Independent journal on economy and transport policy
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Hanjin Shipping to dismiss half of land-based employees
(YONHAP News Agency)
October 19, 2016
SEOUL, Oct. 19 (Yonhap) -- Cash-strapped Hanjin Shipping Co. is seeking to trim its workforce ahead of a planned sale of its key assets, industry sources said Wednesday.
According to the sources, Hanjin Shipping, which is currently under receivership, has decided to dismiss more than half of its land-based employees by early December and gave the relevant notice to their labor union ...... Read more on YONHAP News Agency
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