Hyundai Motor Workers Approve Annual Wage Deal

SEOUL, Dec. 29 (Korea Bizwire) – Unionized workers at Hyundai Motor Co., South Korea’s leading carmaker, voted on Tuesday in favor of a tentative wage deal reached with the management that promises a pay raise, bonuses and other benefits. In a yes-or-no vote, 25,172 workers, or 59.72 percent of votes cast, supported the deal, wrapping [...]