Chilean National Copper Company union threatens protest to recover bonuses
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(1) One of the largest unions of Chile's National Copper Corporation (Codelco) has vowed to resist any attempt to recover bonuses. (2) The fallout continues from the company's exaggeration of copper production figures. It was previously discovered that last year's output was overstated by about 2%, resulting in over 6,000 workers, executives, and professionals receiving an extra $14 million in bonuses. (3) Sindicato Chuquicamata union president Hernán Guerrero, representing around 1,300 workers, stated that protests would be held if the company demands the return of bonuses linked to last year's production targets. He said, "We achieved the production target, and not a single cent will be returned."
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