Samsung, Union Agree to 5% Wage Hike in 2025 After Tensions Ebb
(Bloomberg) — Samsung Electronics Co. and its largest labor union have tentatively agreed to a 5.1% wage increase and stock awards for staff in 2025, signaling efforts by the two sides to defuse tensions that triggered the company’s first-ever labor strike last year. Under an initial agreement, Samsung will for the first time give 30 … Read more