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The Korea Herald
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THE INVESTOR
March 29, 2024

Samsung

Samsung Group to reform recruitment system

  • PUBLISHED :February 28, 2017 - 13:41
  • UPDATED :February 28, 2017 - 13:41
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[THE INVESTOR] Samsung Group has decided to abolish its recruitment system for hiring new workers as part of reform measures following its involvement in a high-profile corruption scandal, officials said on Feb. 28.

The decision follows Samsung’s move to dismantle the group‘s key Future Strategy Office, which has been responsible for coordinating major affairs among affiliates.

Samsung and other big employers in the country hold two hiring events, one in March and the other in September, to accept those graduating in such seasons.

According to the officials, this year’s first-half hiring event will likely be Samsung’s last group-wide employment, and Samsung is weighing plans to allow affiliates to recruit new or career employees on their own, depending on their respective situations.

Industry watchers said Samsung’s abolition of group-wide hiring events would have a far-reaching impact on other family-controlled conglomerates, known here as chaebol.

(theinvestor@heraldcorp.com)

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