Samsung Workers Go On Strike For The First Time In More Than Five Decades, Approximately 28,000 People Protesting For Better Monetary Compensation

Samsung Workers Go On Strike For The First Time In More Than Five Decades, Approximately 28,000 People Protesting For Better Monetary Compensation

The National Samsung Electronics Union, or NSEU, and the Korean giant failed to come to an agreement regarding the workers’ compensation increases and bonuses, resulting in a one-day protest. Around 28,000 employees have gathered around the company’s office, demanding better pay, with the event transpiring at a time when Samsung just recently experienced a financial rebound, posting a whopping 933 percent operating profit for Q1 2024. With the firm’s competitors working round the clock to ensure that they gain an edge in the artificial intelligence race, Samsung has another obstacle to overcome here. One NSEU official said that the purpose […]

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