SEOUL, March 4 (Korea Bizwire) – The CEO of bakery and beverage giant SPC Group was arrested Monday on charges of forcing bakers at an affiliated firm to quit their labor union and bribing a prosecution investigator. The Seoul Central District Court issued an arrest warrant for Hwang Jae-bok, citing concerns he could destroy evidence. [...]
SEOUL, Feb. 1 (Korea Bizwire) – A unified labor union encompassing four Samsung affiliates is poised for its official launch, signaling a significant development in the conglomerate’s labor relations. The integrated union held its first general assembly on January 31, marking an internal launch with the revision of regulations. The participating unions include employees from Samsung [...]
SEOUL, Jan. 23 (Korea Bizwire) – The number of labor union members in South Korea and the unionization rate, or the percentage of workers represented by a union, have both taken a downward turn, the labor ministry said Tuesday. According to the ministry’s latest data, the number of organized workers shrank by 210,000 to 2.72 [...]
SEOUL, Dec. 13 (Korea Bizwire) — Prosecutors questioned the CEO of bakery and beverage giant SPC Group on Wednesday as part of an investigation into allegations that an affiliated firm forced bakers to quit their labor union. SPC CEO Hwang Jae-bok appeared at the Seoul Central District Prosecutors Office as a suspect over allegations that [...]
SEOUL, Sept. 20 (Korea Bizwire) – Hyundai Motor Company and its labor union have decided to hire more younger workers for a new electric vehicle factory in Ulsan. Employees in their 20s and 30s will make up 30 percent of the workforce. The new Ulsan EV plant, set to be completed in 2025, will have 30 [...]
SEOUL, Aug. 11 (Korea BIzwire) — The recent collapse at a construction site in Anseong, Gyeonggi Province, resulting in the deaths of two construction workers and the serious injury of four others, is attributed to the utilization of the deck plate method and hasty construction, an umbrella labor union claimed Thursday. “In the same Anseong [...]
SEOUL, July 27 (Korea Bizwire) — The labor union of Kakao Corp. is seeking group action after the South Korean tech giant’s subsidiaries recently carried out voluntary retirement and restructuring. The Korean Confederation of Trade Unions’ Kakao Branch on Wednesday staged a protest in front of the Kakao headquarters in Seongnam, Gyeonggi Province, attended by [...]
SEOUL, June 22 (Korea Bizwire) — Hyundai Motor Co.’s labor union has requested that management provide discount benefits for purchasing new cars not only to retirees with significant tenure at the company but to all retirees. This demand has reportedly been included in this year’s list of collective bargaining items. Every year at Hyundai, approximately [...]
SEOUL, April 11 (Korea Bizwire) — The Ministry of Land, Infrastructure and Transport on Monday opened an online platform for renting construction equipment and for job searching and hiring operators. The platform aims to break the traditional structure in which workers must join a construction labor union affiliated with the militant umbrella organization Korean Confederation of [...]
SEOUL, March 15 (Korea Bizwire) — As Samsung Electronics Co. is weathering a slump in the semiconductor industry, the company plans to raise wages at a lower rate than in previous years. Industry sources said that the company proposed a base-up level of around 1 percent during its wage negotiations with the labor union. A [...]