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Reading: The Samsung Electronics Union declares its first-ever walkout.
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Baner Club > Blog > Technology > The Samsung Electronics Union declares its first-ever walkout.
Technology

The Samsung Electronics Union declares its first-ever walkout.

Last updated: 2024/05/29 at 1:03 PM
Published May 29, 2024
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This is the first strike at the South Korean tech giant Samsung Electronics since the union representing thousands of employees there called one five and a half decades ago.
The National Samsung Electronics Union has not ruled out a full-scale strike in the future and has announced that it would organize a one-day protest on June 7 by requesting that all of its members take use of their paid leave.
According to the union, about 28,000 workers, or more than 5% of the entire workforce of the corporation, are members.
Samsung Electronics declares that talks with the union will carry on.
The persecution of labor unions is intolerable to us now. In response to the company’s disregard for its workers, we are announcing a strike,” a union spokesperson stated.

Since the beginning of the year, Samsung Electronics’ management and the union have been in salary negotiations, but they have not been able to come to an agreement.
The union has asked for a bonus based on the company’s profits as well as a 6.5% wage increase.
The biggest manufacturer of memory chips, cellphones, and televisions worldwide is Samsung Electronics.
Experts have cautioned that a full-scale strike might have an impact on the company’s production of computer chips as well as the worldwide supply networks for electronics.

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