Despite decent earnings, banks move to cut jobs in digital era
Dec 9, 2018
Major local banks have been offering or plan to offer voluntary retirement programs to their workers as part of restructuring efforts amid a greater application of digital-driven technology, industry sources said Sunday.Nonghyup Bank announced a voluntary retirement program last month. A total of 610 employees applied for the program, though the company has yet to decide its exact size. Last year, it let 534 go workers via a similar program. (Yonhap)Nonghyup said the outgoing workers will receiv