Loading video...

Video Failed to Load

There was a problem loading this video. This could be due to a temporary network issue or the video might be unavailable.

Unionized workers at Samsung Electronics have approved a highly contentious bonus pay deal — one that averts a massive 18-day strike but also exacerbates deep disparities in fortunes among workers at the tech conglomerate

Reuters

25,834,414 subscribers

13,843 views • 1 month ago •via X (Twitter)

News & Politics Finance

Anya Rossi• Live Now

Private livecam show

0 Comments

No comments available

Comments from the original post will appear here

Related Videos

Unionized workers at South Korea's Kakao staged a four-hour strike and rally, demanding changes to the technology firm's bonus system as well as job security

Unionized workers at South Korea's Kakao staged a four-hour strike and rally, demanding changes to the technology firm's bonus system as well as job security

Reuters

38,383 views • 19 days ago

Thousands of workers at Samsung Electronics, the world’s largest chip maker and Korea’s biggest company, have launched an indefinite strike. Originally planned as a three-day action, the strike has extended indefinitely after management refused to engage in talks with the workers. So far, over 6,540 members of the National Samsung Electronics Union (NSEU), the largest union at Samsung Electronics, have participated in the strike. The union represents about 30,000 workers, or 24% of all Samsung employees. The union’s demands include a 5.6% basic pay raise for all members, a guaranteed day off on the union’s founding day, and compensation for economic losses due to the strike. Despite Samsung’s claims that the strike has not impacted production, the union reports disruptions on chip lines and that some equipment is running slower.

Thousands of workers at Samsung Electronics, the world’s largest chip maker and Korea’s biggest company, have launched an indefinite strike. Originally planned as a three-day action, the strike has extended indefinitely after management refused to engage in talks with the workers. So far, over 6,540 members of the National Samsung Electronics Union (NSEU), the largest union at Samsung Electronics, have participated in the strike. The union represents about 30,000 workers, or 24% of all Samsung employees. The union’s demands include a 5.6% basic pay raise for all members, a guaranteed day off on the union’s founding day, and compensation for economic losses due to the strike. Despite Samsung’s claims that the strike has not impacted production, the union reports disruptions on chip lines and that some equipment is running slower.

Hüseyin Dogru (Back-Up)

1,717,954 views • 1 year ago

Cory Doctorow on the Daily Show : "We need to make tech workers unionized again ... They need a union because tech workers that aren't working behind a keyboard, those tech workers, they're peeing in bottles or they're being injured at three times the national rate in an Amazon warehouse. That's how tech bosses treat the workers they're not afraid of."

Cory Doctorow on the Daily Show : "We need to make tech workers unionized again ... They need a union because tech workers that aren't working behind a keyboard, those tech workers, they're peeing in bottles or they're being injured at three times the national rate in an Amazon warehouse. That's how tech bosses treat the workers they're not afraid of."

More Perfect Union

33,954 views • 6 months ago

Samsung Electronics' shares surged after it clinched an 11th-hour deal with its South Korean union to avert a strike, although the terms — which included bonuses of around $416,000 for some workers — gave rise to some concern

Samsung Electronics' shares surged after it clinched an 11th-hour deal with its South Korean union to avert a strike, although the terms — which included bonuses of around $416,000 for some workers — gave rise to some concern

Reuters

52,250 views • 1 month ago

Samsung Electronics and its union failed to reach a pay deal, raising the risk of a strike that could disrupt chip production. South Korea's prime minister called for more dialogue as authorities monitor the situation to prevent a strike

Samsung Electronics and its union failed to reach a pay deal, raising the risk of a strike that could disrupt chip production. South Korea's prime minister called for more dialogue as authorities monitor the situation to prevent a strike

Reuters

32,256 views • 1 month ago

10,000 workers at the biggest supermarket conglomerate in the country are on strike in Colorado. "We just want to be able to afford rent and groceries and not have to live in a van"

10,000 workers at the biggest supermarket conglomerate in the country are on strike in Colorado. "We just want to be able to afford rent and groceries and not have to live in a van"

More Perfect Union

79,767 views • 1 year ago

Right now 46,000 health care workers are on the picket line in the biggest strike of the year. They work at Kaiser Permanente — a giant health conglomerate. Kaiser’s CEO makes $12 million, it has $64 billion in reserves, but it won’t give these workers the contract they need.

Right now 46,000 health care workers are on the picket line in the biggest strike of the year. They work at Kaiser Permanente — a giant health conglomerate. Kaiser’s CEO makes $12 million, it has $64 billion in reserves, but it won’t give these workers the contract they need.

More Perfect Union

77,012 views • 8 months ago

Workers at a Turkish mine clashed with police forces at a picket line in front of the mine entrance. The miners went on strike over wage and benefits losses

Workers at a Turkish mine clashed with police forces at a picket line in front of the mine entrance. The miners went on strike over wage and benefits losses

Reuters

670,329 views • 3 months ago

New York Times tech workers, who power the famous election needle, are ready to strike on Election Day. NYT recently reported a 13.6% jump in profits, but only proposed a 1% pay raise for workers. Time is running out. And New York Times Tech Guild is ready to do whatever it takes.

