January 25, 2019 / 7:27 AM / 23 days ago

Hyundai Motor to cut China jobs after sales slump

SEOUL, Jan 25 (Reuters) - Hyundai Motor said on Friday that its Chinese joint venture is accepting voluntary retirements from employees, after its sales slumped.

“Hyundai Motor is reviewing various optimization plans to enhance facility efficiency around the Chinese New Year Holidays,” the automaker said in a statement. (Reporting by Hyunjoo Jin)

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