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Samsung Electronics' union has suspended its strike after reaching a tentative wage deal with the company. However, a group of shareholders has vowed legal action against the agreement, raising concerns about its financial implications.
A high-ranking South Korean official has called for chip giants to share "a portion of their superprofits," amidst demands from Samsung Electronics' union for performance bonus reforms.
Unionized workers at Samsung Electronics have met with a co-CEO in anticipation of a proposed walkout, indicating ongoing labor negotiations and potential industrial action.
Samsung Electronics' unionized workers vote to strike over bonus Yonhap News Agency
Samsung Electronics' largest labor union has called off its planned strike, putting a tentative wage agreement to a vote among its members. The decision follows a breakdown in earlier wage talks that had threatened the company with its first-ever major strike.
Unionized workers at Samsung Electronics have reportedly halted ongoing talks with management, indicating a potential impasse in negotiations.
Unionized workers at Samsung Electronics are preparing to hold a press conference as they move forward with plans for a potential strike.
Samsung Electronics' union in South Korea has decided to proceed with its strike plan, rejecting management's offer for further talks. This decision has led to a slump in the company's shares.
Unionized workers at Samsung Electronics have halted ongoing talks with the company's management, indicating a potential impasse in negotiations.
Samsung Electronics' unionized workers vote to strike over bonus.