• Saapas@piefed.zip
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    16 hours ago

    Negotiations between the National Samsung Electronics Union, which represents workers in the company’s chipmaking division, and management have seemingly broken down over a single issue. According to the Financial Times, the two sides are close to agreeing on an allocation of 13% of operating profit, which works out to be roughly $340,000 USD per employee, as a bonus to the workers. However, company management is only willing to give this as a one-time offer, while the union wants the allocation to be guaranteed annually and included in the agreement that the two sides will sign.

    That “over a single issue” made it sound like some minor disagreement hah

    • Dionysus@leminal.space
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      16 hours ago

      Modern news isn’t there to inform with facts, they exist to drive public opinion in the direction the controlling class wants.

      A story reading:

      Union demands a fair share of massive profits across all employees and rejects the ruling C suites making the lions share of the profit for themselves…

      Doesn’t push the narrative the same way as:

      Union shuts down the company for 18 days costing tens of billions of dollars in losses for a single issue.