Particle.news
Download on the App Store
3 ARTICLES
·
last mo.

Iberdrola Workers Launch Valencia Strike Over Inflation-Hit Wages

Workers argue that a 2.8 percent wage proposal fails to address four years of inflation-driven income losses.

Trabajadores de la central nuclear de Cofrentes, esta mañana.
Image

Overview

  • Approximately 1,500 employees at Iberdrola facilities in Valencia walked off the job on June 6 to demand pay adjustments tied to Spain’s 18.1 percent inflation rate.
  • Unions UGT and CCOO say staff have suffered a 15.3 percent drop in purchasing power since 2021 and reject the company’s 2.8 percent raise offer as inadequate.
  • The stoppage covers power generation, distribution and the Cofrentes nuclear plant with pickets outside Iberdrola offices in Valencia and Alicante.
  • Iberdrola kept electricity flowing under legally mandated minimum services, though unions warn of potential delays in equipment repairs.
  • Strikers insist the company honor the 2023-2025 collective bargaining agreement by granting a 3 percent minimum wage increase with an inflation revision clause.