Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times

Samsung Electronics Labor-Management Post-Mediation Talks Collapse Despite Government Intervention

Samsung Electronics' labor and management have ultimately failed to reach an agreement in the post-mediation process before the National Labor Relations Commission. The two sides had been undergoing post-mediation procedures since May 12 under government mediation but were unable to narrow their differences. With the union having announced a general strike for the 21st, forecasts are growing that the government may invoke its emergency adjustment authority.

On the 13th, the National Labor Relations Commission concluded the Samsung Electronics post-mediation process at around 3 a.m. that morning. Nearly 17 hours of negotiations only reconfirmed the gap between the two sides' positions. Choi Seung-ho, chairman of the Samsung Electronics branch of the cross-enterprise union, stated: "Because the differences between the labor union and management did not narrow, we requested mediation and waited for nearly 12 hours, but the proposal only worsened." Samsung Electronics expressed deep regret in a statement released hours later, saying the unions had "continued to insist only on a rigid institutionalization framework, rejecting the company's proposal for a more flexible system tied to performance."

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.