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home / articles / samsung s largest union stages first ever strike ove mwn benzinga


SSNLF - Samsung's Largest Union Stages First-Ever Strike Over Pay Dispute: Report | Benzinga

For the first time in its 55-year history, Samsung Electronics Co (OTC:SSNLF) faced a strike from its largest union, marking a significant moment in the tech giant’s labor relations.

The National Samsung Electronics Union, representing around 28,400 workers, initiated the action over a longstanding pay dispute, pausing all negotiations, reported Bloomberg.

The union urged members to take a day off on Friday, strategically placed between a public holiday and the weekend, with plans to resume normal operations next week.

The move is described as a “soft start" by union deputy secretary general Lee Hyun-kuk, with potential for more strikes if management remains unresponsive, the report addded.

The ...

Full story available on Benzinga.com

Stock Information

Company Name: Samsung Electronics Co Ltd
Stock Symbol: SSNLF
Market: OTC

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