Union workers at Hyundai Motors Co. Ltd. began a 2-day strike today, as threatened by union officials last week. Some 40,000 workers at South Korea’s No.1 auto maker are seeking 10.48% increase in wages and a bonus of 30% of company profits. Published reports say the country is in store for a summer of labor unrest as the government struggles to boost the economy. Hyundai’s union is the largest and most powerful member of the 600,000-member strong Korean Federation of Trade Unions, which ...
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