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☆ Canada moves to end rail shutdown quickly; CN workers to return to work Friday
▼ + stars: | 2024-08-23 | by ( ) www.cnbc.com time to read: +5 min

A striking Teamsters union worker pickets outside Canadian National Railway's (CN) headquarters after being locked out by the company in Montreal, Quebec, Canada August 22, 2024. REUTERS/Evan BuhlerWorkers at Canadian National Railway will begin returning to work on Friday, the Teamsters union said, hours after the Canadian government moved to end an unprecedented rail stoppage. In a new statement during the early hours on Friday, the Teamsters union posted on X that it had taken down picket lines at CN. The rail companies previously said they were forced into the lockouts to avoid strikes at short notice. Paul Boucher, head of the Teamsters rail union, had accused CN and CPKC of being "willing to compromise rail safety and tear families apart to earn an extra buck".

Persons: Evan Buhler, CPKC, Steven MacKinnon, MacKinnon, Jonathan Abecassis, Justin Trudeau, Trudeau, Paul Boucher, Jagmeet Singh Organizations: REUTERS, Evan Buhler Workers, Canadian National Railway, Teamsters, Canadian Pacific, Canadian Industrial Relations, Canadian Pacific Kansas City, Canadian, Labour, CN, Canadian Broadcasting Corp, Liberal, Reliant, Canadian Manufacturers, New Democratic Party, Ottawa Locations: Montreal, Quebec, Canada, Canadian Pacific Kansas City, United States, Toronto, Vancouver

☆ WestJet cancels hundreds of flights after aircraft mechanics strike
▼ + stars: | 2024-06-30 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +3 min

Data from flight tracker FlightAware shows WestJet on Sunday had canceled at least 343 flights, constituting 77% of its fleet. The airline’s regional subsidiary, WestJet Encore, has canceled at least 80 flights. At Calgary International Airport, 42% of outbound flights and 40% of inbound flights have been canceled. But in an update to members on Sunday shared with CNN, the union announced the industrial relations board ruled the strike was lawful, as the board continues to mediate negotiations. The industrial relations board has not responded to CNN’s request for comment.

Persons: Canada’s, WestJet’s, “, WestJet, ’ Organizations: New, New York CNN, Labor, Aircraft Mechanics Fraternal Association, CNN, Labour, Canada Industrial Relations, Sunday, Calgary International Airport, Toronto Pearson, Edmonton, “ Locations: New York, WestJet, Canada, Vancouver

☆ Amazon was fined nearly $6 million over claims it violated a worker productivity law in California
▼ + stars: | 2024-06-19 | by ( Madeline Stone | ) www.businessinsider.com time to read: +1 min

California fined Amazon $5.9 million, saying it failed to inform employees about work quotas. A state law requires written quota details to prevent pressure and injuries among workers. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementCalifornia's Department of Industrial Relations announced Tuesday it had fined Amazon more than $5.9 million, saying the e-commerce giant had violated labor laws that require companies to inform warehouse employees of any quotas they must follow. According to the state's Warehouse Quotas law, which went into effect in January 2022, those quotas must be provided to workers in written form.

Persons: — Organizations: Amazon, Service, California's, of Industrial Relations, Business

☆ Australia to allow workers to ignore unreasonable after-hours calls and messages from bosses
▼ + stars: | 2024-02-08 | by ( Story Reuters | ) edition.cnn.com time to read: +2 min

Reuters —Australia will introduce laws giving workers the right to ignore unreasonable calls and messages from their bosses outside of work hours without penalty, with potential fines for employers that breach the rule. Similar laws giving employees a right to switch off their devices are already in place in France, Spain and other countries in the European Union. The provision stops employees from working unpaid overtime through a right to disconnect from unreasonable contact out of hours, Burke said. The bill also includes other provisions like a clearer pathway from temporary to permanent work and minimum standards for temporary workers and truck drivers. A deal had been reached between Labor, smaller parties and independents to support this bill, Greens leader Adam Bandt said on Twitter.

