Workers at Hyundai Motor in South Korea, represented by one of the country’s largest unions with more than 43,000 members, have voted decisively in favor of potential strike action. The vote follows stalled negotiations between the union and the company concerning wage increases and an extension of the retirement age.
According to the union, nearly 90% of its members have approved the option of striking if Hyundai Motor does not meet their demands. This development underscores the escalating tensions in labor relations at Hyundai Motor, a major player in South Korea’s automotive industry.
Hyundai Motor has not yet issued a response to the union’s announcement. The potential strike, if it materializes, could significantly impact Hyundai’s operations in South Korea, potentially disrupting production and supply chains.
The union’s decision to proceed with strike preparations highlights the seriousness of the deadlock and the growing discontent among workers over unresolved issues related to wages and retirement benefits.