Finance Reddit May 17, 2026 2 min read
South Korea's Prime Minister Kim Min-seok issued a public ultimatum May 17, warning that May 18 talks at the Central Labor Relations Committee are 'the last chance' to avert a general strike by 50,000 Samsung Electronics workers scheduled for May 21. Samsung shares slid roughly 8% on strike risk, with the dispute centered on a stark bonus gap: 607% of annual salary for the memory unit versus 50–100% for foundry and System LSI workers.