By country
Layoffs in South Korea
3 sourced layoff rounds at 3 companies in South Korea between Nov 2024 and Jan 2025: 3,947 people in the rounds where a number was given. Each one links to the article or filing it came from. The list covers what we have been able to source, not every cut in the country.
People affected
4K
Where a number was given
Companies
3
With a sourced round
Rounds
3
Nov 2024 → Jan 2025
Every round, newest first
- KB Kookmin Bank−647
South Korea's largest retail bank saw 647 staff leave through its annual voluntary retirement programme at the start of 2025.
About the figure: Voluntary retirements.
Banking & Finance · Source: Financial News (Korea)
- NCSoft−500
The South Korean game publisher ran a voluntary retirement programme alongside a split into new subsidiaries after poor results.
Gaming · Source: WN Hub
- KT Corporation−2,800
About 2,800 KT employees took voluntary retirement as the South Korean telecom operator restructured its network workforce to focus on AI.
About the figure: Voluntary retirements.
Telecom · Source: Light Reading
Search every company in the directory, or read how we choose and check events in the methodology.