layoff Archives | Be Korea-savvy
Apartment Guards Protest Potential Layoffs Caused by New Security System

Apartment Guards Protest Potential Layoffs Caused by New Security System

SEOUL, Feb. 26 (Korea Bizwire) – A group of apartment guards facing potential layoffs took to the streets Thursday in protest of the apartment’s dismissal notification because of the introduction of a new electronic security system. Impending layoffs of security guards have been on the rise as apartment complexes across the country have already begun [...]

S. Korean Brokerage Firms Face Growing Wave of Layoffs

S. Korean Brokerage Firms Face Growing Wave of Layoffs

SEOUL, Jan. 6 (Korea Bizwire) – South Korea’s securities industry faces an unabated wave of layoffs this year as brokerages strive to bolster their bottom lines and cut costs amid a bearish stock market and growing online stock trading, experts said Wednesday. Over the past several years, local securities companies have been trimming their workforces [...]