The Korea Herald

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Hyundai Heavy to face unions’ resistance

By Korea Herald

Published : June 14, 2016 - 17:51

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[THE INVESTOR] Labor unions of Hyundai Heavy Industries Co. and the company’s contractors announced on June 14 that they will resist the shipbuilder’s restructuring plans.

Speaking at a press conference in Ulsan, the unions’ leaders said that the two bodies will work together and that the company is being unfair.

“Hyundai Heavy, which is said to have the strongest finances of the big three shipbuilders, is pushing the toughest plans,” the union leaders said.

“The despair of laborers in the area is becoming rage.”

Hyundai Heavy Industries Co. Hyundai Heavy Industries Co.

The plans drawn up by the company call for parts of its operations to be separated.

The unions said that the company should first change its workforce structure rather than roll out measures that will increase the number of irregular workers.

They claimed that the shipbuilder’s workforce is centered on laborers from contractors and that the structure should be changed to increase the number of regular workers employed by the shipbuilder.

However, the company said that the restructuring is unavoidable and that the plans had been drawn up in response to demands from creditors.


By Choi He-suk (cheesuk@heraldcorp.com)