Samsung Electronics workers in India strike, demand pay increase and better hours
Approximately 900 workers at factory near Chennai have walked out
Approximately 900 workers at factory near Chennai have walked out
Union now has more than 36,500 members
Workers who are approved for the scheme will leave company on September 30
Form part of company’s cost-saving plan ‘Step Up’
Company saw its stock price sink after results were published
Company due to post Q2 2024 results this week
First day at the company is August 12
Both companies are currently constructing facilities in Arizona
Will leave company on August 30
Information stolen was valued at $24.5 million
Union held victory rally at Giheung Campus ahead of the talks
Partnership will see the development of educational programs and targeted job training
University has close links to ASML
Purchase price of the Bangalore-based chip design services company was not disclosed
Decision made after management failed to engage in pay and benefits negotiations
Jean-Didier Allegrucci joins company as head of hardware engineering
Left Nvidia last month after almost seven years
Negotiations over pay and benefits have once again broken down
Workers angry over below-average pay rises and being blamed for “obvious management failures”
Both chip companies pledged to invest in training schemes under terms of CHIPS Act
Jun has been with the company for 24 years
Worker named by local media as 41 year-old Cesar Anguiano-Guitron
The company’s former chief business officer has been given the top job
Despite earlier delays, Arizona plant now expected to be operational by end of 2024