South Korea’s Hyundai, union agree on tentative wage deal after rare full-day strike

Hyundai Motor and its labor union reached a tentative agreement regarding wages and bonuses on Tuesday following a rare full-day strike in South Korea. The deal involves representatives from the country's largest automaker and a significant portion of its domestic workforce.

The agreement follows industrial action involving approximately 40,000 employees out of a total domestic staff of roughly 73,000. The resolution marks a significant development in labor relations for the manufacturer, addressing the primary concerns that led to the recent work stoppage.