The Korean economy is in terrible shape due to the government being run by economically incompetent people.
image text translation
source. Materials distributed to media outlets by each company
In Korea, voluntary retirement is in progress.
Gangnam_LAP
Major conglomerates undergoing voluntary retirement in 2024
enterprise
Voluntary retirement target
Gangnam_LAP
Massive layoff in DS division (rumors of 309 layoffs in foundry)
snMsUNG
Samsung Electronics
Global subsidiary sales and marketing 159, administrative 30% reduction
kt
KT
Gangnaf_LAP
Voluntary retirement: 2,800 people (with over 15 years of service) 1,700 people moving out
SK Telekong encourages voluntary retirement (retirement savings expanded to 300 million won)
SK
SK Group
Voluntary retirement 3 years after SK On was launched
Ginpnam_LAP
LG Chem Steel Materials Business Division’s Production Technician Jobs Rejected
LG LG Group
LG Display office worker (over 40 years old) + PIJU Gumi business site
LG Hello Vision’s first voluntary retirement (age 50 or older)
Gangnim_LAP
posco POSCO Group
First voluntary retirement for POSCO office workers (age 50 or older)
rL
NCSoft: Large scale voluntary retirement of former military personnel after 12 years
NAVER IT industry
Voluntary retirement from non-core business units at Kakao VX
Gangnam LAP
Kakao
Naver subsidiary ‘Take’ begins workforce restructuring
LOTTE
Ruthde Hotel Motde Duty Free Shop voluntary retirement (age 50 or older)
mart distribution-hotel
E-Mart’s first voluntary retirement (manager level or higher)
Gangnam_LAP