Samsung Electronics Regrets Union's Breakdown of Post-Adjustment Talks, Vows to Continue Dialogue

The labor union's decision to break off post-adjustment talks with Samsung Electronics, despite the government's efforts to mediate, has cast a shadow over the company and its employees. Samsung Electronics, in a statement, voiced its deep regret, criticizing the union's rigid adherence to outdated demands and its refusal to consider the company's proposals for flexible institutionalization based on performance.

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The union's decision is an act that causes great worry and anxiety not only to the company but also to the employees waiting for the agreement and the shareholders and the public.

The union, however, felt the mediation proposal from the Central Labor Relations Commission was a step backward from their initial demands. While they declared the talks a failure, they also indicated a willingness to resume discussions if Samsung presents a more progressive offer. This deadlock brings the looming strike, scheduled to begin on the 21st, closer to reality, with a substantial number of union members already signaling their intent to participate.

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The mediation proposal was a regression from what we demanded.

The breakdown highlights a fundamental disagreement over performance-based bonuses and institutionalization. The union's stance, characterized by Samsung as inflexible, contrasts with the company's desire for adaptable systems that reflect market conditions. As the strike date approaches, the situation remains tense, with both sides holding firm to their positions while expressing a desire to avoid the worst-case scenario.

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If the company brings a more advanced agenda, we are willing to discuss it.