Samsung row set to escalate as workers’ union alleges 18 more staffers face suspension threat

The standoff between Samsung India’s management and striking workers at its Chennai plant is set to escalate. The workers’ union, backed by the Centre of Indian Trade Unions (CITU), on Wednesday alleged that the company is threatening to suspend 18 more workers from the newly-formed Samsung India Workers Union (SIWU).

Representatives of the CITU-backed SIWU and the Samsung management held another round of conciliation talks on Wednesday in the presence of Tamil Nadu labour department officials. The talks, however, failed to resolve the deadlock.

ALSO READCyient appoints Sukamal Banerjee as its Executive Director and Chief Executive Officer effective Feb 19

“We were ready to end the strike and return to work if the suspension orders against three of our SIWU workers were revoked,” E Muthukumar, CITU Kancheepuram secretary and SIWU president, told FE. “Instead, the management said they would take suspension action against 18 more workers,” he added. 

Since February 5, over 500 Samsung workers have been staging a sit-in protest against the suspension of three SIWU office-bearers. The union was registered by the state labour welfare department after a 38-day strike and 212 days of legal battle.

“Samsung remains committed to resolving any issues by directly engaging with our workers. We do not condone illegal activities carried out by certain workers that threaten industrial peace and workplace safety. It is important for all employees to adhere to company policies, and those who violate these policies will be subject to disciplinary action after due legitimate process. Our priority is to maintain a safe and stable workplace for all workers,” a Samsung India spokesperson said.

Muthukumar, however, claimed that the Indian management ignored workers’ requests for four months. “Our workers tried to meet the company’s South Korean MD during lunch break, but they called it illegal assembly,” he said. “Production was affected for only half an hour, and our workers were willing to make up for it, but instead, the company chose to suspend them,” he added.

India’s power sector needs $700 billion investment to achieve net-zero pledge, says Moody’s 

He also alleged that Samsung has employed 1,400 temporary workers and formed a workers’ committee, both of which, he claimed, violate the Factories Act. The SIWU has called for protests across four State Industries Promotion Corporation of Tamil Nadu (SIPCOT) locations and Oragadam on February 21.

 » Read More

Related Articles

Govt can act against tax treaty abuse despite PPT clause: Experts

The Central Board of Direct Taxes (CBDT) has clarified that the principal purpose test (PPT) provisions, designed to prevent tax treaty abuse, will apply prospectively only to the double taxation avoidance agreements (DTAAs) that include a PPT clause. It also stated that the PPT will not affect any other treaty provisions that may deny its

How will markets open today? FOMC meeting, gold rate and 6 more cues to watch

Indian markets are gearing up for a positive start today, with early cues from Gift Nifty pointing toward an upbeat session. This optimism follows a strong close on March 19, where the Nifty comfortably crossed the 22,900 mark, ending 0.32% higher at 22,907.60, while the Sensex gained 0.20% to settle at 75,449.05. Key global and

Nilesh Shah’s 6 market insights: What every investor should know

The markets are poised at an interesting juncture. After the recent lows, one can see some buying emerging in select pockets based on stock value and the fundamentals. Nilesh Shah, managing director at Kotak Mahindra Asset Management Company says markets are at ‘fair value’. If you are keen to understand how you need to trade

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

Govt can act against tax treaty abuse despite PPT clause: Experts

The Central Board of Direct Taxes (CBDT) has clarified that the principal purpose test (PPT) provisions, designed to prevent tax treaty abuse, will apply prospectively only to the double taxation avoidance agreements (DTAAs) that include a PPT clause. It also stated that the PPT will not affect any other treaty provisions that may deny its

How will markets open today? FOMC meeting, gold rate and 6 more cues to watch

Indian markets are gearing up for a positive start today, with early cues from Gift Nifty pointing toward an upbeat session. This optimism follows a strong close on March 19, where the Nifty comfortably crossed the 22,900 mark, ending 0.32% higher at 22,907.60, while the Sensex gained 0.20% to settle at 75,449.05. Key global and

Nilesh Shah’s 6 market insights: What every investor should know

The markets are poised at an interesting juncture. After the recent lows, one can see some buying emerging in select pockets based on stock value and the fundamentals. Nilesh Shah, managing director at Kotak Mahindra Asset Management Company says markets are at ‘fair value’. If you are keen to understand how you need to trade

Stocks To Watch: From Vedanta to Wipro- Here’s a list of 8 stocks in news today

Keeping track of every market move can be overwhelming, with companies announcing mergers, expansions, price hikes, and policy shifts almost daily. But we have got you covered. Here is a snapshot of the key stocks that will be in focus for today’s trading session. Market recap Indian stock markets ended on a positive note on

Wall Street ends higher, Treasury yields slip as Fed sees rate cuts this year

US stocks bounced on Wednesday after the US Federal Reserve left its key interest rate unchanged but hinted it would reduce borrowing costs by half a percentage point by the end of the year. Gold flipped positive, touching a record high, and US Treasury yields pared gains after the central bank lowered its economic outlook