SEOUL, March 21 (Korea Bizwire) – GM Korea Co., the South Korean unit of General Motors Co., on Wednesday offered a revised wage package to its workers that was not well-received by the union. “The company’s revised offers are not worthy of comment. We outlined our demands to the company yesterday, but management didn’t even [...]
SEOUL, Oct. 12 (Korea Bizwire) – GM Korea Co.’s net losses are set to deepen this year as its domestic sales have fallen sharply due to a lack of new models and lack of progress in labor-management talks over wages, industry sources said Thursday. The South Korean unit of General Motors Co. posted hefty net [...]
SEOUL, July 6 (Korea Bizwire) – Unionized workers at GM Korea Co., the South Korean unit of General Motors Co., said they will vote on whether to go on strike to press contract demands, corporate sources said Thursday as the company struggles with three straight years of losses. The carmaker’s 15,000-strong union arranged a walkout [...]