Sociology-202
4:25pm
12/5/08
Kia, Union Agree to Adjust Production
Today, in South Korea, Kia Motors and its labor union joined together in a meeting about Kia’s production. The meeting was held at Kia’s plant in Gwangmyeong in Gyeonggi Province. Both the president of Kia Motors, Cho Nam-hong, and the leader of the Kia union, Kim Sang-goo, proposed “a statement for mutual cooperation.” The agreement produced a “flexible production scheme” in order to “help with the crisis in the auto industry.” Kia has been cutting back production by stopping overtime work and shutting down the production lines partially. South Korea is struggling because other countries like Europe and the United States are going into a recession which affects their trade partner China. Kia has had to cut down on the amount predicted to sell; it was about “1.7 million vehicles worldwide this year” and they’ve cut it down by “100,000”. This article has shown that in some places unions and companies can get along. By coming together and agreeing on what should be done will stop protests and allow a better solution to arise. South Korea just like many other places in the world have had to cut back on production in order to keep their companies and businesses running. For right now slowing down production and temporarily stopping production lines are the only things that can be done right now in order to make sure that businesses don’t shut down and cause the economy to crash completely.
"Kia, Union Agree to Adjust Production." The Korea Times. 5 Dec. 2008. 5 Dec. 2008
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