Lotte to create 24,000 new jobs by 2018
Aug 7, 2015
South Korean retail giant Lotte Group announced plans Friday to hire 24,000 new workers by 2018 in what is seen as efforts to allay escalating criticism over an ugly family feud for control of the country's No. 5 conglomerate. Lotte is mired in an ownership dispute involving Shin Kyuk-ho, 93, and his two sons, Dong-joo and Dong-bin, who had each controlled the company's operations in Japan and Korea until early this year. While Dong-joo was ousted from key positions at Japanese units, Dong-bin