Samsung Averts Major Strike with Employee Agreement

Samsung reached an agreement with its employees just hours before a planned major strike, leading to a surge in the company's shares. The deal, however, raised concerns due to reports of substantial bonuses for some workers.

21 May, 04:55 — 21 May, 04:55

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RapplerMostly Factual20d ago

Samsung shares soar as strike averted, but bonuses of $416,000 for some stoke concern

A planned 18-day strike by some 48,000 union members has now been suspended, while the agreement, which was mediated by the government, is put to a vote between May 22 and May 27

By Reuters

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First report: Rappler · 21 May, 04:55|Full coverage: 2 · 4h|Window: 4h

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Rappler21 May, 04:55First to report

Samsung shares soar as strike averted, but bonuses of $416,000 for some stoke concern

4h later

hvg21 May, 08:37Latest update

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Samsung Averts Major Strike with Employee Agreement

Sources

Samsung shares soar as strike averted, but bonuses of $416,000 for some stoke concern

Coverage Timeline

Samsung shares soar as strike averted, but bonuses of $416,000 for some stoke concern

Órákkal a gigasztrájk előtt állapodott meg a Samsung a dolgozóival

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