Scheduled for board resolution on the 15th,
Kim Young-seop, CEO of KT, speaking at the ‘AICT Business Strategy Presentation Press Conference’ held at the ‘Novotel Ambassador Seoul Dongdaemun’ on the morning of the 10th. ⓒKT, ‘[Dailian = Reporter Min Dan-bi] KT is establishing a subsidiary responsible for operating and managing communication networks and will implement a large-scale personnel restructuring including transferring employees to this new company and offering voluntary retirement.’,
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, ‘According to the telecommunications industry on the 11th, KT plans to establish subsidiaries KT OSP and KT P&M (tentative names) and transfer network maintenance and opening-related business organizations to them.’,
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, ‘Both companies will be established with 100% ownership by KT. With an initial investment of 61 billion won, KT OSP will be responsible for designing and constructing line communication facilities and is expected to have around 3,400 employees.’,
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, ‘With an initial investment of 10 billion won, KT P&M will be responsible for designing national internal facilities and is expected to have around 380 employees.’,
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, ‘The subsidiaries are expected to complete their corporate establishment registration on January 1st next year after undergoing board approval on the 15th.’,
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, ‘Employees who do not wish to be transferred to the new company or existing group companies will be eligible for special voluntary retirement. Depending on the length of service, a special voluntary retirement payment rate will be calculated ranging from minimum 165% to maximum 208.3%.’,
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, ‘The scale of personnel adjustment through spin-off and voluntary retirement could reach up to 5,700 employees.’,
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, ‘In response, a KT official stated, “The matter is under internal discussion,” adding that “no final decision has been made.”‘,
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