S. Korea Cuts Over 10,000 Employees at State-run Institutions in 2023

SEOUL, Feb. 28 (Korea Bizwire) — The government cut more than 10,000 workers from state-run companies in 2023 as part of efforts to reform and innovate the management of public firms, the finance ministry said Wednesday. Public companies let go of a combined 11,374 workers last year through organization restructuring, voluntary retirement and various other [...]