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DSME to Cut 24% of Workforce Amid Mounting Losses

By Kyunghee Park (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipbuilder, plans to eliminate 3,000 jobs, or 24 percent of its workforce, this year as part of a restructuring plan to improve its financials. Daewoo is receiving applications for a voluntary retirement program until Oct. 21, the Geoje, South Korea-based company […] The post DSME to Cut 24% of Workforce Amid Mounting Losses appeared first on gCaptain.
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