Sock Workers Strike

The sock industry is today bracing itself as plans of a general sock workers strike have come to light.
Analysts fear that the world's largest manufacturer of socks, Sony Eriksson, will be the worst affected.

Sony Eriksson's sock manufacturing wing employs some 18 people - 11 people based at their UK operation in Runcorn, Cheshire alone.

Turnover for sock production for Sony Eriksson is estimated at $154billion per annum, based on 2004 figures which were quoted as 12.036 Euros.

A sock worker, last week
UniSock, the sock industry union leader, have stated on their website:

"The leading employers in the sock industry have been overstepping common decency - in terms of pay and conditions - for far too long. In 2006 the top 3 sock manufacturers made an estimated worldwide profit of $379billion. The top earning executive earns $182 per year, whereas the committed and loyal factory workers are taking home a mere £87,362.00 per annum on average. We are outraged, as it is far too low an average".

Squirrel World News will keep readers updated of the latest news on this worrying and potentially disastrous strike as it happens.