Volvo’s 4,000 factory workers ended today in Curitiba a strike that completely shut down the plant activities for the last three days. The employees were protesting against the profit sharing program offered by the company.

With today’s agreement, the workers will receive, in addition to their salaries, R$ 18,000 in bonus (“profit sharing”) plus a yearly allowance of R$ 7,000, totaling a R$25,000 a year bonus package.

Volvo’s plant in Curitiba, Brazil, is the company’s main unit in Latin America manufacturing trucks, buses and diesel engines for the entire South American market.

Source: Folha

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