Subcontractor Archives | Be Korea-savvy

Daewoo Shipbuilding’s Subcontractor Workers at Risk of Losing Jobs

SEOUL, Jan 11 (Korea Bizwire) – Thousands of subcontractor workers at Daewoo Shipbuilding & Marine Engineering Co., a major shipyard in South Korea, are on the brink of losing their jobs as the shipbuilder has failed to clinch new deals for offshore facilities, industry sources said Wednesday. According to the sources, Daewoo Shipbuilding has 11 [...]

Merciless Hyundai Labor Union Puts the Life of 5,000 Subcontractors on the Line

SEOUL, Oct. 17 (Korea Bizwire) – The public image of Hyundai Motor has really taken a blow this time. Despite already pulling in some of the highest salaries in the country at an average of 90 million KRW per year, the labor union has asked for more. Even the President of Korea criticized the union [...]