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Old 07-04-2018, 11:24 AM   #1
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Default Angry GM Korea Workers Trash CEO Offices Over Missing Bonuses


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SEOUL — South Korea on Friday urged General Motors' local subsidiary and labor union to reach a wage deal swiftly, after the automaker failed to make bonus payments — and triggered a violent protest in which workers ransacked GM's executive offices.

The government said it could discuss financial support for the money-losing GM unit on condition of an agreement. GM, which in February announced it would shut one of its South Korean factories, said it will file for bankruptcy should the union refuse to make concessions by April 20.

The latest comments, made by the industry minister during a meeting with GM Korea's chief executive, came as tension escalates after the automaker was unable to make the bonus payments agreed last year and planned for Friday.

Union members protested in response, entering the CEO's office and removing and smashing chairs and desks, all caught on video.

"Should the industrial conflict seen yesterday and today happen again, it will be difficult for (GM Korea) to gain public support and government support," Paik Un-gyu, minister of trade, industry and energy, said in a statement.

GM's union accepted the company's demand for a wage freeze and no bonuses for this year, but opposes a proposal to cut benefits as well as its plan to shut down the Gunsan plant.
https://www.autoblog.com/2018/04/06/...-ransack-ceos/
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Old 07-04-2018, 11:39 AM   #2
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Default Re: Angry GM Korea Workers Trash CEO Offices Over Missing Bonuses

Peanuts and monkeys comes to mind?
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Old 07-04-2018, 11:46 AM   #3
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Default Re: Angry GM Korea Workers Trash CEO Offices Over Missing Bonuses

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Originally Posted by Charliewool View Post
Peanuts and monkeys comes to mind?
Absolutely......That's really weird and really dumb.. as if they won't be found out either ,literally not the sharpest chisels in the toolbox and there goes the bargaining power.
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Old 07-04-2018, 12:09 PM   #4
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Default Re: Angry GM Korea Workers Trash CEO Offices Over Missing Bonuses

Well... Australian GM executives won't be getting any annual bonuses from new Commodore sales anymore.

Maybe they too will trash their upper management offices in protest.
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Old 07-04-2018, 12:11 PM   #5
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Default Re: Angry GM Korea Workers Trash CEO Offices Over Missing Bonuses

How unusual - GM and bankruptcy...
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Old 07-04-2018, 02:47 PM   #6
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Default Re: Angry GM Korea Workers Trash CEO Offices Over Missing Bonuses

Maybe they just learnt they were all getting a free Captiva instead of severance pay.
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Old 07-04-2018, 03:24 PM   #7
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Default Re: Angry GM Korea Workers Trash CEO Offices Over Missing Bonuses

Thought you had to have a company making money to get a bonus. Those crazy Koreans.
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Old 07-04-2018, 03:35 PM   #8
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Default Re: Angry GM Korea Workers Trash CEO Offices Over Missing Bonuses

Nice, I'm sure alot of people have dreamt of doing this but have never had the balls, me included
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Old 07-04-2018, 06:00 PM   #9
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Default Re: Angry GM Korea Workers Trash CEO Offices Over Missing Bonuses

“But,but,but the executives earn millions and drive a Benz,get em!”
I thought that tall poppy BS only belongs in australia.
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Old 07-04-2018, 07:06 PM   #10
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Default Re: Angry GM Korea Workers Trash CEO Offices Over Missing Bonuses

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Originally Posted by XRtowcar View Post
Thought you had to have a company making money to get a bonus. Those crazy Koreans.
I agree, but a deal is a deal hey!!

cheers, Maka
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Old 07-04-2018, 07:17 PM   #11
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Default Re: Angry GM Korea Workers Trash CEO Offices Over Missing Bonuses

Koreans are well know for taking a grievance to higher levels, just look at there history of parliamentary brawls for example....

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Old 07-04-2018, 08:23 PM   #12
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Default Re: Angry GM Korea Workers Trash CEO Offices Over Missing Bonuses

Their season finale of Big Brother?
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Old 07-04-2018, 08:41 PM   #13
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Default Re: Angry GM Korea Workers Trash CEO Offices Over Missing Bonuses

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Their season finale of Big Brother?
No the crew of Big Brother taking stuff from the set

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Old 07-04-2018, 08:46 PM   #14
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Default Re: Angry GM Korea Workers Trash CEO Offices Over Missing Bonuses

Should have done the same thing here when they announced reusing the Commodore name on the Insignia.
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Old 07-04-2018, 09:00 PM   #15
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Default Re: Angry GM Korea Workers Trash CEO Offices Over Missing Bonuses

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The latest comments, made by the industry minister during a meeting with GM Korea's chief executive, came as tension escalates after the automaker was unable to make the bonus payments agreed last year and planned for Friday.
So GM welched on an agreement..........


Quote:
Union members protested in response, entering the CEO's office and removing and smashing chairs and desks, all caught on video.
Some context here, that violence was taken out on office furniture, not GM executives.
I'd call that restrained violence..
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