Several thousand workers in at least five Chinese cities have staged a coordinated protest against the takeover of PepsiCo’s bottling plants in the mainland by Taiwanese food and beverage conglomerate Tingyi Holdings.
At least 1,100 of the 1,300 workers at the Fuzhou plant reportedly joined the initial protest, with similar numbers in the other cities. The workers at the five core plants then launched an online campaign to bring in the more than 20,000 workers from all 24 Pepsi bottling plants on the mainland.
The workers are demanding that PepsiCo either halt the merger or compensate them for pushing through the sale without consulting the workforce in advance. Full details here.
Several thousand workers in at least five Chinese cities have staged a coordinated protest against the takeover of PepsiCo’s bottling plants in the mainland by Taiwanese food and beverage conglomerate Tingyi Holdings.
At least 1,100 of the 1,300 workers at the Fuzhou plant reportedly joined the initial protest, with similar numbers in the other cities. The workers at the five core plants then launched an online campaign to bring in the more than 20,000 workers from all 24 Pepsi bottling plants on the mainland.
The workers are demanding that PepsiCo either halt the merger or compensate them for pushing through the sale without consulting the workforce in advance. Full details here.