Persons: Tony Burke, Burke, isn’t, they’re, Anthony Albanese, Adam Bandt, ” Bandt, ’ Organizations: Reuters, European Union, Labor, ”, Greens, Twitter Locations: Australia, France, Spain

☆ Workplace Wellness Programs Have Little Benefit, Study Finds
▼ + stars: | 2024-01-15 | by ( Ellen Barry | ) www.nytimes.com time to read: +1 min

Employee mental health services have become a billion-dollar industry. New hires, once they have found the restrooms and enrolled in 401(k) plans, are presented with a panoply of digital wellness solutions, mindfulness seminars, massage classes, resilience workshops, coaching sessions and sleep apps. These programs are a point of pride for forward-thinking human resource departments, evidence that employers care about their workers. Across the study’s large population, none of the other offerings — apps, coaching, relaxation classes, courses in time management or financial health — had any positive effect. Trainings on resilience and stress management actually appeared to have a negative effect.

Persons: — Organizations: Industrial Relations, Workers Locations: British

☆ Pilots at Qantas' unit halt planned two-day strike ahead of further talks
▼ + stars: | 2023-10-31 | by ( Rishav Chatterjee | ) www.reuters.com time to read: +2 min

AFAP on Friday said that Network Aviation pilots will stop work on Wednesday and Thursday in a bid to negotiate wages. Australia's industrial relations tribunal, the Fair Works Commission (FWC), presided over a series of talks between pilots and the airline on Monday. AFAP members – who make up 90% of the pilot group at Network Aviation – won't be engaging in protected action until next week's bargaining sessions are completed, the pilots' union said. Meanwhile, Qantas expressed disappointment over the union choosing to "cause disruption and uncertainty" by threatening the strike, a few days before a meeting with the FWC. The airline will continue to work with the FWC over coming weeks to seek a resolution, it added.

Persons: Loren Elliott, AFAP, –, Tim Waterer, FWC, Rishav Chatterjee, Ayushman Ojha, Mrigank Dhaniwala Organizations: Qantas, Kingsford Smith International Airport, REUTERS, Pilots, Network Aviation, Qantas Airways, Australian Federation of Pilots, Qantas Group, Fair Works Commission, Thomson Locations: Sydney, Australia, Bengaluru

☆ Dina Powell McCormick: G20 manufacturing corridor is 'clear message' U.S. working on checks on China
▼ + stars: | 2023-09-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDina Powell McCormick: G20 manufacturing corridor is 'clear message' U.S. working on checks on ChinaRaymond McGuire, Lazard president, and Dina Powell McCormick, BDT & MSD Partners vice chairman, join CNBC's Delivering Alpha 2023 to discuss geopolitics in relation to energy and entrepreneurship, U.S.-China industrial relations and more.

Persons: Dina Powell McCormick, Raymond McGuire, Lazard Organizations: BDT, MSD Partners, CNBC's Locations: China

☆ Lazard's McGuire: AI supercomputing will increase demand on the power grid
▼ + stars: | 2023-09-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLazard's McGuire: AI supercomputing will increase demand on the power gridRaymond McGuire, Lazard president, and Dina Powell McCormick, BDT & MSD Partners vice chairman, join CNBC's Delivering Alpha 2023 to discuss geopolitics in relation to energy and entrepreneurship, U.S.-China industrial relations and more.

Persons: Lazard's McGuire, Raymond McGuire, Lazard, Dina Powell McCormick Organizations: supercomputing, BDT, MSD Partners, CNBC's Locations: China

☆ Lazard's Raymond McGuire: Deglobalization will be the reindustrialization of America
▼ + stars: | 2023-09-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLazard's Raymond McGuire: Deglobalization will be the reindustrialization of AmericaRaymond McGuire, Lazard president, and Dina Powell McCormick, BDT & MSD Partners vice chairman, join CNBC's Delivering Alpha 2023 to discuss geopolitics in relation to energy and entrepreneurship, U.S.-China industrial relations and more.

Persons: Lazard's Raymond McGuire, Deglobalization, Raymond McGuire, Lazard, Dina Powell McCormick Organizations: BDT, MSD Partners, CNBC's Locations: China

☆ Western Canada dock workers vote to accept contract offer
▼ + stars: | 2023-08-05 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Chris Helgren/File Photo/File PhotoAug 4 (Reuters) - Dock workers in Western Canada voted to accept an improved labor contract after a month-long dispute that affected trade and disrupted operations at the country's busiest ports, their union said on Friday. The vote was 74.66% in favor of the terms of the settlement, the International Longshore and Warehouse Union (ILWU) said in a statement. The union provisionally agreed to a new contract on Sunday, averting an immediate strike, but the agreement needed to be approved by workers. The government had directed the Canada Industrial Relations Board to resolve the dispute after workers rejected a previous contract. Ottawa was seeking to keep two of Canada's three busiest ports - Vancouver and Prince Rupert - open.

