1. The 40th KEF Top Management Forum – Date: 9 ~ 10 February (Thurs. ~ Fri.) – Venue: Grand Ballroom, 1st floor of the Westin Chosun Hotel (Seoul) – Theme: The Korean Economy is in Crisis & Needs a… Continue Reading
LG U+ is the first Korean IT company to introduce a ‘PC-shutdown system’ to automatically shut off PCs at company closing time. LG U+ has recently demonstrated its PC-shutdown system in certain departments on the basis of a labor-management… Continue Reading
The three largest shipbuilders (Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering, and Samsung Heavy Industries) seem to slash at least 4,000 more workers this year in efforts to improve their competitiveness as the industry continues its restructuring. The three… Continue Reading
Due to sluggish domestic demand and low interest rates in Korea, banks continue to lay off workers. Banks in Korea employed a total of 115,516 people at the end of September 2016, down 1,507 year-on-year (117,023 in September 2015). Commercial… Continue Reading
As the opposition parties won a majority of the seats for the 20th National Assembly and the Environmental & Labor Committee (ELC), many bills were proposed in 2016 that lay greater burdens on companies. Many of these bills are still… Continue Reading
The Federation of Korean Trade Unions held its 26th electoral convention on 24th January 2017. Mr. Joo-young Kim (president of the Federation of Korean Public Industry Trade Unions) was elected as President, and Mr. Sung-kyung Lee (president of the Federation… Continue Reading