Strikes Escalate at Korea’s Auto and Shipbuilding Giants Amid Wage Standoffs

SEOUL, Sept. 2 (Korea Bizwire) — South Korea’s flagship carmakers and shipbuilders are facing waves of strikes as labor negotiations falter, highlighting rising tensions over wages, retirement policies and corporate restructuring at a time of global economic uncertainty. At Hyundai Motor, the company’s union staged its first walkout in seven years, launching a series of partial [...]