Persons: Chris Helgren, Prince Rupert, Seamus O'Regan, ILWU, O'Regan, David Ljunggren, Gursimran Kaur, Simon Cameron, Moore, William Mallard Organizations: Port, Warehouse Union, REUTERS, Canada Industrial Relations Board, Ottawa, Canada's, British Columbia Maritime Employers Association, Canada’s, Thomson Locations: Vancouver, Vancouver , British Columbia, Canada, Western Canada, British, Canada’s West Coast, Bengaluru

☆ Canada dock workers vote to accept contract offer
▼ + stars: | 2023-08-05 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Chris Helgren/File Photo/File PhotoAug 4 (Reuters) - Dock workers in Western Canada voted to accept an improved labor contract after a month-long dispute that affected trade and disrupted operations at the country's busiest ports, their union said on Friday. The vote was 74.66% in favor of the terms of the settlement, the International Longshore and Warehouse Union (ILWU) said in a statement. The government had directed the Canada Industrial Relations Board to resolve the dispute after workers rejected a previous contract. Ottawa was seeking to keep two of Canada's three busiest ports - Vancouver and Prince Rupert - open. The union provisionally agreed to a new contract on Sunday, averting an immediate strike, but the agreement needed to be approved by workers.

Persons: Chris Helgren, Prince Rupert, David Ljunggren, Gursimran Kaur, Simon Cameron, Moore, William Mallard Organizations: Port, Warehouse Union, REUTERS, Canada Industrial Relations Board, Ottawa, British Columbia Maritime Employers Association, Thomson Locations: Vancouver, Vancouver , British Columbia, Canada, Western Canada, British, Bengaluru

☆ New tentative labor deal reached in Canadian port negotiations
▼ + stars: | 2023-07-31 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +3 min

The International Longshore and Warehouse Union of Canada (ILWU) and the British Columbia Maritime Employers Association (BCMEA) late Sunday announced a tentative labor agreement. Canadian Labor Minister Seamus O'Regan commented Monday morning on the announcement of another tentative deal. This latest tentative deal does not mean the uncertainty is over. The first tentative labor deal was rejected by the union body in a two-day vote last week. A 14-day strike has led to more than 16 canceled sailings to the Canadian ports, according to maritime intelligence company, eeSea.

Persons: Rob Ashton, Ashton, Seamus O'Regan, Berkshire Hathaway, John Brooks, Brooks Organizations: Warehouse Union of Canada, British Columbia Maritime Employers Association, Sunday, Canada Industrial Relations, ILWU, Canadian Labor, Canadian, Canadian Pacific Kansas City, Canadian National Railway, U.S, BNSF, Union Pacific, Norfolk Southern, CSX, Pacific Kansas City Locations: Burrard, North Vancouver, British, ILWU Canada, Canadian Pacific, U.S, Berkshire, East, Pacific Kansas

☆ Canada's O'Regan considers binding agreement to end dock workers strike
▼ + stars: | 2023-07-29 | by ( ) www.reuters.com time to read: +1 min

July 29 (Reuters) - Canadian Labor Minister Seamus O'Regan said on Saturday he could impose a new collective agreement or a final binding agreement on striking dock workers following their rejection of a proposed labor contract. O'Regan said he had directed the Canada Industrial Relations Board to determine whether the rejection of the tentative agreement by the dock workers in Western Canada has eliminated the possibility of a negotiated resolution. "If the Board determines that to be the case, I have directed them to either impose a new collective agreement on the parties or impose final binding arbitration to resolve outstanding terms of the collective agreement," O'Regan said in a post on social media platform X, formerly known as Twitter. The International Longshore and Warehouse Union, representing about 7,500 dock workers, rejected a proposed labor contract on Saturday that would have ended a dispute that has already affected trade and could have more economic repercussions by disrupting operations at the country's busiest ports. Reporting by Baranjot Kaur in Bengaluru; Editing by Sandra MalerOur Standards: The Thomson Reuters Trust Principles.

