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🟣HYUNDAI AVOIDS STRIKE WITH UNION

🟣HYUNDAI AVOIDS STRIKE WITH UNION

Day: 08 | Time: 16:54:31 Hyundai Motor Co has reached a provisional wage agreement with the workers' union in South Korea, thereby avoiding a strike and production losses. The agreement includes an increase in the base monthly salary of 111,200 won ($80.46) and bonuses for the workers. The negotiations between the car company and the union lasted for 46 days. South Korea is Hyundai's main manufacturing base.

Hyundai Motor Co reached a tentative wage agreement with its South Korean labour union on Monday