South Korea’s railway workers end strike over rail reform plan
Korea Railway workers end strike over management overhaul plan they fear will spark mass layoffs and pay cuts
Thousands of South Korean railway workers agreed on Monday to end a three-week partial strike after lawmakers promised to reflect their opinions in the government’s controversial plan to reorganise railway services.
More than 6,000 unionised workers of the Korea Railway (Korail) – about one third of the firm’s entire staff – have been on a strike since December 9 in protest at the management overhaul plan they feared would spark mass layoffs and pay cuts.
“We’ve decided to end the strike,” the union spokesman told reporters on Monday.
The move came after Seoul lawmakers promised to form a parliamentary committee to ensure that the workers’ opinions would be reflected in the controversial reorganising process.
The eight-member committee was formally formed later on Monday.
The government this month announced a plan to spin off part of the Korail and allow several other state-run firms to buy the shares in the spinoff.