Hyundai Motor union launches first full-day strike in 10 years

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The Hyundai Motor Company labor union went ahead with an all-out strike for the first time in 10 years since 2016, urging the acceptance of its wage and welfare demands. With operations at factories nationwide halted and approximately 39,000 workers participating, the union announced plans for rallies in Seoul and additional partial strikes. As management maintains its stance that it is difficult to accept the union's unreasonable demands, resol…

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연합뉴스-Yonhap News Agency

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연합뉴스-Yonhap News Agency

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Cumulative strike hours reach 60 hours due to stalled wage negotiations… Revenue losses expected to exceed 2.3 trillion won. Disagreements between labor and management over bonuses, reinstatement of dismissed workers, and retirement age extension… Possibility of further strikes. The Hyundai Motor Company Labor Union (Hyundai Motor Group of the Korean Metal Workers' Union) launched an all-out strike on the 21st due to difficulties in this year's …