Samsung Electronics and its workers’ union returned to the negotiating table Wednesday as time runs short to prevent a massive work stoppage that could impact the technology giant and create ripple effects across worldwide supply networks.
With pressure mounting from South Korean officials and industry leaders, both parties are working to reach an agreement on bonus compensation issues before approximately 48,000 employees begin their planned 18-day work stoppage Thursday.
Extended negotiations lasting over 15 hours on Tuesday failed to yield a resolution, with the parties unable to close the divide on what government mediator Park Su-keun described late Tuesday as “the most important issue,” though he did not provide additional details.
