AstraZeneca UK Workers To Strike Over Pensions

Law360, New York (August 24, 2010, 5:14 PM EDT) -- British union GMB said Tuesday that workers at AstraZeneca PLC's second-largest site, in Macclesfield, England, will strike for three days in September to fight changes in U.K. employees' defined-benefit pension plan.

The decision to strike comes after AstraZeneca proposed "draconian" changes to its defined-benefit plans that would effectively eliminate pensions for the 2,500 workers at Macclesfield, according to GMB.

“The last thing GMB members want to do is take strike action against AstraZeneca,” GMB said, “but the savage attack by the company on the pension entitlement...
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