GM Korea pushing for early retirement, work shift change to cut costs
Nov 14, 2014
GM Korea is moving to accept early retirement of senior office workers and pushing for shift changes at one of its plants to help cut costs, corporate and labor sources said Friday.Insiders at South Korea’s third-largest carmaker said company CEO Sergio Rocha announced a voluntary retirement plan for team leaders and executive-level employees early last month and that the measures would take place late this year or the beginning of 2015.The total number to leave GM Korea is expected to be simila