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Large-scale walkout at world's biggest shipbuilder

Dissatisfaction is simmering in the South Korean shipbuilding sector, where 12,000 employees have now walked out at Hyundai Heavy Industries. Large-scale layoffs in the offshore unit have triggered the protests.

Photo: /ritzau/AP/Lee Jin-man

12,000 employees at the massive South Korean shipyard Hyundai Heavy Industries walked out on Monday, and the same will happen Tuesday, reports Financial Times.

The walkout is to protest the current restructuring plan aimed at securing a future for the shipbuilder at a time with few orders.

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