https://www.koreatimes.co.kr/www/tech/2024/09/419_383312.html
More Korean firms commence downsizing amid market uncertainty
Uncertainties about the current business environment have triggered workforce reductions across many industries here.
www.koreatimes.co.kr
Gmarket, SK On initiate voluntary redundancy programs
commence = start = begin = start off = embark on = initiate 시작하다
downsize = scale down (사업체가 비용 절감을 위해 인원을) 줄이다, 축소하다
market uncertainty 시장 불확실성
voluntary redundancy programs 자발적 퇴직 프로그램
redundancy = lay-off 정리해고, (인력 과잉에 따른) 정리 해고, 감원조치, 불필요한 중복, 쓸모없는 반복
Uncertainties about the current business environment have triggered workforce reductions across many industries here. Gmarket, a Korean online shopping site, informed its employees on Friday that it plans to implement a voluntary redundancy program in response to its mounting losses and the rapidly changing market conditions.
trigger = cause =arous = instigate = stir up = lead to = result in = spawn = promote = egg on = incite = foment 부추기다, 조장하다
workforce reduction 인원 감축
redundancy 정리해고, 감원조치
online shopping site 온라인 쇼핑사이트
inform = announce = pronounce = impart = convey = issue = state = notify = give a notice 알리다, 전하다
in response to ~에 대응하여, ~에 대한 응답으로
rapidly changing market conditions 빠르게 변화하는 시장 상황
This is the first time the e-commerce firm has encouraged its employees to voluntarily resign since Shinsegae acquired the company from eBay in 2021. Earlier this year, Shinsegae also cut the workforce at SSG.com, another e-commerce unit, as well as at E-Mart, a supermarket chain, and E-mart Everyday, which had run small neighborhood grocery stores before being merged with E-Mart in July.
encourage = promote = hearten = inspire = stimulate = catalyze = provide an impetus 격려하다, 자극하다, 용기를 북돋우다
voluntarily 자발적으로, 자진해서
resign = step down = stand down = bow out = retire 사임하다, 사직하다, 내려오다
workforce = manpower = human resource = labour force 노동력, 인력
grocery store 식품점, 슈퍼마켓
be merged with ~와 통합되다, ~와 일원화되다
“We reached the conclusion that fundamental reform was inevitable to overcome the current difficulties and to make our business structure sustainable,” Gmarket CEO Chung Hyung-kwon told the company’s employees. On Thursday, SK On initiated its first-ever voluntary redundancy program and started offering unpaid leave, as part of efforts to cope with the challenging electric vehicle (EV) market conditions.
reach the conclusion that = come to the conclusion that = conclude ~라는 결론에 도달하다
fundamental reform 근본적 개혁
fundamental = pivotal = paramount = basic = essential = radical = elementary = rudimentary 근본적인, 기본적인
inevitable = indispensable = essential = necessary = vital = unavoidable 피할 수 없는
unpaid leave 무급 휴가
as part of efforts = as an attempt to = in a bid to = for the sake of = in an apparent effort to ~의 노력의 일환으로, ~하기 위한 소도로서, ~하기 위해서
electric vehicle (EV) market conditions 전기차 시장
Among Korea’s top three EV battery makers, it is the only company that has not made a profit. “These are proactive measures to establish a lean, agile workforce, so that we can better navigate the shifting EV market conditions,” an SK On spokesperson said.
EV battery maker 전기차 배터리 제조사
make a profit = gain a profit = make gains 이익을 얻다, 수익을 얻다
profit from = benefit from ~로 부터 이익을 얻다, ~로 부터 수익을 얻다, ~로 부터 혜택을 얻다
proactive measure 상황을 앞서 주도하는 조치
pre-emptive measure 선제조치
preventative measure = preventive measure 예방적 조치, 예방 조치
lean 군살이 없는, 호리호리한, 기름기가 적은, 군살을 뺀
agile = nimble = shrewd = astute = sharp = sharp-witted 민접한, 상황이 빠른, 영민한
navigate = address = cope with = manage = deal with = tackle = handle = treat 다루다, 해결하다, 처리하다
spokeperson = mouthpiece 대변인
SK Telecom notified its employees last Monday of its plan to offer two years of paid leave and a lump sum of up to 300 million won ($230,000) to each employee who leaves the company voluntarily. Samsung Electronics recently instructed subsidiaries worldwide to reduce sales and marketing staff by about 15 percent and administrative staff by up to 30 percent.
paid leave 유급 휴가
a lump sum of 일괄 지불 금액의, 목돈의
leave the company voluntarily 회사를 자발적으로 떠나다
subsidiary = affiliate = affiliated company 자회사, 계열사, 제휴사
administrative staff 행정 직원
NCSOFT has been trying to dismiss hundreds of employees to streamline its business. Other Korean companies that have sought to reduce their workforces this year include LG Chem, LG Display, Daewoo E&C, CJ Logistics, Hanwha Systems, Lotte Shopping, Lotte Duty Free, Kakao VX, Golden Blue and Yogiyo. Korea’s top four commercial banks reduced the number of new employees this year, following their series of voluntary redundancies over the past few years.
dismiss = fire = sack = drop from the pay-roll = lay off = cut out = discharge = remove = retrench = can = rif 해고하다
streamline = simply 간소화하다, 심플화하다
commercial bank 상업 은행
series of = serial = a train of = a string of = a chain of = in a row = consecutive = straight = continual = continuous 일련의, 연이은, 연속의
Given that the composite business sentiment index based on a Bank of Korea (BOK) survey has fallen for the third straight month in September, more companies are expected to commence downsizing and come up with various cost reduction measures.
given that = considering = inasmuch as = with consideration for ~을 고려하여, ~고려해 볼때
for the third straight month = for the third consecutive month = for the third month in a row = for the thrid successive month 3달 연속으로
commence = start = begin = start off = embark on = initiate 시작하다
downsize = scale down (사업체가 비용 절감을 위해 인원을) 줄이다, 축소하다
come up with = devise = map out = put forward = bring up = think up = invent = produce = generate = work out = draw up = dream up 제안하다, 꺼내다, 고안하다
various = a variety of = varied = different = diverse = multifarious = multiple = many = numerous = variegated = miscellaneous 다양한, 여러가지의, 많은
cost reduction measure 비용 절감 조치
“The oversupply caused by China’s economic slowdown has intensified competition in the Korean market, apparently affecting the primary metal, chemical and automotive industries,” a BOK official said. “There also remain concerns about the U.S. recession and uncertainties about the country’s presidential election.”
oversupply 과잉공급하다, 과잉공급
economic slowdown = economic recession = economic downturn = economic doldrums = economic stagnation = economic depression 경기 침체, 경기 부진
intensify competition = heighten competition = aggravate competition = deteriorate competition 경쟁을 악화시키다
apparently = outwardly = evidently = it seems that = it appears that = it would seem that = seemingly = ostensibly = on the face of it = on the surface 보아하니, 듣자하다, 겉보기에는, 표면상으로
primary metal 1차 금속
automotive industry = automobile industry 자동차 산업
remain concerns about ~에 대한 우려가 남아있다, ~에 대한 걱정이 여전하다
quash concerns about ~에 대한 우려를 부인하다, ~에 대한 걱정을 인정하지 않다
uncertainty = lack of certainty 불확실성
presidential election 대선, 대통령 선거
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