hyundai car workers start first full strike in 12 years
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle

Hyundai car workers start first full strike in 12 years

Themuslimchronicle, themuslimchronicle

Themuslimchronicle, themuslimchronicleHyundai car workers start first full strike in 12 years

Partially assembled buses stand unattended at the Hyundai Motor assembly line
Seoul - AFP

Tens of thousands of unionised workers at South Korea's Hyundai Motor staged their first full strike on Monday for more than a decade after negotiations over a wage increase stalled.  

Nearly 50,000 workers at Hyundai Motor's three plants across the country -- including the main one in the southern city of Ulsan -- walked off the job throughout Monday, said a spokesman for its labour union. 

The day-long stoppage is the first full strike at the company since 2004. 

The workers would also stage a six-hour partial strike from Tuesday to Friday, the union spokesman said. 

Hyundai's union has staged partial strikes every year since 2012, including nearly 20 such stoppages this year, demanding higher wages and better benefits.

The latest demands from workers include a wage increase of 7.2 percent as well as bonuses for employees that would in total be worth 30 percent of last year's net profit.  

Hyundai is South Korea's biggest automaker and, along with its smaller affiliate Kia, forms the world's fifth-largest carmaking group. 

But it has struggled in recent years due to currency swings and slumping sales in emerging markets including China. 

Hyundai has reported a drop in net profit for 10 consecutive quarters, most recently the second quarter of this year. 

The firm has estimated the financial losses from the series of strikes staged so far this year at more than two trillion won ($1.8 billion). 

 

themuslimchronicle
themuslimchronicle

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

hyundai car workers start first full strike in 12 years hyundai car workers start first full strike in 12 years

 



Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle

GMT 06:29 2018 Sunday ,21 January

500 new trainees join US-backed Syria border force

GMT 10:31 2017 Sunday ,20 August

the history of solar eclipses

GMT 16:36 2017 Tuesday ,05 December

Gulf Air launches Bahrain Tourist Visa Service

GMT 03:19 2012 Saturday ,15 September

FREEDOM

GMT 06:56 2014 Friday ,12 September

No winners in Gaza

GMT 22:30 2012 Monday ,16 July

Sudan ruling party says protests \'ridiculous\'

GMT 07:09 2012 Wednesday ,20 June

Sudan and South Sudan border tensions

GMT 12:02 2012 Tuesday ,17 April

What the Living Do

GMT 17:33 2017 Saturday ,25 March

Caceres recalled to Paraguay squad for Brazil clash

GMT 17:18 2017 Tuesday ,19 December

Bahrain weather forecast

GMT 09:35 2017 Sunday ,29 October

Actress Annabella Sciorra accuses Weinstein of rape

GMT 13:43 2017 Thursday ,16 November

People Magazine names Blake Shelton 'sexiest man alive'

GMT 18:10 2017 Monday ,17 April

GCC Secretary-General Condemns Syria Blast
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
 
 Themuslimchronicle Facebook,themuslimchronicle facebook  Themuslimchronicle Twitter,themuslimchronicle twitter Themuslimchronicle Rss,themuslimchronicle rss  Themuslimchronicle Youtube,themuslimchronicle youtube  Themuslimchronicle Youtube,themuslimchronicle youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

muslimchronicle muslimchronicle muslimchronicle muslimchronicle
themuslimchronicle themuslimchronicle themuslimchronicle
themuslimchronicle
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
themuslimchronicle, themuslimchronicle, themuslimchronicle