360,000 Workers at Smaller Companies on Furlough
February 23, 2021 11:20 More than 350,000 workers in small and mid-sized companies were furloughed last year due to slow business or halted production, 32 times more than in big businesses. The figure confirms that smaller businesses bore the brunt of the coronavirus lockdown. The Korea Small Business Institute on Monday said out of 750,000 workers furloughed last year in businesses employing fewer than 300 people, 48 percent or 360,000 were put on leave due to slow business or halted production, an almost eight-fold increase compared to the year before. But in companies with more than 30...
Source: chosun.com
