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South Korea’s Hyundai, union agree on tentative wage deal after rare full-day strike

Global - Asia Archived August 25, 2026
South Korea’s Hyundai, union agree on tentative wage deal after rare full-day strike
South Korean carmaker Hyundai Motor and the union representing its workers have reached a tentative deal on wages and bonuses, both sides said on Tuesday after a rare full-day strike.
Around 40,000 employees of a roughly 73,000-strong domestic workforce at the country’s largest carmaker walked off the job on Friday, according to union figures, in the first such action for a decade.
The union said on Monday that it had returned to talks with the company and had postponed shorter strikes planned...
Source: South China Morning Post | https://www.scmp.com/rss/91/feed - Read Original
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