S. Korea's listed financial firms cut 1.9 pct of staff last year
SEOUL, April 11 (Yonhap) -- South Korea's listed financial firms cut 1.9 percent of their total staff last year, data showed Tuesday, as they grappled with slow growth.
According to the data compiled by market researcher Chaebol.com, the number of employees at 45 listed financial firms stood at 89,483 people in 2016, down 1,713 people from a year ago.
Thirteen listed insurers saw their payrolls slashed by 970 to 36,567 people last year.
The number of employees at 12 listed financial holding firms and banks was reduced by 462 to 30,788 people last year.
The number of employees at 20 listed brokerages was cut by 281 to 22,128 last year, according to the data.
Meanwhile, the average annual salary of the financial firms rose to 79.99 million won (US$70,031) last year, up 10 million won from a year earlier.
Korean Reinsurance and Hana Financial topped the list with their average annual salary standing at 110 million won last year, according to the data.
(END)
-
1 For veteran idol U-know Yunho, it's all about giving his best
-
2 (URGENT) Biden says America will repair alliances
-
3 S. Korea's military strength 6th in world, N. Korea at 28th: report
-
4 (profile) Liberal, press-friendly lawmaker tapped as culture minister
-
5 K-pop celebs a growing force for tourism in pandemic-hit S. Korea
-
1 (URGENT) Biden says America will repair alliances
-
2 S. Korea's military strength 6th in world, N. Korea at 28th: report
-
3 For veteran idol U-know Yunho, it's all about giving his best
-
4 'Gangnam Style' star Psy celebrates 20-year career anniversary
-
5 (profile) Liberal, press-friendly lawmaker tapped as culture minister
-
1 New virus cases under 400 again; alert in place against potential upticks
-
2 Pfizer to submit application for COVID-19 vaccine approval by end-Jan.
-
3 (2nd LD) Moon vows close cooperation with Biden for Korea peace process
-
4 Defense ministry vows push for regular inter-Korean military talks, swifter OPCON transfer
-
5 Two accomplices in online sex abuse ring sentenced to 15, 11 years in prison