'Many employees are leaving for SK hynix': 40,000 Samsung workers are marching outside its factories to…
Tens of thousands of Samsung workers in South Korea are protesting outside factories, demanding a 7% increase in base salaries and 15% of annual operating profit as bonus pay. Employees are reportedly leaving for SK hynix due to a perceived compensation gap. Samsung has stated it will make efforts to reach an agreement, with a planned 18-day strike set to begin on May 21 if demands are not met.
- Entities
- Company: SK Hynix
- Topic: Labor Relations
- Topic: Semiconductors
- Person: Jay Y. Lee
- Company: Samsung
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