The wage negotiation between the Seoul Bus Labor Union and the management ended 11 hours after the start of a general strike on Thursday, as they struck a new deal.
 
Seoul City announced at 3:20 p.m., that the unionized bus drivers and the Seoul Bus Transportation Business Association agreed to a new wage deal that will see a four-point-48 percent wage increase and 650-thousand won in holiday allowance.
 
With the deal in place, the bus union has completely withdrawn its general strike that began at 4 a.m. and has resumed normal operations immediately.
 
Major transportation methods such as subways and charter buses that were scheduled to be extended due to the strike will also be changed to normal operation.

The unionized bus drivers had previously announced that the two sides had failed to reach an agreement at around 2 a.m. and launched a general strike at 4 a.m.