Hyundai Motor labor deal clears path to production recovery
Hyundai Motor and its labor union reached a tentative wage agreement Tuesday, more than three months after negotiations began, potentially ending a protracted labor dispute that disrupted production. The two sides struck the deal during their 17th round of negotiations at Hyundai Motor’s Ulsan plant. Representatives fr
Hyundai Motor's union reaches tentative wage deal, averting more strikes
Hyundai Motor's South Korean union said on Tuesday (Aug 25) it has reached a tentative agreement with management, averting further production losses after staging its first full strike in a decade on Friday, following a series of partial stoppages.The union had demanded higher bonuses, an increase in the retirement age
