Purmil Labor and Management Fail to Reach Win-Win Agreement in 3rd Negotiation... Re-discussion Scheduled for Next Week

Discussion lasted over 3 hours but ultimately failed to reach an agreement

[Image source=Yonhap News]

[Asia Economy Reporter Eunmo Koo] The labor and management of Purmil, which will cease operations on the 30th, discussed the company's sale promotion and other issues during the third negotiation but failed to reach a win-win solution. The labor and management agreed to continue discussions next week.

According to the Purmil labor union, the labor and management held discussions for over three hours on the afternoon of the 4th at Purmil's headquarters in Yeongdeungpo-gu, Seoul, but ultimately could not reach an agreement. A labor inspector from the Ministry of Employment and Labor also attended the meeting.

The meeting reportedly covered topics such as the company's resale, restructuring, and business termination. CEO Donghwan Shin left during the meeting, and the management is expected to announce an official position next week.

During the second negotiation on the 31st of last month, progress seemed to be made as the company extended the voluntary retirement application period by three weeks until the 30th of this month and announced the re-promotion of the company sale. However, before the third negotiation, the company informed agency owners and directly affiliated dairy farmers that the business would end as scheduled, leading to speculation that the company sale was not proceeding properly.

Purmil notified all employees on the 17th of last month that the business would end on November 30 and issued layoff notices. Employees have criticized the management for consistent incompetent and irresponsible leadership, and 25 farms that have supplied raw milk to the company for over 40 years have also protested, holding rallies in Seoul, saying their livelihoods have become desperate.

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