workforce cut Archives | Be Korea-savvy

Workforce of Tour Agencies Nearly Halves Over 3 Years on Pandemic

SEOUL, Dec. 8 (Korea Bizwire) — The workforce of major South Korean travel agencies has nearly halved over the past three years due to the coronavirus pandemic, with the number of tour firms also plummeting, industry data showed Thursday. The headcount of industry leader Hana Tour came to 1,204 as of the end of September [...]

Nearly Half of Listed Firms Cut Workforce in H1 amid Pandemic

SEOUL, Sept. 13 (Korea Bizwire) — Almost half of South Korea’s listed companies cut their workforce in the first half of the year in the wake of the coronavirus pandemic, a think tank said Monday. In particular, the downtrend in their payrolls is likely to last for a considerable period of time due to the [...]