{"id":1008859,"date":"2026-05-20T09:48:50","date_gmt":"2026-05-20T04:18:50","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1008859"},"modified":"2026-05-20T10:07:51","modified_gmt":"2026-05-20T04:37:51","slug":"samsung-elec-fails-to-clinch-deal-with-union-major-strike-to-begin-on-thursday","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/05\/20\/samsung-elec-fails-to-clinch-deal-with-union-major-strike-to-begin-on-thursday\/","title":{"rendered":"Samsung Elec fails to clinch deal with union, major strike to begin on Thursday"},"content":{"rendered":"<p>Samsung Electronics&#8217; management and its labour union failed to reach a deal on Wednesday, setting the \u200cstage for \u206048,000 \u2060workers to walk off the job on Thursday, threatening the health of South Korea&#8217;s economy and likely disrupting the global supply of semiconductors.<\/p>\n<p>Under intense pressure from the government \u2060and business \u200cgroups to avert a strike, the two sides had \u2060sought to hash out a deal on bonus payments before the 18-day strike begins.<\/p>\n<p>Samsung said in a statement that the union had made unacceptable demands and that accepting them would have \u200cshaken the company&#8217;s fundamental principles.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Samsung Electronics&#8217; management and its labour union failed to reach a deal on Wednesday, setting the \u200cstage for \u206048,000 \u2060workers to walk off the job on Thursday, threatening the health of South Korea&#8217;s economy and likely disrupting the global supply of semiconductors. Under intense pressure from the government \u2060and business \u200cgroups to avert a strike, the two sides had \u2060sought to hash out a deal on bonus payments before the 18-day strike begins. Samsung said in a statement that the union had made unacceptable demands and that accepting them would have \u200cshaken the company&#8217;s fundamental principles.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1008859","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1008859","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1008859"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1008859\/revisions"}],"predecessor-version":[{"id":1008887,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1008859\/revisions\/1008887"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1008859"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1008859"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1008859"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}