2024-07-10 09:05:18
Business
Tech

Samsung Workers Extend Strike Indefinitely Over Wages and Benefits Dispute

Amidst growing tensions, the National Samsung Electronics Union has called for an indefinite strike involving around 30,000 members at Samsung. The dispute stems from demands for better wages and social benefits, with the union pushing for a 3.5% salary increase and additional perks which the management has been reluctant to address.

Despite Samsung's offer of a 3% raise, the strike, initially intended for three days, is now extended indefinitely, potentially disrupting production on chip lines. The union's persistence in negotiations highlights the escalating labor dispute within the technology giant, signaling a challenging period ahead for both the company and its employees.

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Heise
10. Juli 2024 um 05:09

Samsung: Union calls for indefinite strike | heise online

Economy
Finance
Politics
The National Samsung Electronics Union (NSEU) has called on its around 30,000 members to go on an indefinite strike at Samsung. This follows a three-day general strike during which the company management allegedly refused to hold talks on the employees' demands for better wages and social benefits. The strike is scheduled to begin on July 10 and this time will be continued for an indefinite period.
Business | The Guardian
10. Juli 2024 um 07:38

Samsung Electronics workers to extend strike indefinitely

Economy
Technology
Finance
Thousands of Samsung Electronics workers in South Korea have pledged to extend an indefinite strike, demanding better pay and benefits. The union representing about 30,000 staff, or a quarter of Samsung's employees in the country, said the strike was originally meant to last only three days but has been extended after management failed to hold talks. The union is pushing for a 3.5% increase in base salary and a day off to mark the union's founding, while Samsung has offered a 3% rise. The strike is already disrupting production on certain chip lines, though Samsung denies any impact on its operations.
Wirtschaft und Börsen-Nachrichten
10. Juli 2024 um 02:04

Technology conglomerate Samsung strike extended indefinitely

Economy
Finance
Technology
The strike at Samsung Electronics in South Korea has been extended indefinitely. The NSEU union, which represents around 30,000 employees, cites the lack of willingness to negotiate on the part of management. Although the company claims that production is not affected, the union disagrees and says that production is indeed affected. Despite the ongoing labor dispute, the shares of the chip giant remained stable in early trading.
New York Times - Asia Pacific
10. Juli 2024 um 07:56

Samsung Union Workers Launch Indefinite Strike

Economy
Finance
Technology
Unionized workers at Samsung Electronics have launched an indefinite strike, escalating a rare labor dispute that could disrupt the company's chip business. The strike involves an estimated 6,500 workers and is over pay and working conditions. Samsung is the world's largest maker of memory chips and a leading manufacturer of logic chips. The union is demanding a wage increase, improved bonus policies, and an extra day of vacation, as well as compensation for lost wages during the strike.
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