More than 30,000 Samsung union members take to the streets to demand an average bonus of $400,000 per worker — May 21 strike date looms, union points to rival SK hynix granting higher bonuses to its employees
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AI GeneratedSamsung union members, with over 30,000 rallying in South Korea, are demanding a $400,000 average bonus per worker, totaling $27 billion. The union seeks 15% of the company's operating profit for chip-division workers, a bonus cap removal, and a 7% pay increase. Samsung management offered a 10% profit allocation, a 6.2% wage hike, and benefits, but the union rejected it, citing SK hynix's higher bonuses. If unresolved, a strike starting May 21 could lead to significant losses for Samsung.