GM workers in South Korea are losing public support as the automaker accumulates massive losses as a result of strikes. The cost of shares in Korean companies are typically undervalued on the market due to their history of strong labor unions and high employment costs, something known as the “Korea Discount”. Now, investors are now looking to move their production to countries with cheaper labor which is putting Korean unions are under pressure to make concessions or face widespread layoffs. Many South Koreans are beginning to turn against the GM workers’ fight to preserve their benefits as employment prospects become increasingly scarce.
See "As GM union faces big job losses, South Koreans turn cold shoulder", Reuters Staff, Reuters, April 9, 2018