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Hyundai, Union Reach Tentative Contract in Korea
Hyundai Motor Co. has a tentative labor agreement with its South Korean union after six weeks of mini-strikes that cost the company 76,700 units of lost production valued at 1.6 trillion won ($1.4 billion).
Workers are scheduled to vole on the pact on Monday.
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Hyundai Motor Co. has a tentative labor agreement with its South Korean union after six weeks of mini-strikes that cost the company 76,700 units of lost production valued at 1.6 trillion won ($1.4 billion).
Workers are scheduled to vole on the pact on Monday.
Contract talks had dragged on since May as the two sides disagreed on pay, eliminating overnight shifts and conferring permanent status to temporary workers.
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