Feb 24 • 21:21 UTC 🇲🇽 Mexico El Financiero (ES)

Judge declares the strike at Monte de Piedad non-existent: 'The reopening of the branches is closer'

A judge in Mexico declared the strike at Monte de Piedad invalid, signaling potential progress towards reopening its branches soon.

On February 20, a judicial authority granted an injunction in favor of Nacional Monte de Piedad, declaring the strike that began on October 1, 2025, to be non-existent. This announcement was made by the Private Assistance Institution, which outlined the ongoing labor conflict between the management and the unionized workers of the pawnbroking entity. Despite the ruling, the institution recognizes that there is still work to be done to resolve the underlying labor issues adequately and maintain transparency with both clients and employees.

In its official communication, Nacional Monte de Piedad emphasized its commitment to restoring trust among its clients and supporting employees to mitigate the negative impacts of the strike. The organization has set clear objectives regarding transparency and is calling upon the union to resolve the conflict definitively. The court's ruling brings a renewed hope for the employees and management alike, as it could pave the way for the reopening of branches, which have been closed during the strike.

The labor dispute at Monte de Piedad has implications not only for the institution and its employees but also for the financial services they provide to the community. As negotiations progress, the focus will be on rebuilding relationships and ensuring that the financial needs of the customers are met. The outcome of this conflict may serve as a precedent for future labor relations within similar institutions in Mexico, highlighting the importance of resolving disputes to better serve both employees and clients after periods of labor unrest.

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