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Latino Daily News

Tuesday September 27, 2011

Brazilian Bank Workers go On Strike

Brazilian Bank Workers go On Strike

Photo: Brazilian Workers Demand Higher Wages

Click Here to Enlarge Photo

Workers from private and public banks in Brazil have gone on strike, aiming to pressure the National Federation of Banks into meeting their union’s demands.

Brazilian bank employers in São Paulo, Rio de Janeiro, Brasília, Porto Alegre, and many other cities, have ceased all bank operations after the National Federation of Banks offered an 8% salary increase on Monday, well below the 12.8% raise that unions requested.

Additionally, the National Federation has done next to nothing to ensure equal opportunities, or improve working conditions despite having achieved over $15 billion in revenue during the last six months the strikering workers say.

Banks have dismissed the strike, calling it “Pointless.” They have reminded customers that they can access bank services via the internet, and by telephone.

The bank worker strike comes as postal workers complete their second week of striking, also seeking better salaries.