Unionized workers at GM Korea said Wednesday that they will continue their partial strike this week for higher wages despite the company's statement that it may reconsider planned investments in its plants.
Hyundai Motor on Tuesday suspended a group of employees caught using brand new vehicles to run errands around its Ulsan plant.
Hyundai Motor and its union came to a tentative agreement Monday evening to freeze wages, with both sides agreeing on the need for cooperation to survive the coronavirus pandemic.
Cash-strapped Eastar Jet’s pilot union demanded the airline withdraw a plan to lay off 700 employees, adding that it still needs to deal with the unpaid wages it has owed its employees since February.
Incheon International Airport Corporation’s labor union is planning to hold a protest on Saturday, urging the state-run corporation to be transparent about offering standard employment to subcontracted employees.
STX Offshore & Shipbuilding resumed operations at a dockyard in Jinhae, South Gyeongsang, on Monday after a month-long halt due to a strike.
Jeju Air abandoned its acquisition of cash-strapped Eastar Jet, saying its shareholders didn’t think it was a good idea.
Eastar Jet and Jeju Air continue going around in circles as they trade claims and counterclaims and get no closer to a resolution.
The acquisition of Eastar Jet was brought further into doubt as the cash-strapped buyer of the airline failed for a second time in almost two weeks to deliver a list of key appointments.
No one bid for a centrally located plot of land in Seoul that cash-strapped Korean Air Lines is trying to unload.