The U.S.-headquartered banana giant Chiquita said Thursday that it moved to fire thousands of Panamanian workers who walked off the job last month as part of nationwide protests against the right-wing government’s unpopular reforms to the nation’s pension system.

Citing an unnamed source close to Chiquita, Reuters reported that the mass firings are expected to impact around 5,000 of the company’s 6,500 Panamanian workers. José Raúl Mulino, Panama’s right-wing president, defended the banana giant formerly known as United Fruit, accusing striking workers of unlawful “intransigence.”

The company estimates that the strike, which began in late April, has cost it at least $75 million.

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