Striking workers adding to Hyundai/Kia woes

Last month, wereported that that members of the Korean Confederation of Trade Unions (KCTU) went on strike in protest of a new bill allowing Hyundai and Kia Motors management more leeway in the use of sub-contract and temporary workers. Well, AFX News Limited is reporting that both companies admitted publicly Friday they have shut down all operations, as more workers join the KCTU strike. While the automakers state they will resume on the 17th, the strike comes at an important moment, as the Korean governmentinvestigates Hyundai for illegal lobbying.

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Last
month, we reported that
that members of the Korean Confederation of Trade Unions (KCTU) went on strike in protest of a new bill allowing
Hyundai and Kia Motors management more leeway in the use of sub-contract and temporary workers. Well, AFX News Limited
is reporting that both companies admitted publicly Friday they have shut down all operations, as more workers join the
KCTU strike. While the automakers state they will resume on the 17th, the strike comes at an important moment, as the
Korean government investigates Hyundai for
illegal lobbying.
[Source: AFX News Limited via Forbes]