The labor union representing Micron Technology employees in Taiwan is demanding that 15% of the company's operating profit be distributed as bonuses. The union, which covers over 80% of the 15,000 staff members at the company's two Taiwanese facilities, has threatened to strike if management does not respond by September 18 or 21.
Current annual bonuses, which previously ranged from 35 to 68 monthly salaries, account for only 4.4% of Micron's operating profit. Employees argue these figures are misleading, as they include stock compensation and a one-time payment of $31,498, while being calculated based on the lowest-paid staff members.
Tensions have escalated following a period of significant financial growth. Between fiscal years 2024 and 2025, Micron's GAAP net profit surged from $778 million to $8.54 billion. Despite this, staff in Taiwan received bonuses equivalent to only 2.37 monthly salaries during that period.
The union is calling for a transparent and permanent formula for profit-sharing that would benefit staff globally. They also cited past grievances, including a 10% global workforce reduction announced in 2022 and a one-year suspension of bonus payments, noting that recent incentive packages were implemented by management without union approval.
