Samsung union suspends strike after reaching tentative deal on bonuses - Engadget
Samsung union suspends strike after reaching tentative deal on bonuses The strike would have impacted Samsung's memory chip production. …
Samsung union suspends strike after reaching tentative deal on bonuses The strike would have impacted Samsung's memory chip production. …
… Approving the payout plan requires a majority of eligible unionized members to vote in favor; otherwise, Samsung and the unions will have to renegotiate the deal. …
… A statement from the union reported by Reuters said that the action wouldn't stop the strike from going ahead if no deal can be reached, but that the union would "engage seriously" in negotiations. …
… Details of the terms of the proposal are yet to be revealed, but the union previously pushed for Samsung to allocate 15% of its annual operating profits to employee bonuses via Tom's Hardware . The union also proposed the scrapping of a 50% annual salary cap on performance pay-outs. …
… The negotiations are further strained by fractures within Samsung's own workforce, with about 80% of the Super Enterprise Union's Samsung branch coming from the Device Solutions semiconductor division, per Digitimes , and its bargaining priorities reflect that, with the union focusing its negotiati… …
… The labor union had demanded the company allocate 15% of operating profit to bonuses for all workers, not just those at the memory chip division that supplies Tesla, Nvidia, and other big tech companies. “As the AI industry drives record operating profits, union members are in a structure where the… …
… National Samsung Electronics Union chair Choi Seung-ho said members would vote before 27 May on the deal. He promised to do his “utmost to help stabilise labour-management relations at Samsung Electronics”. The union told members to show up for work as usual on Thursday. …
… National Samsung Electronics Union acting chair Woo Ha-kyung said negotiations had collapsed because management made a one-off offer. The unions want bonuses written into contracts instead. Samsung said it would “continue to make efforts to reach an agreement with the union”. …
… A spokesperson for Intel referred WIRED to the company’s posts about the deal on social media and declined to comment further. For now, here are five outstanding questions about how Intel’s involvement could affect Terafab’s chances of success. How Big Is The “Deal”? …
… Students and union members can save $10 per line per month, and union members can also score 20% off accessories like cases, and stuff you used to be able to get with your phones, like chargers and cords. …