Strikes began at Hyundai factories in South Korea

The Hyundai Motor group's trade union will hold strikes at factories across South Korea for three days this week, seeking shorter working hours and higher wages. This was reported by the Reuters news agency on September 3.

According to the publication, the Hyundai trade union in Korea includes about 40 thousand people. They announced that work will be partially stopped at enterprises in Ulsan, Chongju and Asan. Employees will leave their jobs for two hours on Wednesday and Thursday and for four hours on Friday.

It is noted that at the end of August, the union demanded that management pay a bonus of 30% of the company's net profit in 2024, when Hyundai received record high revenue from growth in the United States. A union representative said that employees also want to raise the retirement age from the legally guaranteed 60 to 64 years and switch to a 4.5-day workweek.

In 2003, the Hyundai trade union became one of the first Korean organizations to reach an agreement with the leadership on a five-day working week, while in the country most citizens worked on Saturdays, according to Reuters.

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The day before, it was reported that a cyberattack had seriously disrupted the production of Jaguar Land Rover (JLR) vehicles, including at the company's two main factories in the UK. A notice was sent to employees of the company's plants in Halewood and Solihull asking them not to go to work.

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