Strike action is contributing to the demise of GuySuCo

The Guyana Sugar Corporation Inc. (GuySuCo) says the corporation has seen over 150 strikes per year. This GuySuCo says has been contributing to the demise of the Corporation and has been impacting significantly on its financial viability.

In a statement on Monday, the sugar corporation outlined that from 2005 to 2015, the total man-days lost to strikes were 813,437.

Though a calculation of the number of industrial actions taken during 2016 was not outlined, GuySuCo is calling on the Unions to “just this once, put the employees’ interest above their own agenda” adding that in order for the Corporation to grow and become a profitable entity, it has to diversify.

During the last ten years, strike action ranged between 160 in 2005 to 250 in 2010, and fluctuated slightly during that period. For six years, the numbers were above 200 annually, and in 2014 and 2015 there were slight reductions.

In 2005, there were 160 strikes, in 2006; 204, 2007; 175, 2008; 198, 2009; 229, 2010; 250, 2011; 221, 2012; 203, 2013; 233, 2014; 194 and 193 in 2015.