Samsung Chip Workers Reject 10% Bonus as Divisionary Tactic, Pushing Toward Strike That Could Cost $11.7 Billion ...Middle East

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Samsung Chip Workers Reject 10% Bonus as Divisionary Tactic, Pushing Toward Strike That Could Cost $11.7 Billion

As memory prices surge, employees at Samsung's Memory division have made progress with their negotiations with management. Troubles at Samsung were thrust into the limelight in April when employees took to the streets to demand 15% of the firm's operating profit as a bonus. The union members threatened a general strike lasting for 18 days and starting on May 21st if their demands were left unmet. Now, it appears that management has acquiesced to some of their demands and agreed to a 10% bonus. Samsung's Management & Workers Make Headway In Negotiations For Bonus According to members of the union […]

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