New York Times tech workers, who power the famous election needle, are ready to strike on Election Day. NYT recently reported a 13.6% jump in profits, but only proposed a 1% pay raise for workers. Time is running out. And New York Times Tech Guild is ready to do whatever it takes.

More Perfect Union

19,184 views • 1 year ago

Kenyan airport workers called off a strike after two days of disruption that had caused flight delays and cancelations at one of Africa's busiest air transport hubs

Kenyan airport workers called off a strike after two days of disruption that had caused flight delays and cancelations at one of Africa's busiest air transport hubs

Reuters

21,719 views • 4 months ago

BREAKING: UAW workers at UC campuses have voted yes to authorize a strike. They said they are standing with the students and workers that were recently attacked at the Gaza solidarity encampments.

BREAKING: UAW workers at UC campuses have voted yes to authorize a strike. They said they are standing with the students and workers that were recently attacked at the Gaza solidarity encampments.

BreakThrough News

190,350 views • 2 years ago

🚨#BREAKING: An Amazon strike is currently underway at multiple facilities, with thousands of workers protesting just days before Christmas 📌#StatenIsland | #NewYork Currently, hundreds of Amazon workers in Staten Island, New York, are on strike as part of a broader Amazon walkout taking place at multiple facilities. Thousands of workers are protesting, including those affiliated with the Teamsters union, who continued their strike on Friday at seven of the company’s delivery hubs just days before Christmas. At midnight on Saturday, workers at a prominent unionized warehouse in New York are expected to join the strike, according to the Teamsters video by Oliya Scootercaster 🛴

🚨#BREAKING: An Amazon strike is currently underway at multiple facilities, with thousands of workers protesting just days before Christmas 📌#StatenIsland | #NewYork Currently, hundreds of Amazon workers in Staten Island, New York, are on strike as part of a broader Amazon walkout taking place at multiple facilities. Thousands of workers are protesting, including those affiliated with the Teamsters union, who continued their strike on Friday at seven of the company’s delivery hubs just days before Christmas. At midnight on Saturday, workers at a prominent unionized warehouse in New York are expected to join the strike, according to the Teamsters video by Oliya Scootercaster 🛴

R A W S A L E R T S

909,300 views • 1 year ago

Workers at Diageo’s Guinness packaging plant in Belfast are taking to the picket lines today in a dispute over pay. They are seeking pay parity with England. No Christmas shortages are expected, but if a deal is not made, St Patrick’s Day Guinness supplies could be at risk.

Workers at Diageo’s Guinness packaging plant in Belfast are taking to the picket lines today in a dispute over pay. They are seeking pay parity with England. No Christmas shortages are expected, but if a deal is not made, St Patrick’s Day Guinness supplies could be at risk.

The Irish News

35,716 views • 6 months ago

South Korea will pursue all options, including emergency arbitration, to avoid a major labor strike at the country's biggest employer Samsung Electronics, and to minimize any damage if one does occur, its prime minister said

South Korea will pursue all options, including emergency arbitration, to avoid a major labor strike at the country's biggest employer Samsung Electronics, and to minimize any damage if one does occur, its prime minister said

Reuters

33,388 views • 1 month ago

Thousands of flights cancelled, over half a million people hit as German airport workers staged a major 24-hour strike in a dispute about pay

Thousands of flights cancelled, over half a million people hit as German airport workers staged a major 24-hour strike in a dispute about pay

Reuters

40,033 views • 1 year ago

Samsung Electronics , Hyundai Motor and other major South Korean manufacturers unveiled domestic-investment plans after a US trade deal raised concern investment in America could weaken manufacturing at home

Samsung Electronics , Hyundai Motor and other major South Korean manufacturers unveiled domestic-investment plans after a US trade deal raised concern investment in America could weaken manufacturing at home

Reuters

49,247 views • 7 months ago

Hundreds of staff at the Australian Broadcasting Corporation began a one-day strike, the first walkout in 20 years, over pay and working conditions, disrupting live news coverage at the public broadcaster

Hundreds of staff at the Australian Broadcasting Corporation began a one-day strike, the first walkout in 20 years, over pay and working conditions, disrupting live news coverage at the public broadcaster

Reuters

29,218 views • 3 months ago

SK Hynix overtook Samsung Electronics to become South Korea's most valuable listed company, marking a dramatic reversal of fortunes for a chipmaker that two decades ago nearly collapsed under debt

SK Hynix overtook Samsung Electronics to become South Korea's most valuable listed company, marking a dramatic reversal of fortunes for a chipmaker that two decades ago nearly collapsed under debt

Reuters

80,286 views • 7 days ago

Over 1,000 Samsung workers in Chennai, India, have been on strike for four weeks, making it India’s biggest strike in recent years. The protests have disrupted production at the plant, which contributed to a fifth of Samsung’s $12 billion revenue in India for 2022-23.

Over 1,000 Samsung workers in Chennai, India, have been on strike for four weeks, making it India’s biggest strike in recent years. The protests have disrupted production at the plant, which contributed to a fifth of Samsung’s $12 billion revenue in India for 2022-23.

Hüseyin Dogru (Back-Up)

578,370 views • 1 year ago