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CITIBANK KOREA'S UNION LAUNCHES TWO-DAY STRIKE.
SEOUL, Dec 1 Asia Pulse - Unionized workers at Citibank Korea Inc. launched a two-day strike Thursday to protest the bank's alleged discrimination against former employees of KorAm Bank.
Citibank Korea was launched in November 2004 as a result of the merger between the local banking unit of U.S.-based financial giant Citigroup and KorAm, then the country's seventh-largest lender.
The strike is led by a union representing 2,500 former KorAm employees. "We have no choice but to strike since the management has been insincere in the past collective bargaining talks," the union said.
The bank's management said it cannot ...
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Source: HighBeam Research, CITIBANK KOREA'S UNION LAUNCHES TWO-DAY STRIKE.