Chiquita Fires 5,000 Banana Workers in Panama After Strike Causing $75M Losses

Chiquita Brands has fired approximately 5,000 daily workers in Panama's Bocas del Toro province after a strike lasting more than three weeks, which the company called an 'unjustified abandonment of work.' The strike was part of nationwide protests against proposed social security reforms, which many Panamanians believe will negatively impact future pensions. Chiquita reported losses of at least $75 million due to the disruption. Panamanian President José Raúl Mulino declared the strike illegal and supported the company's decision, criticizing the union leader for the economic damage caused. The layoffs represent a significant portion of the company's workforce in Panama, with affected workers required to collect severance payments. Protests continue across the country, involving various sectors such as teachers and construction workers opposing the government's reform plans.