Seoul, May 5 (IANS) Unionised workers at Samsung Biologics, the biotech arm of Samsung Group, continued their first general strike for a fifth day on Tuesday, demanding higher wages and expanded performance-based compensation.The walkout began on Friday, with about 2,800 members out of the union’s 4,000 members taking part, according to the union.It marks the first strike since the company’s establishment in 2011, reports Yonhap news agency.After wrapping up the five-day strike, the union plans …
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Seoul, May 2 (IANS) Unionized workers at Samsung Biologics, the biotech arm of Samsung Group, continued to stage a strike on Saturday for a second day, according to union officials, with the union and the company showing little signs of bridging gaps over wages and other issues.The union of Samsung Biologics began the strike on Friday, marking the first walkout since the company’s establishment in 2011, reports Yonhap news agency.The union is seeking a 14 percent increase in both base and perfor…
Seoul, May 1 (IANS) Unionized workers at Samsung Biologics, the biotech arm of Samsung Group, began a five-day general strike on Friday, demanding higher wages and expanded performance-based compensation.The walkout marks the first labour strike since the company’s establishment in 2011.Samsung Biologics said it is deploying all available personnel to minimize disruption but acknowledged that some impact to operations may be unavoidable, reports Yonhap news agency.The company estimated that loss…