Samsung’s trade union has announced that it may go on strike because of disagreements with the company’s management over the level of employee wages, writes CNBC. As the publication notes, if the strike will take place, it will be the first in the history of the South Korean technology giant, experiencing difficult times.
Last Thursday, the union of South Korean company Samsung Electronics warned that its members may go on strike over a dispute over wages, writes CNBC. As the newspaper notes, if the strike takes place, it will be the first in the history of Samsung. It is reported that the union is demanding to raise employees’ salaries by 6%.
The union said that the company’s management excluded its members from the negotiations on salaries, writes CNBC. It is noted that the union represents about 10 thousand employees, that is, 9% of the total Samsung team. According to a spokesman for the union, the question of whether a strike will take place or not depends on the attitude of the company’s board of directors.
CNBC reminds that Samsung Electronics was founded in 1969. Throughout its history, there has not been a single strike in the company. As the newspaper notes, tension with the employees fell on difficult times for Samsung: the company’s profit in the first quarter of this year was the lowest since 2009. Samsung suffered from falling prices for its memory chips, which are its best-selling commodity.
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