• Contact
Thursday, May 21, 2026
Register
Login
European Press
Advertisement
  • News
  • Business
  • Tech
  • Sport
  • Health
  • Media
  • Lifestyle
  • Video
No Result
View All Result
  • News
  • Business
  • Tech
  • Sport
  • Health
  • Media
  • Lifestyle
  • Video
No Result
View All Result
European Press
No Result
View All Result

Samsung injunction partially blocks looming worker strike. But it’s not over.

18 May 2026
in Tech
Reading Time: 5 mins read
A A
Samsung injunction partially blocks looming worker strike. But it’s not over.
ShareShareShareShareShare

Samsung has won an injunction partially blocking a planned strike by its South Korean workers later this week. However, it may not completely prevent all industrial action, with up to 50,000 Samsung employees poised to walk off the job this Thursday. If it goes ahead, it will be the largest strike in the tech company’s history.

The dispute fuelling the planned workers’ action primarily concerns bonuses. As reported by Yonhap, South Korea’s state news agency, the union has requested that Samsung set aside 15 percent of operating profits for performance-based bonuses, as well as remove the cap on such payouts and commit to a fixed formula for calculating them. Samsung has reportedly offered to allocate 10 percent of operating profits for bonuses instead, as well as issue a one-time special compensation package. 

Samsung Electronics Co. workers outside the company’s semiconductor plant in Pyeongtaek, South Korea, on Apr. 23, 2026.
Credit: SeongJoon Cho / Bloomberg via Getty Images

Initial talks collapsed last week after Samsung and the union were unable to reach an agreement, according to Reuters. Last-minute negotiations were resumed on Monday, which were facilitated by the South Korean government. Unless an agreement is reached, Samsung’s unionised workers are set to go on an 18-day strike beginning on May 21.

Support authors and subscribe to content

This is premium stuff. Subscribe to read the entire article.

Login if you have purchased

Subscribe

Gain access to all our Premium contents.
More than 100+ articles.
Subscribe Now

Related Posts:

  • Samsung’s Galaxy Book 6 Ultra is made for creative pros
    Samsung’s Galaxy Book 6 Ultra is made for creative pros
  • Samsung adds AirDrop support to Galaxy S26
    Samsung adds AirDrop support to Galaxy S26
  • I tested iPhone 17 Pro Max vs Galaxy S26 Ultra cameras
    I tested iPhone 17 Pro Max vs Galaxy S26 Ultra cameras
  • Motorola’s Razr Fold is poised to outshine Galaxy Z Fold 7
    Motorola’s Razr Fold is poised to outshine Galaxy Z Fold 7
  • Samsung releases the 2026 The Frame Pro and 3 OLED TVs (and one is basically an OLED The Frame)
    Samsung releases the 2026 The Frame Pro and 3 OLED…
  • LG W6 Wallpaper vs. The Frame Pro: Why is the Wallpaper TV so expensive?
    LG W6 Wallpaper vs. The Frame Pro: Why is the…
ShareTweetSendPinShare
Previous Post

UK Property Taxes Highest in Developed World, Business Rates Bite

Next Post

PHL stocks drop further as global oil prices rise

Related Posts

Motorola Razr Ultra and Razr+ review: I tested both. I loved one of them.
Tech

Motorola Razr Ultra and Razr+ review: I tested both. I loved one of them.

21 May 2026
‘The Boroughs’ review: Stop what you’re doing and watch retirees fight monsters in this fantastic sci-fi series
Tech

‘The Boroughs’ review: Stop what you’re doing and watch retirees fight monsters in this fantastic sci-fi series

21 May 2026
Next Post
PHL stocks drop further as global oil prices rise

PHL stocks drop further as global oil prices rise

Recommended

YouTuber Recounts Moment Captain Announces Deaths on MV Hondius

YouTuber Recounts Moment Captain Announces Deaths on MV Hondius

8 May 2026
‘Insane’ first look at Gemma Collins’s fiery, skin-tight outfit ahead of I’m A Celebrity final

‘Insane’ first look at Gemma Collins’s fiery, skin-tight outfit ahead of I’m A Celebrity final

24 April 2026
Export Finance Boost for Veteran-Led UK SMEs

Export Finance Boost for Veteran-Led UK SMEs

13 May 2026
Dreame X60 Max Ultra Complete review: The best robot vacuum for carpet of 2026, but too pricey

Dreame X60 Max Ultra Complete review: The best robot vacuum for carpet of 2026, but too pricey

16 May 2026
Owner of iconic Pat’s cheesesteaks in Philly forced to work in NY over Knicks bet

Owner of iconic Pat’s cheesesteaks in Philly forced to work in NY over Knicks bet

21 May 2026
European Press

European-press.com shares the latest news from Europe and around the world. It covers topics such as business, technology, sports, health, entertainment, and lifestyle. Feel free to get in touch with us!

Disclaimer  Privacy Policy – EU  Imprint 

Contact Us

What’s New Here!

  • Summer VAT Cut Snubs Night-Time Economy, Warns NTIA Chief
  • ‘A broken market’: What is antimicrobial resistance and how does it affect the economy?
  • Can New York win in five games?
  • Lee Andrews’ life pre-Katie Price exposed: Two marriages; ‘stalking’ denial; and how he ‘entered the realm of Islam’

Subscribe to Our Newsletter

© 2026 EUROPEAN PRESS

Translate »
No Result
View All Result
  • News
  • Business
  • Tech
  • Sport
  • Health
  • Media
  • Lifestyle
  • Video

© 2026 EUROPEAN PRESS

Not enough quota to unlock this post
Unlock left : 0
Are you sure want to cancel subscription?
×