Sources said the South Korean liner carrier will lay off about 180 members of its 500 person workforce in the United States on Friday.
Sources said Hanjin Shipping will layoff about 180 members of its 500 person workforce in the U.S. on Friday.
Fewer employees are needed because the South Korean liner carrier is no
longer booking export cargo. One source said the company should still have sufficient workers to assist shippers.
The layoffs come after multiple media reports said that Korean Air Lines on Thursday pledged 60 billion won (U.S. $54.6 million) to help pay for unloading cargo that is still stranded on Hanjin’s ships.
Reuters quoted Vice Finance Minister Choi Sang-mok as telling reporters, “We’ve calculated the costs that
will be needed to offload the cargo, and this can be covered roughly
with the funds that have been pledged.”
In addition to the airline, the Korea Development Bank has pledged 50 million won and the chairman of the Hanjin Group, Cho Yang-ho, has pledged 40 million won, South Korea’s Yonhap News Agency reported.
Hanjin posted a new table on its website, updating the schedule for its transpacific vessels bound for North America.
The Seaspan Efficiency was moored in Savannah today and was expected to discharge cargo there before heading to Wilmington, N.C. and New York.
Hanjin Shipping lays off about one-third of U.S. staff
