Workers stage Japan’s first strike in decades to protest department store sale to U.S. fund

14 Sep 2023 21:21 | JHRS (Administrator)

Workers at a major Tokyo department store went on strike on Thursday after talks with management over the planned sale of their company broke down, marking the first major walk-out the country has seen in decades.

Some 900 workers at the flagship Seibu store in the bustling district of Ikebukuro are protesting the sale of Sogo & Seibu, a unit of retail giant Seven & i, to U.S. fund Fortress Investment Group.

Source: https://www.nbcnews.com


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