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Homeplus Enters Hopeful retirement... MBK Kim Byeong-Joo, a Major Shareholder, Is 'Not Attending' the National Auditor

Summary by 한겨레
HomePlus, which is undergoing corporate recovery procedures, announced on the 7th that it will implement desired retirement for employees. HomePlus announced on the day that “as the number of stores was cut in half, about 50% of our employees went on paid leave of absence, and we decided to reduce our workforce to reduce the burden of fixed costs.” What is Homeplus
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HomePlus, which is undergoing corporate recovery procedures, announced on the 7th that it will implement desired retirement for employees. HomePlus announced on the day that “as the number of stores was cut in half, about 50% of our employees went on paid leave of absence, and we decided to reduce our workforce to reduce the burden of fixed costs.” What is Homeplus

[G-Daily] Homeplus's restructuring has escalated into the drastic measure of offering voluntary retirement to all employees. Analysts suggest the company is facing an unbearable burden of fixed costs, such as labor and rent, as nearly half of its stores have disappeared and the workforce on paid leave has increased. As Homeplus, which has entered rehabilitation proceedings, accelerates cost-cutting for survival, job insecurity among employees is…

·Seoul, Korea (the Republic of)
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Homeplus is launching a voluntary retirement program amidst corporate rehabilitation proceedings. With the number of operating stores reduced by half during the restructuring process, the initiative aims to lower the burden of fixed costs and boost business profitability through workforce efficiency. As employees in the Daegu region are also included in the voluntary retirement program, anxiety regarding employment and the payment of unpaid wage…

Homeplus announced on the 7th that it will implement a voluntary retirement program to normalize operations and improve business performance.

[Digital Daily Reporter Wang Jin-hwa] Homeplus, currently undergoing corporate rehabilitation proceedings, is implementing a voluntary retirement program. This measure aims to normalize operations by reducing the burden of fixed costs, as the number of operating stores has decreased from 126 to 67 during the rehabilitation process, placing approximately half of the workforce on paid leave. Homeplus announced on the 7th that it will accept appli…

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ddaily.co.kr broke the news on Wednesday, October 7, 2026.
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