company said in a statement that the deal offers workers an average annual salary increase of 5.5 percent.
Reporting by Daina Beth Solomon; editing by Julia Love
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.