Samsung’s South Korean union sticks to strike plan after talks offer; shares slide (opens in new tab)

Samsung Electronics’ South Korean labour union said on Friday it remained committed to a planned strike ‌starting next week, even after the company proposed resuming pay talks without conditions, sending shares down as much as 9.3%. Government-mediated negotiations between the union and the company over pay and bonus schemes collapsed this week, heightening concerns about […] The post Samsung’s South Korean union sticks to strike plan after talks offer; shares slide appeared first on OODAloop.