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How many workers will participate in the strike at Samsung's Sriperumbudur facility by July 12, 2024?
2
Resolution / Starting Odds
Less than 5,000 • 25%
5,000 to 6,000 • 25%
6,000 to 7,000 • 25%
More than 7,000 • 25%
Official statements from the worker's union, news reports from credible sources
Story
Samsung Faces Strike by 6,540 Workers, No Disruption to Production
Jul 9, 2024, 08:13 AM
A new worker's union formed at Samsung's Sriperumbudur facility in Tamil Nadu has initiated demands for better working hours and wages for its nearly 5,000 workers. The union announced that 6,540 workers will be striking this week, primarily at manufacturing sites and in product development. Despite the strike, Samsung has stated that there is 'no disruption' to production. The strike is set to last for three days, according to the company. The union did not disclose last month's strike participation levels.
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Strike ends with all demands met • 25%
Strike ends with some demands met • 25%
Strike ends with no demands met • 25%
Strike continues into 2025 • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
3 days • 25%
4-7 days • 25%
8-14 days • 25%
More than 14 days • 25%
Yes • 50%
No • 50%
Strike ends with union winning higher wages • 25%
Strike ends with no change in wages • 25%
Strike ends with partial concessions • 25%
Strike continues beyond August 2024 • 25%
Stock price increases • 25%
Stock price decreases • 25%
Stock price remains stable • 25%
Significant volatility with no clear trend • 25%
Yes • 50%
No • 50%
Agreement on higher pay only • 25%
Agreement on extra annual leave only • 25%
Agreement on both demands • 25%
No agreement reached • 25%