Seoul, May 28 (IANS) The head of South Korea’s platform giant Kakao apologised on Thursday for failing to ease concerns over ongoing wage talks.Chung Shin-a, CEO of the operator of the popular messenger service, made the remarks, a day after the labour union and the management failed to reach an agreement in their second round of mediation on wage negotiations.”I sincerely apologise for the failure to swiftly resolve various concerns and uncertainties,” Chung said in an internal notice earlier i…
Latest Labor Union News & Updates
Seoul, May 27 (IANS) A labour union at Kakao, the operator of South Korea’s popular messenger service, and the company’s management began a second round of mediation with the Gyeonggi Regional Labor Relations Commission on Wednesday, industry sources said.The mediation procedures came after the two sides failed to narrow differences in the first round of wage talks held May 18, according to sources, reports Yonhap news agency.If the regional labour office decides to suspend the mediation, unioni…
Seoul, May 27 (IANS) Unionised workers at Samsung Electronics voted to approve a wage agreement, the union said on Wednesday, easing concerns about potential disruptions to the global supply chain.In the six-day vote, 73.7 percent of the 62,616 members of the tech giant’s two largest unions approved the tentative deal. The agreement was finalised after a majority of eligible voters took part in the vote and a majority voted in favour of the proposal, reports Yonhap news agency.The labour union a…
Seoul, May 15 (IANS) Samsung Electronics’ largest labour union said on Friday it will proceed with a major strike planned for next week despite the company’s proposal to resume talks without preconditions.An official proposal was sent to the union earlier in the day, in what is seen as the management’s latest effort to avert a planned 18-day strike beginning next Thursday that could disrupt production at the world’s largest memory chipmaker.The union reaffirmed its position that it has no inte…
Seoul, May 11 (IANS) The largest labour union at Samsung Electronics on Monday reiterated its demand that the company allocate 15 per cent of operating profit to employee performance-based bonuses and remove the payout cap, warning that mediation efforts could collapse if no progress is made.Choi Seung-ho, head of the union, reaffirmed the labor group’s position ahead of follow-up mediation talks aimed at averting the union’s planned 18-day strike beginning May 21, reports Yonhap news agency.”We…
Seoul, May 3 (IANS) Samsung Biologics, the biotech arm of Samsung Group, has agreed to return to the negotiation table this week, a corporate official said on Sunday.The two sides will renegotiate on Monday under the mediation of the Jungbu regional employment and labor office, after the first round of talks fell through on Thursday.The strike is the first ever for the union, with the walkout entering its third day on Sunday, reports Yonhap news agency.”Our decision to respond to the labor minis…
Seoul, April 16 (IANS) Samsung Electronics has filed for a court injunction in connection with potential collective action by its labour union that could disrupt production, industry sources said on Thursday.According to the sources, the company made the legal request with the Suwon District Court earlier in the day in an apparent move to prevent the union from occupying key facilities, such as semiconductor production lines, in order to avoid significant operational losses, reports Yonhap news …