SEOUL, Jan. 12 (Korea Bizwire) — Samsung Electronics is on the verge of forming its first-ever majority labor union, as membership in its cross-company union has surged amid persistent employee dissatisfaction over performance-based pay, despite the company’s record profits. According to industry sources on Jan. 11, membership in the Samsung Electronics branch of the cross-company union [...]
SEOUL, Aug. 1 (Korea Bizwire) – Samsung Electronics Co.’s largest labor union on Thursday urged company Chairman Lee Jae-yong to intervene in a weekslong strike after wage negotiations failed. “It’s time for Chairman Lee to come forward and clarify his position to resolve the general strike,” the National Samsung Electronics Union (NSEU) said at a [...]
SEOUL, July 23 (Korea Bizwire) – Samsung Electronics Co. and its largest labor union resumed wage talks Tuesday but failed to reach an agreement, informed sources said. The ninth round of talks was represented by Son Woo-mok, head of the National Samsung Electronics Union (NSEU), and Kim Hyeong-ro, the company’s vice president, according to the source. [...]