Homeplus Withdraws Voluntary Retirement Program… Also Postpones Payment of Overdue August Wages
4 Articles
4 Articles
Homeplus, currently undergoing corporate rehabilitation proceedings, has withdrawn the voluntary retirement program it had accepted this month. This decision stems from difficulties in securing funds for the retirement process. Liquidity issues persist, as evidenced by the fact that the company has paid employees only 25% of their August salaries. According to industry sources on the 29th, Homeplus [withdrew] the voluntary retirement offer to em…
(Seoul = Yonhap News) Reporter Cho Min-jung = Homeplus, which is undergoing corporate rehabilitation, has withdrawn the voluntary retirement program it had accepted applications for this month.
Homeplus, currently undergoing corporate rehabilitation proceedings, has decided to cancel the voluntary retirement program conducted this month. This decision was made because the company was unable to secure the funds to pay the back wages and bonuses promised to applicants. The payment of 75% of the back wages for August, which was originally scheduled to be made within 30 days, has also been postponed. In effect, the company has run out of f…
[Digital Daily Reporter Wang Jin-hwa] The financial difficulties faced by Homeplus, which is currently undergoing corporate rehabilitation, are affecting even employee salaries and voluntary retirement procedures. Following the withdrawal of the voluntary retirement program, which had closed early due to a surge in applicants, the company has once again postponed the schedule for paying overdue wages. In some stores, power cuts due to unpaid el…
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