Samsung Electronics labor and management to resume negotiations tomorrow
Svmuu News: According to Yonhap News Agency, Samsung Electronics labor and management will start the second round of post-mediation at 10:00 AM local time on the 18th. Previously, the labor union had announced a total strike starting on the 21st that would last 18 days. Therefore, it is drawing attention whether the mediation can reach an agreement to resolve the conflict and avert the strike. Under the mediation of the Central Labor Relations Commission of the Ministry of Employment and Labor, labor and management held marathon negotiations from the 11th until the early hours of the 13th, but failed to narrow their differences on the criteria for performance bonuses, leading to a breakdown in talks. The commission requested the labor union to resume negotiations on the 16th, but this was rejected. Now, both labor and management have accepted the mediation request, and negotiations will restart after a five-day gap. Samsung Electronics Chairman Lee Jae-yong returned to South Korea on the 16th after an overseas business trip. Upon arriving at Seoul Gimpo Business Aviation Center, he called on the labor union to return to the negotiating table. Lee stated, "At this moment, we should unite our strength and move forward together in the same direction. Let us do our utmost once again to truly be proud of being 'Samsung people.'" Minister of Employment and Labor Kim Moon-soo also met separately with labor and management representatives on the 15th and 16th to outline the government's stance and coordinate opinions. (Jin Shi)
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
OneKey founder Yishi warns: Some older iPhone models have unfixable chip vulnerabilities, endangering seed phrase storage security.
-
2
A List of Major Global Bitcoin Exchanges
-
3
Quant Network (QNT) Token Analysis: Interoperability, Applications, and Market Outlook
-
4
Pakistan refineries report 1,860% profit surge for Q3
-
5
CAKE Token: Initial Price and Current RMB Value Analysis
-
6
OKX USDT Perpetual Contract Index Price Calculation Rules Explained
-
7
CME Launches 24/7 Crypto Futures Trading: Market Impact and Mechanism Analysis
-
8
Wrapped Cardano (WADA) Token Analysis: Value, Interoperability, and Investment Considerations
-
9
Quant hedge fund Xantium to spin out of Tudor next year in a record $9bn launch
-
10
DBEX Trading Platform Risk Alert and Overview of Mainstream Centralized Exchanges
Markets Today
Recommended Reading







