• Twitter
  • Facebook
  • Instagram
  • Subscribe
  • Free Newsletter
  • My account
  • Log In
Tyrepress
  • 0Shopping Cart
  • NewsNews
    • Latest News
    • All Headlines
    • Company News
    • UK News
    • Product News
    • International News
    • Retreading
    • Career Tracks
    • Motorsport
    • Video
    • Tyrepress Videos
  • Data
    • Leading Tyre Manufacturers
    • Leading Retailers (UK)
    • Social Media Ranking
    • Online Branding
    • Brand Finance rankings
    • Blue Light Fleet Analysis
    • Astutus Research analysis
    • Premium Report
  • Features
    • Tyre Industry Conference 2020
    • Online Tyre Business 2020
    • Aftermarket 2020
    • Tyre Recycling 2020
    • Kick-starting your business webinar May 2020
  • Business Directory
    • Browse Entries
    • List Your Company on the Business Directory
  • Jobs
    • Situations vacant
    • Career Tracks
  • Classifieds
  • Magazine
    • Latest Issue
    • Read Tyres & Accessories Magazine online
    • Magazine Archive
  • Shop
    • Subscription Shop
    • Report Shop
    • Directory Shop
  • About
    • Company Profile
    • Media Information
    • Frequently Asked Questions (FAQs)
    • Legal
    • Contact Us
  • Search
  • Menu
You are here: Home1 / News2 / Product News3 / Kumho Workers Strike Over Wage Dispute

Kumho Workers Strike Over Wage Dispute

Date: 2nd July 2008 Author: Admin Comments: 0

Partial day strike action at Kumho’s two main South Korean facilities is likely to cost the company about KRW 2.98 billion (£1.4 million) a day in lost output. Strike action initiated by the Korean Confederation of Trade Unions (KCTU) began on July 2, and Kumho stated in a filing with the Korea Exchange that the strike calls for each shift and the factory to remain idle for four hours a day.

Kumho believes the strike action, which began when a final agreement over wages was not reached, will be resolved during July, however the tyremaker is not the only company currently affected by industrial disputes with the KCTU. Union workers at Hyundai and Kia have also reduced their working hours in protest against similar disputes.

Related news:

  1. Goodyear announces Huntsville closure plans
  2. Matador In Ethiopian JV
  3. Kumho Signs Third Team for ALMS Season
  4. Bridgestone Workers Vote to Strike in Australia
Comments
Comments closed
Share this entry
  • Share on Facebook
  • Share on Twitter
  • Share on LinkedIn
  • Per E-Mail teilen

Related Tags

agreement, factory, Hyundai, Kumho, Product News

Advert Location 28

Top five articles this week

Advert Location 10

© 2020 - Tyrepress
  • Twitter
  • Facebook
  • Instagram
  • WhatTyre
  • Reifenpresse
  • PneusNews
RAC Foundation to Lead NTDA Tyre Ageing Campaign Tyre Recycler Retains World Toe Wrestling Title
Scroll to top