SEOUL, Dec. 13 (Korea Bizwire) — Unionized workers of the state-run Industrial Bank of Korea (IBK) have voted to stage a general strike later this month over failed wage negotiations with the management, union officials said Friday. More than 80 percent of the unionized workers at the policy lender voted Thursday to stage a general [...]
SEOUL, Oct. 3 (Korea Bizwire) – In a landmark decision, South Korea’s Supreme Court has ruled that designated drivers can be classified as workers under the country’s labor union law, potentially opening the door for collective bargaining rights based on their employment status. The ruling, handed down on September 27, marks the first time the nation’s [...]
SEOUL, Sept. 13 (Korea Bizwire) — Unionized workers of Renault Korea Motors Co., the South Korean unit of French auto group Renault S.A., began a full-scale strike Friday, as little progress was made in wage talks, company officials said. The union of Renault Korea has been on a partial strike since Tuesday over the wage [...]
SUWON, South Korea, Sept. 4 (Korea Bizwire) — A powerful union of bus drivers in Gyeonggi Province, which surrounds Seoul, called off a strike planned for Wednesday after reaching a last-minute wage hike agreement with their employers before dawn. The union, which has about 90 percent of city and intercity bus drivers in the nation’s [...]
SEOUL, Jul. 22 (Korea Bizwire) — The striking labor union of Samsung Electronics Co. held a rally on Monday, a day before resuming talks with the company to resolve the industrial action over a wage hike, union officials said. About 1,200 unionized workers of the National Samsung Electronics Union (NSEU) joined the rally at a [...]
SEOUL, Jul. 10 (Korea Bizwire) — Unionized workers at Samsung Electronics Co., staging the biggest labor action in the technology giant’s 55-year history, declared an “indefinite general strike” Wednesday, stepping up pressure over their demand for a pay raise. After a three-day strike scheduled to come to an end Wednesday, the National Samsung Electronics Union [...]
SEOUL, Jul. 8 (Korea Bizwire) — Unionized workers of Samsung Electronics Co. are set to launch a three-day strike Monday, but the planned labor action is unlikely to disrupt production at the technology giant due to low participation. The National Samsung Electronics Union (NSEU), the biggest labor union with 29,000 members, will kick off the [...]
SEOUL, Jul. 3 (Korea Bizwire) – In an unprecedented move, Samsung Electronics’ largest labor union has declared its intention to stage a full-scale strike, raising concerns about potential disruptions at the tech giant’s operations. The National Samsung Electronics Labor Union, representing approximately 28,000 workers or 22% of the company’s workforce, announced on July 1 that wage [...]
SEOUL, June 25 (Korea Bizwire) – The head of a labor union of Naver Corp., South Korea’s top internet firm, on Tuesday called for the company not to sell its stake in a joint venture in Japan that operates Line over “political pressure.” Naver has been under pressure from the Japanese government to “review its [...]
SEOUL, Jun. 7 (Korea Bizwire) – On the 31st anniversary of Samsung’s famous “New Management” declaration by its late chairman, Lee Kun-hee, a sense of crisis is gripping the tech giant as it grapples with declining profits and an unprecedented labor dispute. Since Lee’s groundbreaking speech in Frankfurt in 1993, where he warned that Samsung risked [...]