workfirce Archives | Be Korea-savvy

Workforce Aging Deepens at Major Firms Following Decline in New Hires

SEOUL, July 22 (Korea Bizwire) — The share of employees aged 50 and over exceeded that of those under 30 at South Korea’s major companies after the outbreak of the coronavirus, primarily due to the decline in new hires, data showed Thursday. The nation’s 72 major companies published their 2021 sustainability management reports, of which [...]

Doosan Heavy Industries Trims Workforce as Profits Fall

SEOUL, Oct. 25 (Korea Bizwire) — Doosan Heavy Industries and Construction Co. (DHIC) is transferring employees to other subsidiaries and considering putting staff on paid leave as the company has been suffering from poor performance. The company announced on Wednesday that it is looking into the possibility of sending employees over to Doosan Corporation, Doosan [...]