Samsung Electronics labor and management will initiate the second round of mediation tomorrow

Deep Tide TechFlow News, May 17th, according to Yonhap News Agency, Samsung Electronics labor and management will initiate the second round of post-mediation at 10 a.m. local time on the 18th.

Previously, the labor side announced that they would launch an 18-day general strike on the 21st, so whether the mediation can reach an agreement to resolve the conflict and avoid the strike has attracted attention. Under the mediation of the Central Labor Committee of the Ministry of Employment and Labor, labor and management held marathon negotiations from the 11th to the early morning of the 13th, but failed to narrow the gap over the payment standards of performance bonuses, leading to the breakdown of negotiations. The committee requested the labor side to restart negotiations on the 16th, which was rejected; this time, both labor and management accepted the mediation request, and negotiations will restart after 5 days.

Samsung Electronics Chairman Lee Jae-yong returned to Korea after a business trip abroad on the 16th. Upon arriving at Gimpo Business Aviation Center in Seoul, he called on the labor side to return to the negotiating table. Lee Jae-yong stated that at this moment, we should unite our strength, move forward together in the same direction, and once again do our best to truly take pride in being “Samsung people.” Minister of Employment and Labor Kim Yong-woon also met separately with the labor side and the management side on the 15th and 16th, respectively, to introduce the government’s stance and coordinate opinions.