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Samsung electronics labor talks break down raising strike fears
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Labor talks between Samsung Electronics and its union broke down on Wednesday, heightening fears of a strike scheduled for May 21. The presidential office vowed to support further dialogue.
Wage negotiations between Samsung Electronics and its labor union collapsed on Wednesday, raising fears of a major strike starting May 21 involving more than 40,000 workers.
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Samsung Electronics' labor union announced on Friday that it will resume wage negotiations with management next week. The decision follows the breakdown of initial talks over bonuses and acceptance of government mediation requests. Unionized workers had threatened an 18-day general strike starting May 21.