SEOUL, Jan. 30 (Korea Bizwire) — The number of working days lost due to labor disputes surged by nearly 40 percent in South Korea last year, a report said Saturday, indicating a likely deterioration in labor-management relations at local firms. According to the report by the state-funded Korea Labor Institute, the number of lost work [...]
SEOUL, Nov. 19 (Korea Bizwire) — An executive of General Motors Co., the parent company of GM Korea Co., said it could withdraw from South Korea if workers at the Korean unit continue to go on strike for wage hikes amid the COVID-19 pandemic, a news report said Thursday. GM Korea workers have been staging [...]
SEOUL, Sept. 13 (Korea Bizwire) — GM Korea Co., the South Korean unit of General Motors Co., won’t likely turn around this year again due to hefty production losses driven by strikes, analysts said Friday. Unionized workers at GM Korea have held several rounds of partial and general strikes this year through Wednesday for an [...]
SEOUL, Aug. 28 (Korea Bizwire) — Unionized workers at GM Korea Co. will continue to stage a strike for an increase in wages as the company balks at the union’s demands, GM Korea’s union said Wednesday. The automaker’s 10,000-member union plans to hold an eight-hour partial strike on Friday, a full-scale walkout from Sept. 9-10 [...]