Daewoo to cut U.K. R&D jobs LONDON — Daewoo Motor Co. Ltd. plans to cut jobs at its Daewoo Worthing Technical Center (DWTC) in Sussex, U.K. The automaker says the move is in response to a request by Korean banks to cut costs. R&D will be consolidated between DWTC and the company's main technical center in Pupyong, South Korea. The automaker hopes the move will minimize unnecessary duplication. The company will spend the next several months evaluating and reviewing the organization ...
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