Financial Labor Union Temporarily Postpones 2nd General Strike to October

Members of the National Financial Industry Labor Union (Financial Labor Union) held a general strike resolution rally on Sejong-daero, Gwanghwamun, Seoul, on the 16th.

[Asia Economy Reporter Bu Aeri] The National Financial Industry Labor Union (Financial Labor Union) announced on the 27th that it will tentatively postpone the second general strike scheduled for the 30th to October.

The Financial Labor Union explained that this decision was made considering the inconvenience to financial consumers and recent financial market trends.

However, the Financial Labor Union plans to continue its struggle against the government and management through a rally condemning the Financial Supervisory Service and the Financial Services Commission, with about 400 participants including representatives from 39 branches and full-time and non-full-time executives.

The rally will be held consecutively on the 30th at 1 PM in front of the main gate of the Financial Supervisory Service in Yeouido, Seoul, and at 3 PM in front of the main gate of the Gwanghwamun Government Complex.

According to the Financial Labor Union, they plan to conduct daily negotiations with the representatives until the 4th of next month.

The Financial Labor Union is demanding, including wage increases, ▲halt to branch closures ▲maintenance of appropriate staffing ▲abolition of financial public institution innovation plans ▲abolition of the relocation of national policy banks to provincial areas.

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