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Samsung labour strike puts spotlight on politically-backed worker group

Business Standard LogoBusiness Standard1d ago

Samsung labour strike puts spotlight on politically-backed worker group - Business Standard

Quick Summary:

From Foxconn to Micron, companies have been lured to more business friendly policies and cheap labour under Modi's decade-long rule, especially as foreign manufacturing giants look to diversify their supply chains beyond the powerhouse of China.

In Samsung's case, the CITU privately wrote a letter in July - seen by Reuters - asking the its management for higher wages for workers who it said were forced into a "dire situation".

While employees at companies like Samsung can unionize on their own, partnering with groups like CITU, which was started in 1970, is seen by some workers as a way to garner more national support and get their voice better heard by companies.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-13 @ 16:02:07 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 736 words

Reading Time: 5 minutes read

Sentences: 25 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22490002

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 190 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

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Publisher ID: #49

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