Emart Union: "Jung Yong-jin, Anti-Communism Is Fine, But Look After Your Own Business First"

Jung Yong-jin, Vice Chairman of Shinsegae Group. [Image source=Yonhap News]

[Asia Economy Reporter Lim Chun-han] The National Emart Labor Union, affiliated with the Federation of Korean Trade Unions, criticized Shin Yong-jin, Vice Chairman of Shinsegae Group, on the 12th regarding his controversial 'anti-communism' remarks, saying, "Anti-communism is fine, but he should first reflect on the businesses he has been running."

In a statement released that day, the union expressed deep concern over Vice Chairman Jung's words and actions, which have caused discord among customers and the public and damaged the company's image, stating, "Emart, the group's main business, is holding its own against competitors in a difficult environment marked by increased online shopping and various regulations, thanks to the efforts of its employees."

The union pointed out, "While it is his freedom to say what he wants, he must consider that the repercussions affect tens of thousands of Shinsegae and Emart employees and their families." It added, "He should reflect on the path he has taken as a businessman," and noted, "PK Market, specialty stores, Pierrot Shopping, Boots, and L’escape have all either withdrawn or are in the process of withdrawing, haven't they?"

The union also stated, "Even if it is noise marketing, both the union and employees are worried that the term 'owner risk' is being mentioned simultaneously."

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