Employees at Micron's Taiwan division have rejected the company's 2026 fiscal year bonus offer. Staff are demanding a more transparent profit-sharing system, requesting that 15% of operating profit be distributed quarterly. The union representing workers in Taoyuan and Taichung cities seeks bonuses equivalent to 83 monthly salaries.
Micron's current proposal allocates 4.4% of operating profit to bonuses for over 60,000 global employees. In Taiwan, production staff were offered at least TWD 1.7 million ($54,000), while new engineers were offered TWD 3.4 million ($107,000). Employees hired before August 29, 2025, are eligible for TWD 1 million ($31,650).
The union, representing approximately 10,000 to 12,000 workers, has warned of a potential strike. Negotiations are scheduled for September 18 and 21, 2026. Tensions stem from previous layoffs in 2023 and a perceived disparity between the company's financial growth and employee compensation.
Micron reported a 74% revenue increase to $41.5 billion and a net profit of $28.2 billion for the third quarter of the 2026 fiscal year, ending May 28, 2026. This growth is attributed to high demand for AI-related memory chips, including HBM.
