In brief
The labor court deemed the Correios strike lawful, but ordered employees back to work on September 25.
Days lost will not be deducted, but hours must be made up.
What we know
04Verified fact
According to Agência Brasil, the strike began on September 10 and the court had required 80% of staff to keep working.
Gives context on the duration.
Sources[01]Verified fact
According to Agência Brasil, unions said they would meet to decide on the return.
Indicates the next step.
Sources[01]
Transmission to assets
Market read-through
The end of the strike reduces the immediate operating cost for Correios, but does not solve the state company finances.
The ruling serves as a reference for the dispute opened by Caixa.
Portfolio impact
01Correios e serviços postaispositive
Return to work normalizes operations.
Operational effect, with no listed asset.
What would change the view: Unions complying with the ruling.
Direction is an explanatory hypothesis, not a forecast or recommendation.
Next signals
What to watch
- Actual return of employees
- Correios restructuring plan
- Labor court ruling on the Caixa dispute
Limits of the reporting
What remains uncertain
- The exact vote count and the wage adjustment were not confirmed by two sources.
Full sources
0401
Agência BrasilTST: greve dos Correios não é abusiva e ordena volta ao trabalhoindependent newsroom
02CNN BrasilCorreios: TST vota que greve não é abusiva, mas exige compensação de horasindependent newsroom
03Money TimesTST decide que greve dos Correios não é abusiva, mas ordena volta ao trabalhoindependent newsroom
04Poder360TST decide que greve dos Correios não é abusivaindependent newsroom