Korean Air, Labor Union Agree to Wage Freeze, Furlough amid Pandemic

SEOUL, Dec. 16 (Korea Bizwire) — Korean Air Lines Co. and its labor union have agreed to freeze wages and put 70 percent of employees on furlough in the first half of 2021 to ride out the fallout of COVID-19, officials said Wednesday. About 70 percent of 12,600 employees at South Korea’s largest air carrier [...]