U R Fired - Company Fires 1/4 Of Workers Via Text Message

[matcom]

<snip>

SEOUL (Reuters) - South Korea (news - web sites)'s third-largest credit card issuer fired a quarter of its workforce via mobile phone text messages on Friday, after negotiations with striking unionized workers broke down.

KEB Credit Service Co sacked 161 employees, a spokeswoman for the company's parent bank said.

"The layoff date is February 28," the message said, according to a member of the union. "We will receive applications for voluntary retirement package until February 28."

The firm said it had no method for contacting striking staff other than using the short message service (SMS).

http://story.news.yahoo.com/news?tmpl=story&cid=573&ncid=573&e=1&u=/nm/20040227/od_nm/financial_korea_keb_dc

[mhr]

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