Workers at Samsung Electronics go on strike for the first time ever
CNN
A labor union representing tens of thousands of workers at Samsung in South Korea went on strike Friday, marking the first such walkout in its 55-year history.
A labor union representing tens of thousands of workers at Samsung Electronics in South Korea went on strike on Friday, marking the first such walkout in the smartphone and chipmaking giant’s 55-year history. The Nationwide Samsung Electronics Union (NSEU) said last week that its 28,000 members — just under a quarter of the company’s total workforce in the country — would stage a strike on June 7, following failed negotiations over pay and bonus arrangements. The union asked its members to take a day off on Friday, which falls between a public holiday on Thursday and the weekend. Son Woomok, a union leader, told CNN that “many employees used their annual leave today,” and at one site “all workers had taken leave so replacement personnel were deployed.” He did not provide other details. He had previously said many NSEU members work for Samsung’s flagship semiconductor unit. That division is trying to regain its former status as a top semiconductor company, according to Reuters, which says Samsung has fallen behind its competitors SK Hynix and Micron Technology in delivering chips used in artificial intelligence (AI) processors. A Samsung spokesperson told CNN that, “there is no impact on production and management activities” as a result of the one-day strike.
US satellite TV provider DirecTV has terminated its agreement to acquire Echostar’s satellite television business, which includes rival Dish TV.
China’s richest man has hit out at online shopping platforms, accusing them of starting price wars that have damaged a wide range of companies and industries as the country tackles an economic slump.
When the CEO of Indian delivery app Zomato advertised for a chief of staff on social media, it came with two large caveats.
The Jeep Gladiator was unveiled to great fanfare by then-owner Fiat Chrysler in 2018, the first pickup model for the hot brand in more than a quarter of a century. And at first it seemed like it might live up to the hype.
In between his posts on Truth Social announcing nominees for his incomingadministration, President-elect Donald Trump urged Republicans Wednesday to nix a bipartisan bill that would give journalists greater protections under federal law.
A coffee shop in Middleborough, Massachusetts, went viral overnight for offering free coffee to customers who entered the shop while dancing.
President-elect Donald Trump’s promise to further restrict immigration and roll out “mass deportations” has not been finalized, but the specter of looming policy changes is already reverberating throughout the US job market.
A recent lawsuit alleges Linda McMahon, who President-elect Donald Trump tapped to lead the Department of Education, knowingly enabled the sexual exploitation of children by a World Wrestling Entertainment (WWE) employee as early as the 1980s — allegations she denies.
Months into President Donald Trump’s first term in the White House, his Justice Department sent shockwaves through the media industry by suing to block AT&T’s takeover of CNN owner Timer Warner.
Social Security is by far one of the most popular government programs in the United States because it is critical for so many retirees’ financial security.
The US government formally proposed a partial breakup of Google on Wednesday, urging a federal judge to force a sale of the company’s Chrome web browser after a landmark ruling this year finding that Google had violated US antitrust law with its search business.