Korean Air loses 100 staffKorean Air said yesterday it has eliminated about 100 jobs through a voluntary retirement program aimed at boosting its efficiency.
The early retirement program, the first such move in five years, affected high-paid, midlevel officials who have worked for 15 years or longer, Korean Air said, adding that flight crews and overseas workers were excluded.
The number of employees who departed through the program amounts to 0.6 percent of the airline’s workforce of 18,000, Korean Air said, expecting the move to help improve its productivity.
In 2006, the airline implemented an early retirement program, eliminating 80 jobs.
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