Car Workers Suspend Strike Action
The labor unions of automobile firms, Hyundai, Kia, Daewoo, and Ssangyong, temporarily suspended their strike started last Thursday, it was reported Wednesday.
Source : Chosun Ilbo
The labor unions of automobile firms, Hyundai, Kia, Daewoo, and Ssangyong, temporarily suspended their strike started last Thursday, it was reported Wednesday. The representatives of the unions will meet with the Korean Confederation of Trade Unions (KCTU) Thursday to decide whether to continue their walk-out.
According to industry officials, the auto firms reported losses of W76.5 billion (74,500 cars) in lost production as of Wednesday. Hyundai reported the most losses at W43.36 billion, followed by Kia at W15.69 billion, Daewoo at W13.75 billion, and Ssangyong at W3.5 billion.
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