Workers have shut down Ulsan plant twice in past two years.
SEOUL – Labor negotiations between Hyundai and the union representing 38,000 of the Korean auto maker’s employees have broken down, setting the stage for a July 11 strike vote. Hyundai Motor Workers Union representatives walked out of the Thursday, June 28, bargaining session, saying Hyundai refused to come up with an acceptable plan for meeting their terms. The move came one day after stock prices for all Hyundai Motor Group companies dropped sharply amid word the union ...
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