State-backed Korea Development Bank (KDB), the company’slargest shareholder and creditor, wants to chop up to 50% of the shipbuilder’sworkforce, local business daily MoneyToday claimed citing unidentified sources.
However creditors have assured the company that there is noguideline on job cuts, STX spokesman Park Han Kyoo told Bloomberg.
Creditors led by KDB have been carrying out a far reachingrestructuring programme at STX Offshore since taking control several monthsago.
They
