POSCO union warns of 'indefinite' walkout after wage talks collapse
SEOUL, Oct. 26 (Yonhap) -- Unionized workers at South Korean steelmaker POSCO wi...
Workers at South Korean steelmaker POSCO threatened an indefinite strike next week if the company fails to offer a satisfactory wage deal, the union announced on Monday. The threat emerged following the collapse of wage negotiations between POSCO and the union over the weekend. Starting at 7 a.m. on November 2, non-core production line workers at POSCO's plants in Pohang and Gwangyang will go on strike, according to union spokesperson Park Chun-su.
The union is still willing to engage in talks if the company presents new proposals before the strike begins, Park added. Should the planned strike occur, POSCO will activate its emergency operational response system and modify production levels to mitigate the impact on customers and domestic industries, the company stated in a press release.
In September, workers at the two southern South Korean plants conducted two rounds of partial strikes, marking the first industrial action by POSCO employees since the company's founding.
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- POSCO union warns of 'indefinite' walkout after wage talks collapse koreatimes.co.kr
