…Some 45,000 workers had been expected to take part, although it's unclear how many are affected by the court ruling should the strike go ahead. A statement from the union…
South Korean chip giant Samsung Electronics has reached an agreement with its labour union, mere hours before workers were due to begin an 18-day strike. The planned action was due to…
…Big Tech Workers at Samsung's largest chip fab staged a rally today, demanding higher pay and bonuses, comparing their compensation to what SK hynix offers its people. Big Tech SPONSORED SPONSORED…
…Samsung is facing employee protests over demands for wages that are more competitive with rival chip manufacturer SK Hynix, including removing Samsung’s cap on bonus pay, allocating more money for bonuses…
…in favour of a profit sharing deal that could result in workers taking home an average of $340,000 in bonuses (via Bloomberg ). It just goes to show what can be achieved…
…actually cut employee bonuses by 15% despite "soaring" profits. TSMC employees consequently spoke out on social media, including Facebook groups , threatening to follow the strike action of Samsung workers in South Korea…
…The union is demanding that Samsung allocate 15% of operating profit toward employee bonuses and remove limits tied to performance-based compensation. Samsung management reportedly countered with a proposal that would maintain…
…settlement even during the strike.” Samsung’s union workers are demanding 15 per cent of the company’s annual operating profit in bonuses. That works out at about $30 billion, which is…
…With more than 70 percent of Samsung's in-country workers as part of the union and as many as 50,000 prepared to walk out, the strike would cost the company…
…wide payouts and rewards tied to individual business units. Workers will receive an average wage rise of 6.2 per cent. Bonuses depend on Samsung earning an operating profit of Won200tn, about…
