Hyundai Cringes As Strike Happy Korean Labor Leader Takes Charge Of Union

Hyundai’s labor situation is up in the air after its union membership elects a former leader known for his contentious approach to negotiations.

Last month’s election of fiery unionist Park Yoo Ki, 50, a 27-year veteran employee of Hyundai, reportedly has given management quite a jolt. He succeeds Lee Kyung Hoon, a moderate leader ill-disposed to call strikes.

Park previously headed the Hyundai union in 2006-2007 when he called strikes that caused near-record losses for the company.

W208 - 12/8/2015 12:22:32 PM

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The cover photo reminds me of a "Where's Waldo" book I had as a kid, where you had the Red Samurai vs the Blue Samurai.

MDarringer - 12/8/2015 9:15:58 PM

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The Socialists hate a strong economy and feel duty bound to kill it. I never realized how "American" South Korea was.

HughJass - 12/13/2015 8:42:48 PM

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Surprised the Korean gov't hasn't arrested this guy for threatening their Imperial Chaebol masters.