Tuesday, July 15, 2025
spot_img

Samsung stares at 1st-ever workers’ strike over stalled wage negotiations

Date:

Share post:

spot_imgspot_img

Shillong, May 29: Unionised workers of Samsung Electronics said on Wednesday they plan to go on a strike amid stalled wage negotiations.

 

The management of the South Korean tech giant and the company’s union have held rounds of talks and negotiations since January but failed to narrow their differences.

 

If realised, it would mark the first-ever walkout by workers at the South Korean tech giant, reports Yonhap news agency.

 

“We declare a strike due to the management’s attitude of disregarding the workers,” the labour union said.

 

Last month, unionised workers voted in favour of a strike after failing to reach a deal on wage hikes with management.

 

Wage negotiations between management and labour broke down in February after rounds of talks over this year’s wage increase.

 

The unions have demanded a 6.5 per cent pay increase with an additional paid day off.

 

Samsung announced last month that it has agreed with its workers to an average 5.1 per cent pay raise for the year.

 

The South Korean tech giant has not had a strike since it was founded in 1969. (IANS)

spot_imgspot_img

Related articles

Need to address de-escalation; competition should not turn into conflict: EAM in Beijing

BEIJING/NEW DELHI, July 14: India and China should build on “good progress” in normalising the bilateral ties to...

Air India CEO says crash probe raises more questions

NEW DELHI, July 14: The preliminary report into the crash of Air India flight AI171 last month has...

Tribal couple tied to wooden plough, paraded through village for marrying within clan

KORAPUT, (Odisha) July 14: A young couple was allegedly tied to a wooden plough and paraded through their...

Meghalaya Athletics body concludes first phase of selection trials

Tura, July 14: The Meghalaya Athletics Association (MAA) has successfully wrapped up the first phase of its Selection...