Samsung Electronics union, management resume talks with labor minister present
Samsung Electronics' labor and management resumed talks over performance-based bonus payment systems at 4 p.m. Wednesday, with Labor Minister Kim Young-hoon attending the negotiation session.
This came about four hours after the two sides failed to reach an agreement in their talks mediated by the National Labor Relations Commission (NLRC), and the company’s labor unions said they would proceed with an 18-day strike on Thursday as planned.
The latest talks were not mediated by the NLRC, and the minister was attending to assist the talks, according to the Ministry of Employment and Labor.
At around 11 a.m., the company’s labor and management ended their negotiations without an agreement despite extended talks in the NLRC-arranged mediation session that began Monday.
Union leader Choi Seung-ho claimed that the unions had agreed to the mediation proposal presented by the NLRC, but the company continued to stick to its position, prompting the NLRC to eventually end the session.
The unions expressed their intention to go ahead with the strike as planned. “The unions will lawfully enter a
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- Samsung workers go ahead with 18-day strike as bonus talks collapse South China Morning Post —
- Samsung, union hold final mediation amid looming possibility of last-minute deal Korea Times —
- Over 47,000 Samsung Electronics workers set to strike as wage talks break down, sending shares lower CNBC —
- What are Samsung union workers demanding and how might a strike play out? The Guardian —
- Samsung Faces Risk of Chip Disruption After Labor Talks Fail Bloomberg —