Hyundai Heavy Industries Union Holds Partial Strike for Third Day Amidst Wage and Collective Bargaining Negotiations

연합뉴스-Yonhap News Agency

Lean Right

Factuality

Ownership

(Ulsan = Yonhap News) Reporter Kim Geun-ju = The Hyundai Heavy Industries Labor Union (Hyundai Heavy Industries branch of the Korean Metal Workers' Union) continued its partial strike for the third day on the 15th.

ddaily.co.kr

Factuality

Ownership

[Digital Daily Reporter Kim Yoo-jin] The HD Hyundai Heavy Industries labor union is escalating its strike as it has failed to narrow its differences with management in this year's wage and collective bargaining negotiations. With the union currently continuing a full-member strike and a significant gap in demands between labor and management regarding performance bonuses, attention is focused on whether the wage and collective bargaining agreeme…

매일신문

Factuality

Ownership

HD Hyundai Heavy Industries is showing weakness during intraday trading. This is due to investor sentiment being dragged down by concerns over production disruptions caused by a partial strike by the labor union. According to the Korea Exchange on the 15th, as of 10:15 AM, HD Hyundai Heavy Industries is trading at 460,000 won, down 3.97% from the previous close of 479,000 won. The stock price fell to 455,500 won during the session before partia…