Hyundai Transys Strike Enters One Month... Partners Tearfully Plead "Please Stop"

As the Hyundai Transys strike enters its second month and losses among partner companies expand, employees of these partner companies have called for a halt to the strike.

On the 6th, about 300 employees of Hyundai Transys partner companies held a resolution rally urging the suspension and normalization of the Hyundai Transys strike, centered around Seosan City Hall and Hosu Park in Chungcheongnam-do.

At the event, partner company executives and employees appealed that approximately 800 partner companies are suffering from management losses and worsening financial conditions due to delivery disruptions caused by the prolonged Hyundai Transys strike, which has lasted for 31 days.

A representative of a partner company said, "When deliveries stop, the partner company representatives have to run around to secure funds for employee salaries and monthly rent," adding, "Even if funds are secured, the management losses due to high interest rates fall entirely on the companies."

An employee of another partner company said, "The Hyundai Transys union's issue is about bonuses, but for us, it is a matter of livelihood," and appealed, "For the sake of the families of partner company employees, please stop the strike as soon as possible."

A representative from a Hyundai Transys partner company is reading an appeal urging the Hyundai Transys union to stop the strike. Provided by a Hyundai Transys partner company

The Hyundai Transys union began a partial strike on the 8th of last month and moved to a full strike from the 11th. The strike has continued for about 30 days as of this day. As the strike prolongs, production disruptions are also occurring at Hyundai Motor and Kia finished vehicle plants.

Hyundai Motor has suspended production on Line 1 of Ulsan Plant 1, which produces the Kona, from the 5th to the 8th. Additionally, other Hyundai Motor and Kia production lines are increasingly operating under 'gongpichi' (a method of running empty conveyor belts) due to a shortage of transmission supply.

Hyundai Transys labor and management have been negotiating wages and collective agreements since June but have yet to reach a consensus. The Hyundai Transys union plans to continue the general strike until August.

The union demands a base pay increase of 1,598,000 KRW and a performance bonus equivalent to 2% of last year's sales, while management has proposed an increase of 960,000 KRW or more and a performance bonus of 400% plus 12 million KRW. The performance bonus proposed by management amounts to 92% of last year's operating profit.