Hyundai Motor Union to Hold 2-Hour Partial Strike for Expanded Executives on the 25th... Supporting Minnochoong General Strike
On the morning of the 4th, in front of the National Assembly, Kim Jae-ha, Emergency Committee Chairman of the Korean Confederation of Trade Unions (KCTU), along with other emergency committee members, is holding a rally of determination at the KCTU's "Stop Labor Deterioration! Achieve the Jeon Tae-il 3 Laws! National Assembly Sit-in Protest Press Conference." [Photo by Yonhap News]
View original image[Asia Economy Reporter Kiho Sung] The Hyundai Motor Company labor union, which concluded this year's wage and collective bargaining negotiations without disputes, will initiate a partial strike targeting expanded executives on the 25th.
According to the Hyundai Motor labor union on the 23rd, the union held a meeting that day and decided to conduct a two-hour partial strike targeting expanded executives in line with the Korean Confederation of Trade Unions (KCTU)'s declaration of a general strike on the 25th.
Earlier, the KCTU held a Central Executive Committee meeting on the 19th and resolved to carry out the first general strike on the 25th to pressure the government and ruling party regarding the 'Jeon Tae-il 3 Laws.' They also plan to hold nationwide simultaneous rallies.
The number of Hyundai Motor labor union expanded executives participating in this partial strike is reported to be around 800.
However, the Hyundai Motor labor union decided not to participate in the KCTU's nationwide rallies scheduled for the 2nd and 3rd of next month. A Hyundai Motor labor union official stated, "Starting today, Ulsan City has issued administrative measures restricting events with more than 100 people to prevent the spread of the novel coronavirus (COVID-19). Therefore, only expanded executives will participate in the first general strike for now, and if the KCTU decides on a subsequent general strike, we will discuss participation again at that time."
Hot Picks Today
"Buy on Black Monday"... Japan's Nomura Forecasts 590,000 for Samsung, 4 Million for SK hynix
- "Plunged During the War, Now Surging Again"... The Real Reason Behind the 6% One-Day Silver Market Rally [Weekend Money]
- "Not Everyone Can Afford This: Inside the World of the True Top 0.1% [Luxury World]"
- "We're Now Earning 10 Million Won a Month"... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- Experts Are Already Watching Closely..."Target Stock Price 970,000 Won" Now Only the Uptrend Remains [Weekend Money]
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.