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Showing top 10 results for "bonus deal approval"

tomshardware.com › tech-industry

Samsung $400,000 worker bonuses near approval after clearing legal challenge — non-chip employees in line for just $4,000 launch last-minute bid to scupper deal with union

A South Korean court on Tuesday dismissed an attempt by Samsung Electronics' consumer electronics workers to block ratification of the company's AI-driven bonus deal, according to the Korea Herald , all but guaranteeing approval of a package that will pay memory chip employees roughly $400,000 each… …

May 26, 2026 · Luke James
tomshardware.com › tech-industry › big-tech

Samsung narrowly avoids 18-day chip strike after last-minute wage deal with 48,000-worker union — tentative deal, subject to workers' vote, suspends billions of dollars worth of potential losses

… Further negotiations were scheduled for May 11 and 12, but the penultimate talks broke down again on May 12 without a deal. Leaked transcripts from the talks alleged that Samsung offered memory workers a 607% bonus worth $477,000, while logic chip staff were to get as little as 50%. …

May 20, 2026 · Etiido Uko
tomshardware.com › tech-industry

Samsung's $400,000 payout for memory workers sparks revolt as other divisions get only $4,000, fueling intentional production slowdowns — internal resentment disrupts packaging operations, major AI chip project decisions to a complete halt

… That union's membership surged from 3,000 to nearly 13,000 after the deal was announced. Separately, the Korea Shareholder Action Headquarters has threatened legal action, arguing the profit-linked bonus structure requires shareholder approval under Korean law. …

May 23, 2026 · Luke James
tomshardware.com › tech-industry › artificial-intelligence

Chinese AI experts in private firms now required to secure approval before international travel — Beijing enforces policy to secure top-tier talent, expands measures beyond government

… For example, aside from the $2.5-billion Manus deal, Meta has been offering $100 million bonuses and even bigger salaries to hire experts from other companies, with one founder claiming that the social media giant offered them $1.25 billion for over four years . …

May 26, 2026 · Jowi Morales
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