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🇰🇷 South Korea /Economy & Trade

POSCO Union Signals 48-Hour Partial Strike, Bringing Company’s First Walkout Closer

From Chosun Ilbo · () Korean

Translated from Korean and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources Ongoing story
  • POSCO’s labor union announced a planned 48-hour partial strike beginning on the 9th unless management offers additional negotiations.
  • Union chairman Kim Seong-ho said the strike would proceed if the company did not change its position and shaved his head to show his resolve.
  • The walkout would be POSCO’s first since its founding in 1968.

POSCO is facing the prospect of its first strike since the company was founded in 1968, after its labor union announced a 48-hour partial walkout beginning on the 9th.

The union made the announcement during a rally on the 8th outside the POSCO Center in Seoul’s Gangnam district. It said the strike would begin unless management presented an additional negotiating offer.

Union chairman Kim Seong-ho delivered a blunt warning: “If the company does not change its position, we will go on strike as scheduled.” He also shaved his head to demonstrate his determination to proceed.

If the action goes ahead, it would mark the first strike in POSCO’s history.

If the company does not change its position, we will go on strike as scheduled.

· Kim Seong-hoThe POSCO union chairman warned that workers would begin the planned partial strike unless management changed its position.
About this summary

Originally published by Chosun Ilbo in Korean. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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