By on August 29, 2019

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After eight consecutive years of striking, South Korean Hyundai employees decided to take a season off. Preliminary reports are indicating that the workers’ union has reached a tentative wage agreement with the automaker, resolving any need to picket.

Top-notch negotiating skills likely played a role, but union members also noted that it was best not to temp fate. According to Reuters, the group said it had considered “the uncertain political and economic situation” before agreeing to terms. That’s a reference to the degrading political situation between South Korea and Japan, as well as the ongoing Sino-American trade war.  (Read More…)

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