Persons: Seamus O'Regan, O'Regan, " O'Regan, Baranjot Kaur, Sandra Maler Organizations: Canadian Labor, Canada Industrial Relations Board, Twitter, Warehouse Union, Thomson Locations: Western Canada, Bengaluru

☆ Exclusive: Airbus weighs separate boss for planemaking arm - sources
▼ + stars: | 2023-07-24 | by ( Tim Hepher | ) www.reuters.com time to read: +4 min

[1/2] Airbus CEO Guillaume Faury takes part in a panel discussion at the International Air Transport Association's (IATA) Annual General Meeting in Boston, Massachusetts, U.S., October 4, 2021. That mirrors a structure under which the planemaking business technically owns the two smaller divisions, Helicopters and Defence & Space, following an internal merger. Airbus says it is no longer politically driven following an agreement to limit government interference a decade ago. But such a structure would draw inevitable comparisons with the era of former planemaking chief Fabrice Bregier, who left Airbus in 2018 after a power battle with then CEO Tom Enders. INTERNAL BALANCEHaving a visible planemaking leader would more closely echo rival Boeing (BA.N), each of whose divisions has its own boss.

Persons: Guillaume Faury, Brian Snyder, Faury, apppointed, Fabrice Bregier, Tom Enders, Bruno, Alberto Gutierrez, Tim Hepher, Mark Potter Organizations: International Air Transport, REUTERS, Airbus, Helicopters, Defence, Space, Airbus Helicopters, Boeing, Thomson Locations: Boston , Massachusetts, U.S, France, Germany, Spain, Ukraine

REUTERS/Chris Helgren/File PhotoVANCOUVER, July 19 (Reuters) - Striking dock workers on Canada's Pacific coast on Wednesday issued a new 72-hour walkout notice just hours after a federal watchdog ruled their current stoppage was illegal. Amid mounting calls for resolute government action to end the strike, Prime Minister Justin Trudeau convened a meeting of the Incident Response Group. Some 7,500 dock workers have been picketing the two ports almost non-stop since July 1. Its leader, Jagmeet Singh, ruled out support for a law to end the strike. That means Trudeau would need the votes of the Conservatives, who have been trying to court workers and unions, or the separatist Bloc Quebecois.

Persons: Chris Helgren, Justin Trudeau, Trudeau, Prince Rupert, Omar Alghabra, David Eby, Pierre Poilievre, Jagmeet Singh, Steve Scherer, Ismail Shakil, David Ljunggren, Nia Williams, Chris Reese, Jonathan Oatis, Daniel Wallis, Leslie Adler Organizations: International, Warehouse Union, REUTERS, VANCOUVER, Minister's, Canada Industrial Relations, Reuters, Canadian Manufacturers, Ministers, Canadian Chamber of Commerce, New Democratic Party, NDP, Conservative Party, Conservatives, Bloc Quebecois, Liberal, Thomson, & ' $ Locations: Vancouver , British Columbia, Canada, Vancouver, Ottawa, Alberta, Saskatchewan, British Columbia

☆ Canadian port workers back on strike after voting down government-brokered deal, returning supply chain to 'turmoil'
▼ + stars: | 2023-07-19 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +9 min

Photographer: Ben Nelms/Bloomberg via Getty ImagesThe supply chain is in turmoil again with International Longshore & Warehouse Union West Coast Canada members walking off the job after a key union caucus voted down a tentative deal that had temporarily ended the West Coast ports strike last week. Rob Ashton, president of the ILWU Canada, said in a statement that it did not believe the recommendations had the ability to protect union jobs. His group estimated that the first strike would cause an average 6-8 weeks of supply chain disruption before conditions would return to normal. The National Association of Chemical Distributors told CNBC some chemical companies are expected supply chain congestion until October as a result of the strike. Critical chemicals that go into food, cleaning, water purification, and personal care, among many others, flow through the West Coast ports of Canada and down to the United States.

