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Tag : Korean shipbuilders

Hyundai Heavy Industries

Aug 15, 2015 AM EDT - Dana Marie

Downsizing at Three of Korea’s Biggest Shipbuilders Results to Thousands of Job Loss

According to reports, the country’s major shipyards are struggling because of failing offshore rigs. Amidst gradually declining finances, they have resorted to downsizing and redundancy in an attempt to bring back huge losses.

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