Posco absorbs 7,000 subcontracted workers in first ‘Yellow Envelop’ test

South Korean steelmaker Posco said Wednesday it plans to directly hire approximately 7,000 workers currently employed by its subcontractors, marking the first major case of a large company bringing subcontracted workers in-house following the implementation of the revised labor law. The measure affects subcontracted workers at Posco’s steel plants in Pohang, North Gyeongsang Province, and Gwangyang, South Jeolla Province. Posco currently employs about 10,000 workers through partner firms at its

By The Korea Herald