SEOUL, Nov. 12 (Korea Bizwire) — GM Korea Co., the South Korean unit of General Motors Co., on Monday refused to meet with its union to narrow their differences over its decision to build a separate research and development (R&D) company, which the workers see as an initial move by the carmaker to scale down [...]
SEOUL, Oct. 19 (Korea Bizwire) — Shareholders in GM Korea Co. on Friday approved the company’s plan to establish a separate R&D unit amid opposition from the union, which sees the separate unit as a move to scale down local operations over the long term, the company and the union said Friday. General Motors Co. [...]
SEOUL, March 29 (Korea Bizwire) – The chief executive officer of GM Korea Co. has called on its labor union to conclude ongoing wage negotiations by the end of March to help turn around the ailing carmaker, industry sources said Thursday. GM Korea and its labor union have made little progress in the wage talks deemed crucial to the [...]
SEOUL, Dec. 23 (Korea Bizwire) – Unionized pilots at South Korea’s largest flag carrier Korean Air Lines Co. continued their 10-day strike on Friday aimed at demanding better pay and improved working conditions. Some 190 pilots out of the total 2,300 at Korean Air took part in the second day of the strike scheduled to [...]
SEOUL, Dec. 21 (Korea Bizwire) – More than 130 scheduled flights with South Korea’s largest flag carrier Korean Air Lines Co. will be cancelled due to a walkout by unionized pilots, the transportation ministry said Wednesday. Unionized workers of Korean Air earlier said they will stage a 10-day walkout from Thursday. The scheduled strike follows [...]
SEOUL, Sept. 27 (Korea Bizwire) – Unionized workers of South Korea’s railway and subway services went on their first joint strike in 22 years Tuesday, protesting against the government’s push to implement a performance-based pay system. The members of Seoul’s two major subway labor unions launched the walkout at 9 a.m., the unions said. The [...]
SEOUL, Sept. 21 (Korea Bizwire) – South Korea’s chief financial regulator called on the nation’s umbrella bank union Wednesday to withdraw its plan to go on a general strike later this week, saying such a collective action will never win public support especially at a time when the local banking industry faces a “life-or-death” crisis. [...]
SEOUL, March 16 (Korea Bizwire) – The pilots’ union of Korean Air Lines (KAL) has released a statement outlining its official position with regards to SNS comments made by Chairman Cho Yang-ho, saying that he is “unqualified to be the CEO of an airline”. The controversy started when chairman Cho wrote a comment on a Facebook post [...]