Nam Hyun-woo has worked as a staff writer at The Korea Times since 2013, mostly covering business and politics. He currently belongs to the Business Desk where he covers topics such as emerging tech, AI, ICT and Korea's chaebol community. Prior to joining the team, he was the paper's correspondent for the presidential office of Korea during the Yoon Suk Yeol and Moon Jae-in administrations.
No more layoffs
Daewoo Shipbuilding & Marine Engineering (DSME) CEO Jung Sung-leep speaks during a press conference at its headquarters in Jung-gu, Seoul, Thursday. Jung said the ailing shipbuilder's self-rescue program with creditors requires sacking nearly 1,000 employees but the program should be revised as the firm is on course toward normalization and is suffering a workforce shortage. / Courtesy of DSME
By Nam Hyun-woo