GUANGZHOU - Thousands of workers ended a two-day strike outside a Taiwanese electronics manufacturing plant in south China's Guangdong Province after company executives promised to cut their own salaries by 10 to 30 percent.
Senior executives at Dongguan Masstop Liquid Crystal Display Co., Ltd. made the decision to cut their own salaries as a cost-reduction measure following negotiations with worker representatives.
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Another subsidiary of the company in Dongguan, Wintek (China) Technology Ltd, also resumed production Thursday, but a resolution has not yet been announced, said Xu Liqing, a local publicity official.
About 16,000 workers from the two subsidiaries went on strike Tuesday and Wednesday protesting their holiday benefits. They received much lower cash bonuses for the Mid-Autumn Festival than expected. The festival, which fell on Monday this year, is an important traditional holiday for family reunions in China.
A worker surnamed Zhang said the staff each received 700 yuan (114 US dollars) in cash and a box of mooncake on Mid-Autumn Festival last year.
According to a statement of Dongguan Masstop Liquid Crystal Display Co., Ltd, the recent poor business of the company led to the reduction of workers' holiday welfare.
During the strike, workers blocked roads near their factories.