Persons: Prince Rupert, of Prince Rupert in Prince, Trudeau, He's, Kinder Morgan, Ben Nelms, Rob Ashton, Seamus O'Reagan, " O'Regan, Steve Lamar, Lamar, Vancouver and Prince Rupert, Destine Ozuygur, Ozuygur, Eric Byer, Byer, HLS, Captain Adil Ashiq, Ashiq, Paul Brashier, BCMEA Organizations: Prince Rupert Grain Ltd, Canadian, Enbridge Inc, Kinder, Kinder Morgan Inc, Bloomberg, Getty, Warehouse Union, Coast Canada, British Columbia Maritime Employee Association, Canada's Labor, Canada's Transport, Canada Industrial Relations Board, Logistics, CNBC, American Apparel and Footwear Association, Railway Association of Canada, U.S, Port, HLS Shipping, Association of American Railroads, National Association of Chemical Distributors, Canadian National Railroad, Government, ., U.S ., ITS Logistics Locations: of, of Prince Rupert in Prince Rupert, British Columbia, Canada, Petroliam Nasional, West, British, Vancouver, U.S, Port of Vancouver, eeSea, United States, . West Coast, East Coast, China, U.S . West Coast, U.S . East Coast, North America, East, Asia

☆ Gig workers are ‘here to stay': Singapore minister on why they shouldn't be left behind
▼ + stars: | 2023-07-17 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +3 min

watch nowSINGAPORE — Gig workers in Singapore face "vulnerabilities" that need to be addressed, said the country's senior minister of state for manpower. Gig workers face 'significant management control'The minister clarified that a legal mandate for gig workers is "not exactly the same as a union." That includes changes in matching and pricing algorithms on platforms that may affect the livelihood of gig workers. The expense-to-income ratio of gig workers was 112% in May — "significantly higher" than the median customer's 57%, DBS said. "Tripartism involves both government, platform companies in this case, and also platform workers in the unions … the three parties working closely together will form the foundation for that relationship of trust."

Persons: Koh Poh Koon, Koh, Singapore's Organizations: DBS, for, Workers, Singapore National Employers Federation Locations: SINGAPORE, Singapore

☆ UK-filmed TV shows could go ahead despite SAG strike
▼ + stars: | 2023-07-14 | by ( Amy Woodyatt | ) edition.cnn.com time to read: +2 min

London CNN —As a host of Hollywood actors join film and TV writers in a strike against major studios and streaming services, filming and production of some popular shows – including “House of the Dragon” and “Industry” – could continue, due to UK strike laws. A source with knowledge of the productions confirmed to CNN that both are Equity contract shows. Actors are calling for increased pay as well as progress on residuals paid for when films or shows are shown again, particularly on streaming services. They join 11,000 members of the Writers Guild of America, who have been on strike for two months. Production of many movies and television shows has already been shut down by the current writers’ strike, and the actors’ strike threatens to bring most remaining productions to a halt, other than on some independent films not associated with studios.

Persons: “, HBO’s, ”, Joseph Charlton, Paul Fleming Organizations: London CNN, Hollywood, “, Equity, Screen Actors, American Federation of Television, Radio Artists, “ SAG, Leavesden Studios, HBO, Industry, CNN, Warner Bros ., SAG, Wednesday, Writers Guild of America Locations: British, England, Watford, London, Cardiff, Wales, United Kingdom, United States

☆ Court Pauses Implementation of California Fast-Food Wage Law
▼ + stars: | 2022-12-31 | by ( Heather Haddon | ) www.wsj.com time to read: 1 min

Fast-food workers went on strike in November to demand that restaurant groups drop their referendum seeking to overturn a California labor law that would raise hourly wages. A state judge Friday put on hold a California law that could raise minimum wages for fast-food workers until a hearing can determine whether it should take effect next month. Save Local Restaurants, a group of franchisee and restaurant business associations, filed suit Thursday against the state’s Department of Industrial Relations challenging its intention to implement the law Jan. 1.

☆ Restaurant Group Sues to Block California Fast-Food Wage Law
▼ + stars: | 2022-12-30 | by ( Jacob Bunge | Ben Fritz | ) www.wsj.com time to read: 1 min

Efforts to block the law have drawn support from restaurant companies including McDonald’s. A restaurant industry group sued a group of California state officials Thursday, alleging that they plan to illegally begin implementing a new law that would set minimum hourly wages for fast-food workers. The group, including franchisee and restaurant business associations called Save Local Restaurants, said it filed the lawsuit in California Superior Court after the state’s Department of Industrial Relations informed them that the law would go into effect Jan. 1.

