South Korean women labourers protest closing of YH wig manufacturing company 1979
Workers engaged in conflict with their employers, the YH wig making
company, as early as 1975. Since the founding of the company in 1966,
the executives had hired employees at very low wages, siphoned funds to
America, and illegally fired workers. The workers in response formed the
YH labour union in May 1975. While the union won some concessions, the
company started struggling with business over-expansion and debt later
that year, which prompted mass layoffs. Finally in April 1979, the
company announced that it was closing down. It listed its debt, losses