BUSINESS● LOWAug 25 · Aug 25, 2026, 7:46 AM
South Korea’s Hyundai, union agree on tentative wage deal after rare full-day strike
South China Morning Post
South Korean carmaker Hyundai Motor and the union representing its workers have reached a tentative deal on wages and bonuses, both sides said on Tuesday after a rare full-day strike. Around 40,000 employees of a roughly 73,000-strong domestic workforce at the country’s largest carmaker walked off the job on Friday, according to union figures, in the first such action for a decade. The union said on Monday that it had returned to talks with the company and had postponed shorter strikes planned...
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