Saturday, October 08, 2016

Samsung's medieval practices exposed...

Samsung's corporate culture is ruthlessly geared towards maximizing profit to the detriment of the everyday lives of its workers, according to the International Trade Union Confederation (ITUC).

From South Korea to Mexico and Vietnam to Hungary, research from the ITUC reveals how the global reach of Samsung's ruthless pursuit of profits impacts the everyday lives of its workers.

Samsung workers have shed light on the working conditions throughout the multinational's supply chains. The ITUC and IndustriALL Global Union have released a new report, titled Samsung — Modern Tech Medieval Conditions.

Samsung Electronics, in 2012, disclosed an annual revenue of over US$ 183 billion, a figure exceeding the GDP of countries such as Cambodia and Honduras. Full story...

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