Korea GM Labor and Management Agree on Large-Scale Workforce Reassignment... Accelerating Business Normalization

Deployment and Workforce Transition of 1,200 Employees Within the Year at Bupyeong and Changwon Sites

[Image source=Yonhap News]

[Asia Economy Reporter Yoo Hyun-seok] On the 20th, Korea GM announced that it has been able to accelerate the normalization of management by optimizing production at each workplace through reaching an agreement with the labor union on production operation adjustments and workforce reallocation by factory.

Since the 31st of last month, Korea GM's labor and management have held a special committee on employment stability, conducting consultations to ensure employee job security while simultaneously optimizing production plant operations. Through discussions based on mutual trust, they reached an agreement focusing on job security and large-scale workforce reallocation between workplaces.

The main points agreed upon by Korea GM labor and management include ▲ switching the Bupyeong Plant 2 to a single-shift system (regular daytime shift) starting May 1 to flexibly respond to market demand ▲ reallocating approximately 1,200 employees within the year to Bupyeong and Changwon plants, where production is expected to increase ▲ treatment for those subject to reallocation, including housing and moving support.

With this labor-management agreement, Korea GM has secured the company's sustainability and competitiveness, enabling the smooth implementation of the management normalization plan promised to key stakeholders in 2018. Korea GM plans to achieve management normalization by establishing an annual production system of 500,000 units based on two global products: the Trailblazer currently produced at the Bupyeong plant and the next-generation global new car scheduled to begin production at the Changwon plant next year.

Korea GM stated, "This labor-management agreement on large-scale workforce reallocation derived through the Special Committee on Employment Stability is a very meaningful achievement in the company's management normalization process," adding, "While ensuring job security, we will become a competitive company through production operation adjustments at each plant and large-scale workforce reallocation to optimize production workplaces.”

This content was produced with the assistance of AI translation services.