Ssangyong Motor Co. Ltd. strikers give up occupation of the Pyeongtaek vehicle assembly plant, which now is in the hands of employees, a company source on the scene tells Ward’s. Ssangyong’s court-appointed CEO Park Young-tae and union President Han Sang-kyun met in a small mobile office outside the plant’s paint shop and reached a deal, the source says. The union reportedly has agreed to a plan to cut 508 workers, while 468 will be placed on indefinite unpaid leave. “The exact numbers ...
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