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 [...]
SEOUL, Jun. 7 (Korea Bizwire) — Unionized workers of Samsung Electronics Co. were set to launch a one-day walkout over wages on Friday, a union official said, in what would be the first walkout at the technology giant. About 28,000 members of the National Samsung Electronics Union (NSEU) were set to collectively take the day [...]
SEOUL, May 29 (Korea Bizwire) — Unionized workers of Samsung Electronics Co. said Wednesday they plan to go on a strike amid stalled wage negotiations. The management of the South Korean tech giant and the company’s union have held rounds of talks and negotiations since January but failed to narrow their differences. If realized, it [...]
SEOUL, May 13 (Korea Bizwire) — The labor union of Naver Corp. on Monday voiced opposition to a possible sale of stake in the operator of the popular Line messenger app, saying protecting employees and technology concerning the app should be top priority for Naver. Naver has been under pressure from the Japanese government to [...]