Lotte Department Store is offering early retirement packages for employees who have been with the company 20 years or longer.
An HMM union is holding a strike vote as wage negotiations with management have broken down.
President Moon Jae-in has accepted the resignation of the presidential secretary for anti-corruption, Kim Gi-pyo, following accusations that Kim bought land using inside information, according to the Blue House on Sunday.
Land Minister Byeon Chang-heum has resigned after just three months in office as a snowballing land scandal consumed the state-owned company he had until recently run.
President Moon Jae-in's key aide in charge of prosecutorial reform offered to step down six weeks into the job after the new minister of justice ignored him in a recent reshuffle, political sources said Wednesday.
Finance Minister Hong Nam-ki said he will continue to work as the nation’s chief economic policymaker while stressing that his offer to resign was sincere.
Finance Minister Hong Nam-ki abruptly announced his resignation, which was immediately rejected by President Moon Jae-in.