Samsung Electronics Union Warns of Strike Over Wages
The Samsung Electronics union in South Korea has warned of potential W30 trillion strike losses after securing majority status, as up to 40,000 members are expected to join rallies demanding higher wages. The union is pressing for improved compensation for its workers.
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Samsung Electronics union warns of W30tr strike losses after securing majority status
Samsung Electronics’ largest labor union has secured majority status for the first time and warned Friday that a planned general strike could inflict losses of up to 30 trillion won ($20.3 billion). The Samsung Electronics Labor Union said it has been officially recognized as the representative body after surpassing a majority of employees. With about 74,000 members, the union now holds strengthened bargaining power. A mass rally is scheduled for April 23 at the company’s Pyeongtaek campus in Gy
By The Korea Herald
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