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S. Korea’s Manufacturing Workforce Aging Fast Over Past Decade

S. Korea’s Manufacturing Workforce Aging Fast Over Past Decade

SEOUL, Aug. 23 (Korea Bizwire) — South Korea’s manufacturing workforce has been aging fast over the past 10 years, stoking concerns that it may undercut the country’s growth potential drastically down the road, a report said Monday. People aged 50 and older accounted for 30.1 percent of the country’s total manufacturing workers in 2020, up [...]

CEO, 4 Execs of GM Korea to Stand Trial for Illegally Hiring Workers on Secondment

CEO, 4 Execs of GM Korea to Stand Trial for Illegally Hiring Workers on Secondment

INCHEON, July 21 (Korea Bizwire) — The CEO of GM Korea Co. and four other executives at the Korean unit of the American carmaker will stand trial on charges of illegally hiring about 1,700 manufacturing workers on secondment, prosecutors said Tuesday. The district prosecutors’ offices in Incheon and Changwon said five GM Korea executives, including [...]