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Car Industry Faces Production Crisis Coupled with Chip Shortage and Truckers’ Strike

Car Industry Faces Production Crisis Coupled with Chip Shortage and Truckers’ Strike

SEOUL, June 10 (Korea Bizwire) — As new cars are experiencing shipping delays due to semiconductor shortages, there are concerns that the recent cargo truckers’ strike will exacerbate the delay. Industry sources said that the chip shortage has left South Korean consumers with wait times of at least one year for new Korean-made vehicles. Buyers [...]

Risk of Labor Strike Grows at Samsung as Labor-Management Conflict Continues

Risk of Labor Strike Grows at Samsung as Labor-Management Conflict Continues

SEOUL, March 29 (Korea Bizwire) — The labor and management of Samsung Electronics Co. have failed to narrow their differences in 2021 wage negotiations. Management sent an official letter to the labor union last week, saying, “If the union merges the agenda proposed in the 2021 wage negotiations with the 2022 wage negotiations, discussions would [...]

Cosmetics Salespeople at Department Stores to Strike During Chuseok Holiday

Cosmetics Salespeople at Department Stores to Strike During Chuseok Holiday

SEOUL, Sept. 16 (Korea Bizwire) — Department store salespeople from three foreign cosmetic brands will go on strike for two days during Chuseok holiday, demanding improvements to their work environment, welfare and work-life balance. Labor unions from L’Oreal Korea, Chanel Korea and Shiseido Korea under the Korean Federation of Service Workers Union are organizing the [...]

Health Workers Call Off Planned Strike After Last-minute Deal with Gov’t

Health Workers Call Off Planned Strike After Last-minute Deal with Gov’t

SEOUL, Sept. 2 (Korea Bizwire) — South Korea’s unionized health workers called off their planned strike Thursday, hours before the unionized workers were set to go on a nationwide strike amid the pandemic. The Korean Health and Medical Workers’ Union (KHMU), representing more than 56,000 nurses, pharmacists and other health care professionals, said it reached [...]