{
  "id": 16262784,
  "title": "Wage talks between POSCO, unionized workers break down",
  "url": "https://urgent.news/2026/10/24/wage-talks-between-posco-unionized-workers-break-down",
  "topic": "world",
  "section": "World",
  "published": "2026-10-24T02:22:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/economy/20261024/wage-talks-between-posco-unionized-workers-break-down"
  },
  "original_language": "en",
  "account": null,
  "summary": "Wage talks between POSCO Co. and its unionized workers have broken down, according to the union, which has warned of an indefinite strike starting early next month. The negotiations had been focused on wage increases and other issues, but the two sides were unable to reach an agreement. The union has demanded a 7.1 percent increase in basic salary and a bonus worth 600 percent of basic salary, while POSCO offered a 2.5 percent increase in basic pay and a one-off payment of five million won ($3,770). Last month, unionized workers at POSCO held two rounds of partial strikes after failing to narrow their differences in wage negotiations.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "Wage talks between POSCO, unionized workers break down",
        "url": "https://urgent.news/2026/10/24/wage-talks-between-posco-unionized-workers-break-down-16265245",
        "published": "2026-10-24T01:46:41.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}