Samsung Electronics' largest labor union will hold a confidence vote for its chief, Chairman Choi Seung-ho, due to backlash over a recent wage agreement. The deal includes a special semiconductor performance bonus but has faced criticism for primarily benefiting chip division employees, leading to a decline in union membership.
Samsung Electronics and its largest labor union reached a tentative wage deal, averting an 18-day strike. The agreement includes a revised bonus system and a 10.5% share of operating profits for semiconductor workers.
Samsung Electronics' largest labor union and management resumed government-led wage mediation talks Wednesday, May 20, ahead of a planned 18-day strike by nearly 48,000 workers. The core dispute centers on performance-based bonuses for the AI-driven semiconductor business.
Samsung Electronics and its largest labor union will resume government-led wage mediation talks on Wednesday morning after failing to reach an agreement on performance-based bonuses and bonus caps during marathon negotiations.
Samsung Electronics and its largest labor union will resume wage mediation talks on Wednesday morning after failing to reach an agreement during marathon negotiations. The core issue remains performance-based bonuses tied to the company's AI semiconductor business.
Samsung Electronics and its largest labor union resumed government-led wage mediation Tuesday, with a potential last-minute deal to avert a strike. The union demands fixed performance bonuses, while the company proposes maintaining the current system with adjustments. A strike could cost South Korea up to 100 trillion won.
Samsung Electronics and its labor union resumed government-led wage mediation Tuesday, aiming to avert a strike. The core dispute centers on performance-based bonuses for the AI semiconductor business, with the union demanding 15% of operating profit and management proposing 10% with a flexible system.
Samsung Electronics and its largest labor union resumed wage mediation talks on Tuesday, May 19, in a final effort to prevent a strike. The core dispute centers on performance-based bonuses for the profitable AI semiconductor business, with the union demanding fixed bonuses and the company proposing adjustments to the current incentive system.
Samsung Electronics' largest union and management resumed government-led wage talks Monday, aiming to avert a strike over performance bonuses. A court partially blocked the strike, requiring production to be maintained, but the union plans to proceed.
Samsung Electronics' largest labor union and management resumed government-led wage mediation talks Monday, seeking to avert an 18-day strike scheduled to begin Thursday over performance-based bonuses. The union demands fixed bonuses, while management proposes maintaining the current system with adjustments. A strike could cost South Korea up to $66.7 billion.
Samsung Electronics' largest union will proceed with a planned strike next week, rejecting management's proposal to resume talks without preconditions. The union demands are focused on performance-based bonuses for the semiconductor division.
Samsung Electronics' largest labor union will proceed with a planned strike next week, rejecting the company's proposal to resume talks without preconditions. The union demands fixed performance bonuses, while management offers a flexible incentive system. A strike could cost South Korea up to $66.7 billion.
Samsung Electronics' largest labor union will proceed with an 18-day strike starting next Thursday, despite management's proposal to resume talks without preconditions, over disputes on performance-based bonuses tied to AI-related semiconductor earnings.
SEOUL, May 11 (Yonhap) -- The largest labor union at Samsung Electronics on Mond...
