MASSIVE STRIKE POSSIBLE IF GM PULLS OUT OF SOUTH KOREA

The main gate to GM Korea's Gunsan factory is seen in Gunsan, South Korea February 13, 2018. Yonhap via REUTERS

SEOUL- South Korea General Motors (GM) workers union head has told Reuters that they will go on a full strike if the motor giant plans to leave the country and the union is factoring that the company will leave even if the strike happens.

The union spokesperson Lim Han- taek, that consists of 14 000 members said it will focus on adding pressure on GM to come up with alternatives, tackle the losses the company is experiencing in South Korea operations and have discussions with GM on avoiding possible shut downs of the remaining three plants in the country.

GM plans on shutting down the three remaining plants by May this year. GM welcomes planned decisions with the labour union and other stakeholders, as discussion will happen until the end of February.

Lim has said the union wants to tackle the possible job losses but GM wants to reenter into contract negotiations, this is impossible as GM plans are intended on withdrawing operations in the country.

He said, “But if GM says it will completely withdraw from South Korea, we will down our tools. This will be over. When GM left other markets, they did so boldly. I hope that does not happen in South Korea.”

“We don’t want to go as far as a full strike,”

“The union will make some concessions, if needed, and the government will provide financial support to GM only if it presents a thorough turnaround plan.”

Photo Credit- Reuters

 

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