The Argentine Aircraft Factory (Fadea) began to suspend its staff on a rotating basis and opened a voluntary retirement and early retirement plan, union sources reported.
“The new authorities of the company have taken over and have decided to suspend, on a rotating basis, 30 percent of the plant”who will receive only 75 percent of their salaries, reported the lawyer of the Aeronautical Personnel Association (APA) Gianfranco Davicini.
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He also estimated in statements to University Radio that so far this year, workers have lost “40 percent” of their purchasing power.
Adjustment
Davicini confirmed that the company launched a voluntary retirement and early retirement plan and was concerned because the adjustment falls on “highly qualified labor.”
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“The national government does not analyze the added value produced by the aeronautical industry. They simply seek to apply a brutal adjustment to the workers” said the lawyer in dialogue with the university radio station.