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POSCO CEO set to meet union in last-ditch push to end stalled wage talks
POSCO CEO set to meet union in last-ditch push to end stalled wage talks SEOUL, October 23 (AJP) - Steelmaker POSCO and its labor union are in a final tug-of-war over wage negotiations, as both sides struggle to reach an agreement on pay raises and employee compensation. According to industry sources, POSCO CEO Lee Hee-geun is set to meet with the labor union at the company's headquarters in Pohang, North Gyeongsang Province on Friday afternoon, in a last-ditch effort to narrow differences over wages. The stalled labor talks led to a partial strik October 23, 2026