Hankook Tire resumes operations at its plants in S. Korea after strike

All News 12:34 December 19, 2021

FONT SIZESEOUL, Dec. 19 (Yonhap) -- Hankook Tire & Technology Co., the world's sixth-largest tiremaker by sales, said it resumed operations at its two plants in South Korea on Sunday, 26 days after a strike began over this year's wage deal.

The deal reached Friday includes a 6 percent increase in basic monthly pay, 5 million won (US$4,200) in performance-based pay and a bonus of 2 million won per worker.

The agreement ended the strike that began Nov. 24. It marked the first strike since the foundation of the company's labor union in 1962.

A Hankook Tire official said the company plans to normalize the production at its two plants in South Korea, which have a combined daily production capacity of 100,000 units.

From January to September, Hankook Tire's net profit more than doubled to 525.4 billion won from 235.2 billion won a year earlier.

Hankook Tire earns over 80 percent of its total revenue from abroad.

It has eight plants -- two in South Korea, one in Hungary, one in the United States, three in China and one in Indonesia -- whose combined capacity reaches 102 million tires per year.

This undated photo, provided by Hankook Tire & Technology Co., shows the company's production facilities in Daejeon, about 160 kilometers south of Seoul. (PHOTO NOT FOR SALE) (Yonhap)

CHANEL KOREA WORKERS THREATEN STRIKE ACTION OVER UNPAID WAGES AND SEXUAL HARASSMENT IN THE WORKPLACE

Posted by Louise Prance-Miles | Dec 10, 2021 |

THE WHAT? Chanel Korea workers have threatened strike action over unpaid wages and the company’s lagging efforts to prevent sexual harassment in the workplace, according to a report by the Korea Herald.

THE DETAILS Workers within Chanel cosmetic stores have stated they will walk out on their jobs for an indefinite period from 17 December should the company fail to comply with their demands.

The members are part of the Korea Confederation of Trade Unions, which is representing 390 store workers at 85 boutiques.

Kim So-hyeon, head of the union, said, “Our demands are clear. Chanel Korea shall pay holiday allowances, which have been overdue for the past two years, to shop workers. It should guarantee paid holidays, share operating profits with its workers and facilitate a working environment safe from sexual harassment.”

THE WHY? Holding a press conference outside the Chanel office in Jung-gu, central Seoul, the union stated that the company had not been paying employees for working holidays, nor working to eradicate sexual harassment issues.

Chanel stated it was, ‘thoroughly investigating the case.’