Korea Joongang Daily
Korea JoongAng Daily

LG launches voluntary retirement program for 2nd straight year amid AI transformation

LG Electronics has launched a voluntary retirement program for the second straight year as it trims its existing work force and redirects resources to AI and other new business areas.

2026-04-14

Korea's state pension fund surpasses 1.5 quadrillion won, buoyed by strong investment returns

The state pension fund, which supports the public’s retirement security, surpassed 1.5 quadrillion won ($1.01 trillion) in reserves for the first time, mostly through investment returns.

2026-04-09

More companies rehire retired employees as contractors as AI changes the workplace

An increasing number of companies are rehiring retired employees as skilled contract workers, reflecting aligned interests between firms seeking immediately deployable talent and workers hoping to maintain their income while easing their workload.

2026-04-08

Kim Yeong-mi steps away from curling, but spirit of silver medalists 'