Samsung reaches 11th-hour deal with union to avoid strike
The truce averts what could have been a damaging strike for Samsung and the tech industry
The Japan Times
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- The truce averts what could have been a damaging strike for Samsung and the tech industry
- Samsung reaches 11th-hour deal with union to avoid strike
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- The South Korean company said late Wednesday that “labor and management have reached a tentative agreement on wages and the collective bargaining agreement.” The company’s union also confirmed suspension of plans for a strike that had been planned for M…
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Original report Samsung reaches 11th-hour deal with union to avoid strike
Publisher: The Japan Times · Published May 21, 2:00 am · japantimes.co.jp
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The short version
The truce averts what could have been a damaging strike for Samsung and the tech industry
In a last-minute reversal, Samsung Electronics reached a tentative deal with its labor union, averting a potentially crippling strike that had been scheduled to start Thursday at the world’s largest memory chipmaker
The South Korean company said late Wednesday that “labor and management have reached a tentative agreement on wages and the collective bargaining agreement.” The company’s union also confirmed suspension of plans for a strike that had been planned for May 21 to June 7
What happened
- The truce averts what could have been a damaging strike for Samsung and the tech industry
- Samsung reaches 11th-hour deal with union to avoid strike
- In a last-minute reversal, Samsung Electronics reached a tentative deal with its labor union, averting a potentially crippling strike that had been scheduled to start Thursday at the world’s largest memory chipmaker
- The South Korean company said late Wednesday that “labor and management have reached a tentative agreement on wages and the collective bargaining agreement.” The company’s union also confirmed suspension of plans for a strike that had been planned for M…
- The news follows days of back-and-forth brinkmanship and high-pressure negotiations
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Original articleSamsung reaches 11th-hour deal with union to avoid strike
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