POSTED BY MARTIN KICH

This item is from Labour Start, which reports on labor issues and supports worker activism internationally. The details on the workers’ hours and compensation are pretty shocking:

In South Korea, workers at IT software giant Oracle have been on strike since 16 May after negotiations for a first collective bargaining agreement with the company broke down. 

The Oracle Korea Workers Union was formed in October 2017 in response to unfair and non-transparent salary and compensation systems. The average working hours at Oracle Korea are about 80-100 hours per week, yet most workers have seen no wage increase over the last 10 years.

The company also unfairly dismissed about 100 workers in 2017, and it has failed to recognize full time union officials.

Oracle is one of the world’s largest software companies and made more than $9 billion in profits in fiscal year 2017.

Larry Ellison, the co-founder and now executive chairman of Oracle, is the eighth-richest person in the world.

UNI Global Union has launched a major campaign calling on Oracle Korea management to immediately engage in good faith negotiations with the union and to end the exploitation of the workers who make the company so successful.

Please take a moment to show your support here:

http://www.labourstart.org/go/oracle

And please share this message with your friends, family and fellow union members.