Conglomerates Facing Wage Lawsuits Could be on the Hook for Over 8 Trillion Won

SEOUL, Aug. 12 (Korea Bizwire) — A new economic report has argued that a score of South Korean conglomerates fighting legal battles with labor unions over so-called ‘ordinary wages’ could be forced to pay out as much as 8 trillion won under the worst-case scenario. There are currently 35 companies involved in over 103 disputes over [...]