☆ South Korea's president stresses need for labour reforms
▼ + stars: | 2022-12-21 | by ( ) www.reuters.com time to read: +1 min

SEOUL, Dec 21 (Reuters) - South Korean President Yoon Suk-yeol said on Wednesday reforming practices in the labour market should be a top priority for his government's drive to improve the way the country works. "We should significantly change labour market practices in step with the fast-changing industrial structure and changes in labour demand," Yoon said, adding that the rule of law should be firmly established in labour practices. The conservative Yoon, who took office early this year, has repeatedly said his government would strictly apply the law to labour relations in a country with a long record of fractious industrial relations. The tax burden on the owners of multiple homes should be lowered to ease the burden on renters, he said. Reporting by Choonsik Yoo; Editing by Tom Hogue, Robert BirselOur Standards: The Thomson Reuters Trust Principles.

☆ Britain braces for winter of strike action as nurses walk out
▼ + stars: | 2022-12-12 | by ( Sarah Young | ) www.reuters.com time to read: +4 min

Unions are seeking double-digit pay rises to keep pace with inflation that hit 11.1% in October, the highest in 41 years. Union estimates forecast more than 1 million working days will be lost in December, making it the worst month for disruption since July 1989. Walk-outs in rail by RMT members, which started in June, are the union's biggest action for over 30 years, while for nurses, it is the first ever national strike action in the Royal College of Nursing's (RCN) 106-year-old history. MORE PROMINENT UNIONSThe walk-outs end decades of relatively stable industrial relations in Britain, compared to European neighbours such as France and Spain. "I think the world that we're in is one where we get more prominent union activity," Pickering said.

☆ Australia's Albanese wins industrial relations vote, tougher challenges ahead
▼ + stars: | 2022-12-02 | by ( Kirsty Needham | ) www.reuters.com time to read: +4 min

SYDNEY, Dec 2 (Reuters) - Australia's parliament passed legislation on Friday to reform industrial relations laws, boosting the ability of unions to negotiate with multiple employers and scrapping a construction industry watchdog. The Opposition Liberal party said it would lead to more strikes. "Businesses don't want the ideology," she said, referring to the traditional battlelines drawn between Labor, with its trade union power base, and the Liberal party, over industrial relations. The legislation passed the upper house with the support of the Greens, who said they won amendments from the government to improve parental leave that would benefit women. Legislation for a national Anti-Corruption Commission, a measure to re-establish public trust in politics, passed on Wednesday.

Summary First start-work order ever issued in South KoreaUnion calls order "equivalent to martial law"President says "Will never compromise with illegality"SEOUL, Nov 29 (Reuters) - South Korea ordered striking truckers in the cement industry to return to work on Tuesday, an unprecedented step that invokes tough strike-busting laws as construction sites run out of building materials nationwide. "I will firmly establish the rule of law between labour and management during my term and will never compromise with illegality." The cement industry estimates a cumulative output loss of about 64 billion won ($47.81 million) as of Monday, lobby group Korea Cement Association said. "MARTIAL LAW FOR CARGO WORKERS"Yoon administration is the first in the country's history to issue an order forcing striking transport workers back to their jobs. Government officials will conduct on-site investigations with police, relay the order to the 2,500 cement industry transport workers to return to work, and if they do not comply, suspend their transport licenses for 30 days.

SEOUL, Nov 29 (Reuters) - South Korea will offer "tailored" incentives to encourage Tesla to set up an electric vehicle gigafactory in the country and will minimise any risks posed by militant unions, President Yoon Suk-yeol told Reuters. Yoon held a video call with Tesla Chief Executive Elon Musk last week and Yoon's office cited Musk as saying South Korea is among the top candidate locations for a new Tesla factory. Yoon said South Korea offers highly skilled workers and his government would ensure regulations align with international standards so that foreign firms do not face unexpected financial or regulatory hurdles. Yoon credited his government's tough response to labour union strikes this year for starting the process of establishing a rule of law in industrial relations for both management and labour. About 9,600 truckers have joined the strike organised by the truckers' union, demanding a permanent guarantee of a minimum freight rate to protect against rising and unpredictable fuel costs and overwork.

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