POSCO Chairman Orders Suspension of Bi-weekly 4-Day Work Week for Executives

COMPANY / Reporter Kim SangJin / 2024-11-27 02:03:23

Photo = Yonhap news

 

 

[Alpha Biz= Reporter Kim Sangjin] According to POSCO Group on the 26th, Chairman Jeong has instructed executives to suspend the current bi-weekly 4-day work schedule. Chairman Jeong emphasized the need for executives to recognize the gravity of the situation and work with a heightened sense of urgency. He stated, "Executives must fulfill their duties with utmost responsibility and focus, particularly in the current environment, until the operational and management situation stabilizes. I urge POSCO Holdings executives to immediately return to a 5-day workweek to actively consider ways to overcome the company's crisis."

Chairman Jeong also highlighted safety as the company's top priority and issued instructions to launch a "Facility Strengthening Task Force (TFT)," which will consist of top safety, equipment, and maintenance experts. This team will conduct thorough inspections of all domestic and international steel plant sites and develop and implement plans to enhance facility stability.

In a company-wide message, Chairman Jeong stressed the importance of ensuring safety across all business activities, urging executives and managers to prioritize safe working conditions. "There is no higher value in management than ensuring the safety of the workplace," he reaffirmed. He also committed to allocating the group's resources, including manpower and budgets, to ensure a safe working environment for all employees.

Furthermore, Chairman Jeong pledged fundamental changes through the Facility Strengthening TFT, stating that the task force would inspect steel plants in Pohang, Gwangyang, and overseas, objectively assessing facility conditions. He emphasized that both short-term stabilization and medium- to long-term strengthening plans would be formulated and executed. "We must stabilize the equipment quickly and maintain the precision of the facilities to ensure product quality at all times," he concluded.

 

 

Alphabiz Reporter Kim SangJin(letyou@alphabiz.co.kr)

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