[Breaking] SK hynix workers narrowly reject wage deal as 50.1% vote against

Unionized workers at SK hynix have rejected a tentative wage deal that would have paid 60 percent of their performance bonus in company shares, with 50.1 percent voting against the agreement. The production workers’ union held the vote Monday and Tuesday among about 16,000 eligible members, rejecting the tentative agreement reached with management after two months of negotiations. Under the proposed deal, 40 percent of the company’s excess profit-sharing bonus would have been paid in cash, while

By The Korea Herald