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Monte de Piedad Strike Hits Six Months With No Agreement

The standoff has cut off pay for staff and blocked customers from retrieving pawned goods.

Overview

  • The walkout, which began on October 1st, 2025, has shuttered more than 300 branches across Mexico.
  • Talks are on hold after the employer offered a 5.3% pay raise with a strike-lift bonus and no layoffs, which the union rejected as it seeks changes to how jobs, shifts, and promotions are assigned.
  • Workers report six months without income and say they are rotating picket duties while surviving on personal loans, temporary jobs, help from family, and small donations from customers.
  • Nacional Monte de Piedad says pledged items remain safeguarded, yet customers cannot access branches, and roughly 3 billion pesos in short-term pawn credit has stalled.
  • The dispute sits with a tribunal colegiado, and one outlet reported a ruling that the strike was invalid, a claim not widely corroborated and still in dispute.