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South Korea's Samsung workforce union suspends general strike

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Unionised employees at Samsung Electronics in South Korea have said they have decided to suspend plans for a general strike, according to local media.

South Korea's Samsung workforce union suspends general strike
An illustrative image related to: South Korea's Samsung workforce union suspends general strike, highlighting key aspects of the story. | Image source: The Express Tribune

South Korea's Samsung workforce union suspends general strike

Unionised employees at Samsung Electronics in South Korea have said they have decided to suspend plans for a general strike, according to local media.

"We will postpone the general strike scheduled for May 21-June 7 until further notice," the joint headquarters of Samsung Electronics' labour union said in a notice, Yonhap Coverage Agency reported on Wednesday.

Yet, a collective of shareholders said on Thursday they would grab judicial measure against the tentative salary agreement, calling it illegal.

The strike had originally been scheduled to begin on Thursday and last for 18 days.

Under the tentative pact, Samsung will allocate a special semiconductor performance bonus equivalent to 10.5% of enterprise performance earnings, without a cap.

The agreement will be put to a vote by union participants from Friday to Wednesday.

Source & Editorial Note

Curious Pakistan provides a concise, contextual summary of verified newsroom reports and official statements.


Source: Original News

Journalistic Transparency: This story is a curated summary prepared by Curious Pakistan.
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