Hyundai Motor labor, management reach tentative wage agreement
Dec 19, 2017
Hyundai Motor Co.'s union and management reached a tentative wage deal, ending concerns that protracted talks, possibly extending into the new year, could further hurt the company already struggling to cope with tough times, corporate sources said Tuesday. After 39 rounds of negotiations, union leaders at South Korea's No. 1 carmaker accepted a revised wage package offered by the company, union spokesman Hong Jae-gwan said over the phone. (Yonhap)In its revised offerings, the company said it wil