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Samsung Electronics Labor Talks Enter Final Mediation Before Strike Deadline

Published: · Source: mk.co.kr

Samsung Electronics Labor Talks Enter Final Mediation Before Strike Deadline
TL;DR: Samsung Electronics management and labor enter final government-mediated talks today over a bonus dispute after nearly 12 hours of negotiations failed to reach a deal ahead of a planned June 21 general strike.
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Samsung Electronics management and labor are entering final post-mediation talks today under government mediation over a dispute involving performance bonuses. The two sides held nearly 12 hours of marathon negotiations the previous day but failed to reach a conclusion, putting attention on whether they can prevent the general strike scheduled for June 21. The latest talks are the final mediation step as labor-management conflict over bonuses continues. If an agreement is reached, the possibility of a general strike could decrease. If no common ground is found, the planned strike schedule could move forward. Both the company and the union must now narrow the remaining issues at the government-mediated table. Source: mk.co.kr

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