South Korean labor unions throughout the country’s vehicle production plants are threatening to strike for increased wages, substantial profit sharing and other financial considerations, despite a slump in sales and profits in the year’s first half. The Hyundai Motor Co. Ltd. workers’ union announced June 11 that it was filing a request to begin a 10-day compulsory pre-strike government mediation session to begin today (June 14). Negotiations have been ongoing since May 11. The union ...
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