Business, Logistics

Bankrupt South Korean Shipping Giant Hanjin to Lay Off 400 Workers

SEOUL — Bankrupt South Korean shipping giant Hanjin said Oct. 20 it plans to lay off 400 workers — more than half of its land-based staff  — as it attempts to right its corporate ship.

Dirk Godder | DPA (Hamburg, Germany)
October 20, 2016