Thursday, August 9, 2012

Hyundai workers union resume strike.


Unionised workers at Hyundai Motor Company have resumed a walkout after failing to hammer out a wage deal with management.

It's 45,000-strong union puts down tools for two hours on Wednesday, demanding higher wages.

Hyundai Motors labor union said will halt work for several hours on six days between Aug. 8 and Aug. 17 and will refuse overtime work on those days. Workers at factories in Ulsan, Asan and Jeonju have also joined the strike.

The strike comes amid growing frictions between workers and management in Hyundai Motors.

Kia Motors Corp., Hyundai's smaller affiliate, plans to join the strike later this week.

Separately, workers at GM Korea, the unit of General Motors Co., also plan to strike Wednesday and Thursday.

Hyundai Motor denounced the strike in a statement. They said "it is regrettable that a labor union has decided to go on strike and interrupt negotiations at this critical point. The union walkout is counterproductive and will harm the workers and Hyundai customers, as well as the company."

The company said "We must work together to ride out the economic crisis instead of wasting time on wrangling,"




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