2024-07-08 15:05:19
Business
Technology

Samsung Employees in South Korea Go on Strike

Samsung employees in South Korea have initiated a historic three-day strike, led by the National Samsung Electronics Union, to demand higher wages, improved working conditions, and transparency in performance-based bonuses. This strike, involving around one-fifth of Samsung's workforce, marks the first general strike in the company's history and could impact semiconductor chip production, a crucial sector for South Korea's exports.

Despite the strike's focus on salary increases and additional annual leave, analysts anticipate minimal disruption to chip production due to the high level of automation. The strike highlights a shift in employee loyalty and poses a challenge for Samsung in maintaining its workforce's satisfaction and productivity amidst global competition.

AFP
8. Juli 2024 um 01:58

Samsung Employees in South Korea Go on Strike

Economy
Politics
Technology
Employees of the South Korean technology conglomerate Samsung went on a three-day strike on Monday. The union, which represents around one-fifth of Samsung's employees, had announced the strike after months of failed wage negotiations. The company's management and the union are negotiating over wage increases and transparent performance bonuses.
VnExpress English
8. Juli 2024 um 02:40

Samsung workers' union in South Korea kicks off three-day strike

Economy
Technology
A workers' union at Samsung Electronics in South Korea is staging a three-day strike starting Monday, demanding improvements to the company's performance-based bonus system and an extra day of annual leave. The union, which represents over a fifth of Samsung's workforce in the country, has warned of further strikes if their demands are not met. While the strike is unlikely to significantly impact chip production due to automation, it reflects decreased staff loyalty at one of the world's top c..
The Street
17. Juli 2024 um 00:21

Samsung union kicks off three-day strike over unfair pay TheStreet Daily Newsletter

Economy
Technology
Finance
Politics
Samsung Electronics employees in South Korea have kicked off a three-day strike over unfair pay and demands for better working conditions. The National Samsung Electronics Union, which represents around 25% of Samsung's workforce, is leading the strike to disrupt production and pressure the company to meet their demands for higher pay and an extra day of annual leave for union members. However, Samsung says it does not expect a significant impact on production as only about 5% of its workforce..
CW

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