Micron Taiwan Unions Threaten Strike Over Bonuses
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7 Articles
On one hand, Micron Technology is enjoying a quarterly revenue guidance of $50 billion and a gross margin approaching 86%, a veritable feast of performance. On the other hand, approximately 10,000 Taiwanese employees are preparing to take to the streets—Micron Technology is experiencing a rare "internal split." According to Reuters, the two major unions representing nearly two-thirds of Micron's employees in its Taiwan plants have entered the co…
Micron Faces Strike Threat in Taiwan: 10,000 Employees
At a time when the DRAM and HBM markets are already strained, Micron could face an additional problem. Unions at its Taiwanese locations in Taoyuan and Taichung are threatening industrial action if the memory manufacturer does not change its bonus and profit-sharing model. Together, the two organizations represent nearly 10,000 of the approximately 15,000 Micron employees at these sites. It is important to note, however, that no strike has yet b…
Micron Taiwan unions threaten strike over pay dispute
Micron Technology’s labour unions in Taiwan said on Tuesday (September 1) they were moving towards possible strike action unless the US memory-chip maker overhauls its bonus system and shares more of its profits with employees. The unions, representing Micron workers in Taoyuan and Taichung, said in a written response to Reuters that they had nearly […] The post Micron Taiwan unions threaten strike over pay dispute appeared first on Communicatio…
Micron's Taiwan workers threaten to escalate chip shortage over bonuses
Two unions that together represent roughly 10,000 Micron workers in Taiwan are preparing to organize a strike vote over the way the company calculates bonuses. A strike could make the current chip shortage even worse and lead to higher prices for phones, laptops, and other electronics. 80% of Micron employees support going on strike Micron...
Micron's Taiwan unions edge toward a strike vote over bonuses
Two unions that together represent roughly 10,000 Micron workers in Taiwan are preparing to organize a strike vote over the way the company calculates bonuses. A strike could make the current chip shortage even worse and lead to higher prices for phones, laptops, and other electronics. 80% of...
Micron stock falls 3% as Taiwan unions threaten strike over bonuses
Micron Technology MU stock fell 3% on Tuesday as concerns over a potential strike by its Taiwan-based workforce added pressure to the memory-chip maker’s shares. Labor unions representing Micron employees in Taoyuan and Taichung said they were moving toward possible strike action unless the company overhauls its bonus system and increases profit-sharing with employees. The unions told Reuters that they have nearly 10,000 members among Micron’s r…
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