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Union at Panasonic plant in Mexico calls off strike after pay agreement

Union at Panasonic plant in Mexico calls off strike after pay agreement

reuters.com · 06/10/2022 11:17
Union at Panasonic plant in Mexico calls off strike after pay agreement

- The newly elected union at a Panasonic auto parts plant in the border town of Reynosa, Mexico, called off a strike scheduled to begin Friday morning after the company agreed to a new deal on pay, Panasonic and the union said.

The deal offers employees a 9.5% salary increase and a one-time bonus totaling 3.5% of employees' annual salaries, according to the union. Panasonic did not immediately confirm details of the agreement.


(Reporting by Daina Beth Solomon; Writing by Kylie Madry; editing by Stephen Eisenhammer)

((Kylie.Madry@thomsonreuters.com;))