Upcoming thriller series Family Plan has shared snippets from its script reading session showcasing amazing chemistry between actors Bae Doona, Park Solomon Ryu Seung Bum and more.
Ssangyong to sell plant site as part of rehabilitation indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
The rehabilitation plan includes half of SsangYongs staff taking unpaid leave up to two years in a bid to avoid retrenchment. “This sort of a plan will reduce potential job cuts but will definitely bring down labour costs.
Ssangyong Motors may shed some senior executive jobs as part of cost cutting
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Synopsis
The Seoul Bankruptcy Court on April 15 approved the debt-rescheduling process for SsangYong Motor as the US-based HAAH Automotive did not submit an LoI by the March 31 deadline. Court receivership is one step short of bankruptcy in South Korea s legal system. In receivership, the court will decide whether and how to revive the company.
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A Ssangyong Motors launch event (2019 pic). M&M had bought the failed carmaker a decade ago.
Cash-strapped Ssangyong Motors plans to cut a few senior executive jobs even as it continues with its ongoing cost cutting drive, said people familiar with the matter.