(UUNN HQ) Workers at unregulated stations across space have walked out on a wildcat strike, bringing mass-refining activity of several base commodities to a virtual halt.
“We have no union to look out for our needs and we’re sick and tired of working in horrible conditions for half the pay offered by the big Faction stations,” said one worker who asked not to be identified. “Enough is enough. There are other ways to make a living.”
Automated ore-refining operations at all locations will continue uninterrupted, and a small group of ice-refiners on GBS Station has elected not to participate in the strike.
(Quantar Corridor) Today Cromforge Enterprises (TRISE:CROM) today named Reshan Lexis as its new President, and she hit the ground running revealing her plans to begin restructuring manufacturing operations. As a part of that process, this morning Cromforge is discontinuing all weapons manufacturing on Corridor station. Continue reading
(Quantar Corridor) Cromforge Enterprises (TRISE:CROM) announced today that is is planning to scrap thousands of units of it massive equipment inventory on all Quantar Stations. “When inventory does not move, it not only has to be stored — it also has to be maintained,” said Cromforge spokesperson Cila Rotup’uh. “It is a huge expense, and one we can no longer sustain. The fact is that we have sold exactly ten Harvesters in the last six months. We have an inventory of more than 1,700. And that’s just a single example.”
The inventory reduction is not expected to have any immediate impact on pilots. It will be reported as a one-time expense in Cromforge’s Quarterly Results, which were already expected to be poor, resulting in a net-profit decline in each of the last six quarters.
(Great Pillars Station) In a statement released by OPL Spokesperson Kaeso Cosmas, the Octavius manufacturing giant said it was laying off more than 3,000 workers from its facilities on Outpost and Octavius Core station.
Due to an increasingly difficult economic situation and huge inventories, we are forced to reduce expenses. It is not something that we do lightly. Our workers are our lifeblood and if there was any other reasonable option, we would have taken it.
We sincerely hope that the situation will change and that we are able to hire back these loyal members of our OPL family. But without a lot more pilots using up the equipment we produce, there is just nothing else we can do.
In addition to these layoff, we will be closing and dismantling the Duelist facility in Quantar space in the very near future.
There were no specifics provided regarding how the layoff would impact production and availability of OPL products, which include the popular Guzzler and Impeler engines, and the Makk shields — in addition to Duelists.
*** BREAKING NEWS ***
The STCC reports that all Antiflux (41) were removed from Solrain Core station at approximately 17:40 UTC. Prices on the open market have been temporarily frozen to avoid another panic run.
By Thane Carios
(Solrain Core) As pilots squabble over Antiflux inventories, the prices at public stations have continued to climb to record levels – selling for approximately 250% more than they were just two weeks ago.
“Markets panic, that’s just what they do,” said Ferrix Charyb, the STCC Minister of Trade. “We’ve seen some people grabbing for these rare ECMs, and today, as I look at the market, it appears that the ones that disappeared from Hyperial a few days ago have now re-appeared at Solrain Core – clearly at a very significant profit. Continue reading
(Hyperial) Hyperial authorities reported that the small supply of rare Antiflux ECMs they had provided at Hyperial Station were taken on 117.11.1. The news triggered a pricing panic with very few Antiflux left. Prices were nearing 500,000 credits by the end of the day.
TRI-SEC indicated that they had an idea who had purchased the Antiflux, and that they planned on questioning the pilot. “We have the purchase data from Hyperial and are going to be talking to the pilot — primarily for his own safety,” said TRI officer Layton ‘Scorch’ Morrison.” Technically, nothing illegal has happened since the Antiflux were purchased at the market price. But pilots tend to react rather emotionally when it comes to hoarding of rare goods. This guy needs to understand what he’s setting himself up for.”