SEOUL, June 12 (Korea Bizwire) – Doctors at major hospitals in Seoul and its neighboring areas have decided to stage indefinite walkouts, while medical professors resolved Wednesday to join community doctors in a one-day strike next week, demanding the scrapping of a medical school quota hike. In a meeting late Wednesday, professors from the country’s [...]
SEOUL, Jun. 12 (Korea Bizwire) — Professors at 40 medical schools were set to hold a meeting Wednesday to decide whether or not to join a planned strike by community doctors, an official at a group of the professors has said. Community doctors voted to take a day off next Tuesday in support of a [...]
SEOUL, Jun. 12 (Korea Bizwire) — South Korea reported the slowest on-year job growth in more than three years in May and the unemployment rate among young people reported a marked growth, data showed Wednesday. The number of employed people came to 28.92 million last month, up 80,000 from a year earlier, according to the [...]
SEOUL, Jun. 11 (Korea Bizwire) — Naver Corp., the largest online portal operator in South Korea, has decided to increase parking fees for employees and reduce overseas working days as part of a revision to its autonomous working system, industry sources said Tuesday. In a recent announcement, the company said it will increase the parking [...]
SEOUL, Jun. 10 (Korea Bizwire) — Health Minister Cho Kyoo-hong said Monday the government ordered community doctors to keep providing medical treatment and report to authorities when they close their businesses, after the doctors voted to stage a strike in protest of the government’s medical reform. Cho issued the order a day after the Korean [...]
SEOUL, Jun. 7 (Korea Bizwire) – On the 31st anniversary of Samsung’s famous “New Management” declaration by its late chairman, Lee Kun-hee, a sense of crisis is gripping the tech giant as it grapples with declining profits and an unprecedented labor dispute. Since Lee’s groundbreaking speech in Frankfurt in 1993, where he warned that Samsung risked [...]
SEOUL, Jun. 7 (Korea Bizwire) – Facing intensifying headwinds in the global steel industry, POSCO, South Korea’s largest steelmaker, has reinstated a five-day workweek for its executives, just four months after pioneering a four-day schedule in an attempt to improve work-life balance. According to industry sources, POSCO notified employees last month that senior managers would return [...]
HANOI, Jun. 7 (Korea Bizwire) – As soaring prices and the weakening South Korean won make living costs increasingly untenable, Vietnamese workers in the country are tightening their belts, cutting back on grocery and remittance expenses to make ends meet, according to Vietnamese media reports. Nguyen Phuc Thien, 28, who has worked at a container flooring [...]
SEOUL, Jun. 7 (Korea Bizwire) — Doctors at four major hospitals affiliated with Seoul National University (SNU) are set to stage a walkout from June 17, according to hospital officials on Friday, in a move that would complicate efforts by the government to resolve a protracted walkout by trainee doctors. Medical professors at the four [...]
SEOUL, Jun. 7 (Korea Bizwire) — Unionized workers of Samsung Electronics Co. were set to launch a one-day walkout over wages on Friday, a union official said, in what would be the first walkout at the technology giant. About 28,000 members of the National Samsung Electronics Union (NSEU) were set to collectively take the day [...]