Daewoo Shipbuilding and Marine Engineering is planning to carry out two-point-five trillion won in self-rescue measures this year.

The embattled shipbuilder said the target is much larger than last year’s one-point-six trillion won.

Under the plan, Daewoo will cut its workforce by some two-thousand to 85-hundred.

Last year, the shipyard said that it would implement self-rescue measures totaling six trillion won by 2019.