Samsung's largest labor union announced on Tuesday that it will strike for four days starting from Thursday, in order to pressure the South Korean technology giant to provide higher wages and better benefits.
According to the Zhitong Finance and Economics APP, Samsung's largest labor union announced on Tuesday that it will strike for four days starting from Thursday, in order to pressure the South Korean technology giant to provide higher wages and better benefits.
The National Samsung Electronics Union (NSEU) is Samsung Electronics' largest labor union, with more than 300,000 members, accounting for about 24% of Samsung's total employees in Korea. Lee Hyun-kuk, vice chairman of NSEU, said: "This strike is for strategic purposes, which is to harm the company's interests."
Samsung said in a statement: "The company plans to ensure that production does not stop, adhere to the principle of no work, no pay, and we will continue to work to resume negotiations with the union."
August 15th is Korea's National Day, and the union says it will refuse to work on holidays. Afterwards, the strike will proceed in the form of shift rotation, 4 groups of 3 shifts, and voluntary commuting.
According to the previous report of Zhitong Finance and Economics APP, NSEU's last strike began on July 8th and turned into an indefinite strike from July 10th. However, after a series of negotiations with management broke down, the union asked members to return to work in early August.
NSEU said at the end of the last strike: "We need to change the way we fight to reduce the economic burden on union members while continuing to pressure management. As the final negotiations failed, the strike entered a long-term stage. We will promote it through surprise strikes and compliance actions to ensure that ongoing efforts are successful."