Companies
KEB Hana Bank cuts 690 jobs via early retirement
Jan. 3, 2016
KEB Hana Bank, South Korea's leading lender by assets, said Sunday it has eliminated 690 jobs through a voluntary retirement program as part of efforts to downsize.The number of job cuts, made in late December, amounts to 4.3 percent of its workforce of 16,100 as of the end of November last year, according to KEB Hana.The lender said the early retirement program, carried out for the first time in about four years, focused mainly on employees aged 40 and older.KEB Hana's job reduction was the thi