Samsung and its South Korean labor union fail to reach a pay deal; the union has said workers will strike for 18 days from May 21 if its demands are not met
I think labor union demands are unrealistic. Having 15 percent profit allocated to bonuses every year hits the bottom line meaningfully. This year is an exception. Samsung leadership is willing to offer extra ordinary bonuses this year. But a large chunk of profit allocated to
There could be a strike at Samsung! The workers union at the world's largest memory chip maker wants more of a slice of the huge AI windfall the company is reaping right now. https://www.bloomberg.com/... [image]