South Korea’s Hyundai, union agree on tentative wage deal after rare full-day strike

South Korean carmaker Hyundai Motor and the union representing its workers have reached a tentative deal on wages and bonuses, both sides said on Tuesday after a rare full-day strike. Around 40,000 employees of a roughly 73,000-strong domestic workforce at the country’s largest carmaker walked off the job on Friday, ac

SK hynix union members rejected a tentative wage agreement Tuesday by just 25 votes, sending the two sides back to the negotiating table after two months of talks. Of the 15,045 votes cast, 7,535 members, or 50.08 percent, opposed the agreement, while 7,510, or 49.92 percent, supported it, the union said. Turnout reach

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

South Korea's SK Hynix union members reject wage agreement in vote  Reuters