Small Enterprise and Market Service Cuts Executive Positions by 12% Through Organizational Restructuring
[Asia Economy Reporter Song Seung-seop] The Small Enterprise and Market Service (SEMAS) implemented an organizational restructuring on the 29th of last month to improve management efficiency and announced personnel appointments on the 5th of this month.
According to SEMAS on the 4th, the departments within the organization were consolidated from "7 headquarters, 1 research center, and 25 offices" to "5 headquarters, 1 research center, and 22 offices." The proportion of executive positions was also reduced by 12%.
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However, an ESG (Environment, Social, and Governance) Innovation Team was newly established to discover institutional innovation plans and conduct project inspections, diagnostics, and evaluations.
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