SK Hynix workers form unified union to defend profit-sharing bonus framework

Seoul [South Korea], August 10 (ANI): Employees at South Korean memory chipmaker SK Hynix are forming a companywide labor union spanning both production and office workers, escalating a conflict over management’s push to alter a profit-sharing deal reached last year, according to a news report by Korea Herald.

Citing industry sources, the report stated that around 3,800 workers have joined an online organizing group since its launch on August 5. The enrollment represents 11 per cent of the total 34,466 workforce that SK Hynix reported at the end of last year. Organizers officially submitted an application to form the unified union on Saturday.