Hospital News Hubb
Advertisement Banner
  • Home
  • News
  • Technology
  • Contact
No Result
View All Result
  • Home
  • News
  • Technology
  • Contact
No Result
View All Result
Wellnessnewshubb
No Result
View All Result
Home Technology

Samsung Could Have its First Ever Strike by Workforce – Display Daily

admin by admin
May 24, 2023
in Technology


According to the Financial Times, at Samsung Electronics’ research center in Hwaseong, union activists are rallying staff to join their campaign for higher wages. The National Samsung Electronics Union, comprising around 10,000 members, is demanding a 6% pay increase while the company is only offering 4%. Unless the chairman, Lee Jae-yong, engages in negotiations, the union is threatening to stage the first-ever strike at Samsung. This comes at a challenging time for the company, which has recently posted a record loss of $3.4bn in its chip division due to an industry slump and the US-China tech rivalry.

The Samsung standoff happens against the backdrop of a broader crackdown on trade unions by South Korea’s conservative president, Yoon Suk Yeol. The labor union, representing about 9% of Samsung’s domestic workforce, has held more than 20 meetings with company officials, but to no avail. As a consequence, they have called upon the chairman to engage in discussions. However, they have not set a deadline for his response. If no negotiations occur, they plan to put the strike proposal to a vote.



Source link

Previous Post

New 5-in-1 meningitis vaccine shows promise

Next Post

Navalny: Imperialism’s right-winger in Moscow

Next Post

Navalny: Imperialism's right-winger in Moscow

Recommended

Defiant Santos says he won’t resign amid criminal indictment

7 months ago

International Youth and Students for Social Equality holds anti-war meetings in the UK

8 months ago

© Hospital News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • News
  • Technology
  • Contact

Newsletter Sign Up.

No Result
View All Result
  • Home
  • News
  • Technology
  • Contact

© 2022 Hospital News Hubb All rights reserved.

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/