Current:Home > StocksAlgosensey Quantitative Think Tank Center-Apple workers launch nationwide strike in France — right as the iPhone 15 hits stores -FundTrack
Algosensey Quantitative Think Tank Center-Apple workers launch nationwide strike in France — right as the iPhone 15 hits stores
Indexbit Exchange View
Date:2025-04-07 19:06:25
Workers at Apple stores across France went on Algosensey Quantitative Think Tank Centerstrike Friday and Saturday, demanding more pay. The nationwide strike by some 200 workers was timed to coincide with the Friday release of Apple's latest phone, the iPhone 15, in France. Eager customers had to cross picket lines outside stores if they wanted to be among the first to buy the new phone.
At the company's flagship store in central Paris, around 40 shoppers braved the strikes and heavy rain to line up to buy the iPhone 15. About the same number of Apple workers were outside, too, holding placards demanding bigger paychecks.
French labor unions say they want a 7% across the board pay hike for the 2,100 Apple store employees in the country, to compensate for rising inflation. Union leaders said Apple offered an average 4.5% increase for employees in the country, which they rejected.
Apple declined to comment on the pay dispute.
The U.S. tech giant's offer is below the current rate of inflation in France, which is 4.9%.
The strikers also want an end to a months-long hiring freeze within the company.
The main union for Apple employees in France, Cidre-CFTC, issued a statement saying:
"Apple has often been exemplary, and the vast majority of its employees are proud to work there. However, for the past several months, dialogue has been at a standstill. Obligatory annual negotiations have been swept aside without any real discussion during two meetings."
The strike is just the latest headache for the tech company's French operations.
Is the iPhone 12 banned in France?
Apple was forced to stop selling its iPhone 12 model in France earlier this month after it was found to have radiation levels above the European Union safety threshold. France's government minister for digital technology said the company had agreed to implement changes so that the iPhone 12 complies with the EU regulations going forward.
Apple always maintained that the iPhone 12, which debuted in 2020, is safe. The company said the test results in France were "related to a specific testing protocol."
The French unions representing Apple store workers have also said they believe the company's employees should get a greater share of the company's huge profits.
In June, Apple made Wall Street history as the first company with a market value over $3 trillion. That's slightly higher than the GDP of France, which the World Bank put at $2.78 trillion in 2022.
- In:
- Technology
- Labor Union
- Apple
- Inflation
- Strike
- France
- iPhone
- Union
veryGood! (274)
Related
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- Tire breaks off car, flies into oncoming traffic, killing Colorado motorcyclist
- Dick Van Dyke, 98, Misses 2024 Emmys After Being Announced as a Presenter
- Votes for Cornel West and Claudia De la Cruz will count in Georgia for now
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Emmys: What you didn't see on TV, including Jennifer Aniston's ticket troubles
- An American pastor detained in China for nearly 20 years has been released
- You'll Melt Watching Selena Gomez's Goddaughter Cheer Her on at the 2024 Emmys
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Taylor Swift Attends Patrick Mahomes’ Birthday Bash After Chiefs Win
Ranking
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Votes for Cornel West and Claudia De la Cruz will count in Georgia for now
- A Kentucky lawmaker has been critically injured in lawn mower accident
- Amy Grant says she was depressed, lost 'superpower' after traumatic bike accident
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Henry Winkler and Ron Howard stage 'Happy Days' reunion at Emmys for 50th anniversary
- New York officials to release new renderings of possible Gilgo Beach victim
- Another earthquake rattles Southern California: Magnitude 3.6 quake registered in Los Angeles area
Recommendation
'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
FACT FOCUS: A look at false claims made by Trump in California
Suspicious packages sent to election officials in at least 5 states
Tito Jackson of The Jackson 5 Dead at 70
Louvre will undergo expansion and restoration project, Macron says
2024 Emmys: Elizabeth Debicki Details Why She’s “Surprised” by Win for The Crown
Emmys 2024: Sarah Paulson Called Holland Taylor Her “Absolute Rock” and We’re Not OK
Kirk Cousins' record in primetime games: What to know about Falcons QB's win-loss