Samsung Strike Looms
9 articles from 1 country
Samsung Electronics' labor and management have failed to reach an agreement in post-mediation talks, leading the union to declare a strike for June 21. The company warned the union that a strike could halt production, requiring a significant daily staff presence. A potential 18-day strike could impact South Korea's GDP growth by up to 0.5 percentage points.
Samsung Electronics Labor Talks Collapse; Union Vows Strike on June 21
- Samsung Electronics' labor and management failed to reach an agreement during post-mediation talks, leading to the union's declaration of a strike. - The union announced it will proceed with its planned strike starting June 21st, citing the company's repeated failure to provide a final decision. - Samsung Electronics expressed regret over the failed talks and stated its commitment to preventing …
Samsung Electronics labor and management in final talks to avert strike
- Samsung Electronics' labor union and management are holding a final negotiation session today to avert a strike scheduled for tomorrow. - The two sides have reportedly reached an agreement on most i…
Samsung Electronics labor and management fail to reach agreement, to resume talks May 20
- Samsung Electronics' labor and management failed to reach a final agreement on issues including performance-based pay after 14 hours of negotiation. - The two sides will continue mediation talks on …
Bank of Korea: Samsung Electronics' 18-day strike could lower growth rate by up to 0.5%p
- A potential 18-day strike by Samsung Electronics' labor union could reduce South Korea's GDP growth by up to 0.5 percentage points. - The Bank of Korea estimates that a prolonged strike could halt s…
Samsung Electronics Warns Union of Daily Staffing Needs Amid Strike Threat
- Samsung Electronics warned its labor union that a potential strike could halt production, requiring at least 7,087 employees to be present daily. - The company communicated this operational necessit…
Samsung Electronics Nears Labor Deal as Both Sides Concede
- Samsung Electronics' labor union and management are making concessions in last-minute negotiations ahead of a potential strike. - The Central Labor Relations Commission is mediating discussions on k…
Industry Minister Kim Jeong-kwan: 'If We Can't Resolve the Samsung Electronics Strike, What Can Our Society Do?'
- Industry Minister Kim Jeong-kwan expressed urgency regarding the potential Samsung Electronics strike, stating society must resolve it. - He warned that failure to address the strike would set a neg…
Samsung Electronics labor and management nearing agreement in post-mediation talks
- Samsung Electronics' labor and management are nearing a potential agreement in post-mediation talks, according to the head of the Central Labor Relations Commission. - The commission's second round …
S. Korean President Hints at Emergency Powers Over Samsung Strike Fears
- President Lee Jae-myung raised the possibility of invoking emergency arbitration powers, signaling concern over a potential Samsung Electronics strike's impact on the national economy. - The potenti…