Petrobras workers in Campos Basin vote to strike

Petrobras workers in Campos Basin vote to strike

Workers of Petrobras in the Campos Basin have voted for strike action starting on Friday, according to Reuters.

The workers are dissatisfied with the latest pay offer from Brazil’s scandal-hit and debt-ridden state oil firm. It is a proposed 6% increase, below the country’s 8.9% rate of inflation. Traditionally Petrobras’ pay rises have at least covered inflation.

Campos Basin is a vast area covering both onshore and offshore fields. It is the most productive region of oil production in the country, accounting for 60% of the country’s output.

The strikers are also unhappy with Petrobras’ plans to change contracts such that the company could reduce the number of working hours for employees.

Petrobras, $125bn in debt and weighed down by the fallout from a massive bribery scandal, has been looking at many ways to cut costs and to replenish its coffers, including staff layoffs, asset divestment and budget cuts.

Donal Scully

With 28 years experience writing and editing for newspapers in the UK and Hong Kong, Donal is now based in California from where he covers the Americas for Splash as well as ensuring the site is loaded through the Western Hemisphere timezone.

Related Posts