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Daewoo chairman asks workers to take pay cut

Everyone must share the burden if crisis-stricken Daewoo Shipbuilding & Marine Engineering (DSME) is to survive, says the shipbuilder's chairman, asking his employees to take a pay cut as part of the coming lifeline granted by the state.
Photo: Thorbjørn Hansen
Photo: Thorbjørn Hansen
by NIKLAS KRIGSLUND

Jung Sung-leep, chairman of Daewoo Shipbuilding & Marine Engineering (DSME), is now calling on his employees to take a pay cut in order to save the ailing shipyard.

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