Reported 6 months ago
In a significant move, the largest union at Samsung Electronics Co. has initiated its first strike in the company's 55-year history due to a pay dispute. The standoff, with over 28,400 workers involved, has halted discussions between the union and management over bonus payments for Samsung laborers, creating concerns about compensation and shareholder interests. The strike is seen as a symbolic start, with potential for further labor action if communication remains stalled, but is not expected to affect Samsung's production lines.
Source: YAHOO