South Korea’s top 100 companies in terms of sales were found to have slashed employment over a recent one-year period.
 
That’s according to the Financial Supervisory Service's Data Analysis, Retrieval and Transfer System and conglomerate tracker Chaebul.com on Monday.
 
About 861-thousand-580 people worked in listed companies that ranked within the top 100 as of the end of last September. The figure is down eight-tenths of a percent from a year earlier.
 
In particular, shipbuilding industries sharply slashed their workforce as the entire sector is under restructuring. Nearly six-thousand-880 people were laid off in the nation's top three shipbuilders, including some three-thousand-370 at Hyundai Heavy Industries. 

Other industries saw no exception. Seven subsidiaries of Samsung Group, including Samsung Electronics which ranked number one in sales, cut around 12-thousand jobs during the period. LG Electronics let go of 240 workers, LG Display 360 and POSCO 490.