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Unionized Bus Drivers Vote to Strike Nationwide over Wages

Unionized Bus Drivers Vote to Strike Nationwide over Wages

SEOUL, May 9 (Korea Bizwire) — Nationwide public transportation chaos is looming, as unionized bus drivers across the country have been voting overwhelmingly to strike to demand pay hikes and manpower increases in time for the implementation of a mandatory 52-hour workweek in the bus industry this summer. Some 35,000 drivers from 10 cities and [...]

GM Korea, Renault Samsung Labor Dispute Fueling Concerns for S. Korea’s Auto Industry

GM Korea, Renault Samsung Labor Dispute Fueling Concerns for S. Korea’s Auto Industry

SEOUL, Apr. 16 (Korea Bizwire) — GM Korea Co. and Renault Samsung Motors Corp., the South Korean units of U.S. and French auto giants, respectively, are mired in a dispute that is fueling concerns over the broader South Korean auto industry this year. In recent years, the two carmakers, affiliates of General Motors Co. and [...]

KB Kookmin Bank Stages Strike, 600 Branches Affected

KB Kookmin Bank Stages Strike, 600 Branches Affected

SEOUL, Jan. 8 (Korea Bizwire) — Workers at KB Kookmin Bank, South Korea’s leading lender, launched a nationwide strike Tuesday for the first time in 19 years over wage system reforms and bonuses, its labor union said. The one-day walkout started at 9 a.m., as last-minute overnight negotiations between the labor and the management did [...]

Unions of Hyundai, Kia Stage Partial Strike to Oppose Gwangju Work Project

Unions of Hyundai, Kia Stage Partial Strike to Oppose Gwangju Work Project

ULSAN, Dec. 6 (Korea Bizwire) — Unionized workers at Hyundai Motor and affiliated Kia Motors staged a partial strike on Thursday in protest of Hyundai’s possible involvement in the Gwangju job project initiated to create thousands of new low-paying jobs to help fight unemployment in provincial areas. About 80,000 Hyundai and Kia workers — 51,000 [...]