Faced with an implied threat of a lightening 24-hour strike during the Grand Prix period, the management of the Méridien Beach Plaza retracted its plan to lay off 31 employees.

Unhappy that 15 jobs would be lost involuntarily, 78 employees had voted for a surprise strike, without specifying the day. Given the fact that Ferrari had booked in 100 members of its Grand Prix team, the management dropped its plan.

Olivier Cardot, secretary general of the Union of Trade Unions of Monaco, told French-language daily Monaco Matin that management had been pushed back thanks to the balance of power held by the employees.

The hotel, which is not part of the Société des Bains de Mer, has experienced several episodes of troubled relations with staff over the last few years.