While the due diligence will decide the fate of GM Korea, already 2,500 workers, amounting to nearly 15% of the plant’s staff, have opted for a redundancy package, as part of a strategic restructuring. On Monday, an official from South… Read More ›
redundancy package
Fate of GM Korea’s Gunsan plant to be decided this week
While 15% of employees, 941 of 2,000 workers, have opted for GM Korea’s generous redundacy package, this week Seoul will have to decide on whether it is willing to risk taxpayer’s money to bail out the loss making plant. Union… Read More ›
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