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Hyundai Union Sets Three-Day Partial Strikes at South Korean Plants Over Pay and Hours

Workers seek a profit‑linked bonus, a 4.5‑day week, plus a higher retirement age after a late‑August strike mandate.

Overview

  • Walkouts are scheduled for two hours on Wednesday and Thursday and four hours on Friday at factories in Ulsan, Jeonju, and Asan.
  • The union, which has about 40,000 members, is pushing for a bonus equal to 30% of Hyundai’s 2024 net income tied to record revenue.
  • Demands also include raising the retirement age to 64 and moving to a 4.5‑day work week, according to a union spokesperson.
  • A majority of members voted on August 25 to authorize industrial action after negotiations and mediation ended without a deal.
  • Coverage suggests the brief stoppages could affect output of various Hyundai and Genesis models, though Hyundai had no immediate comment.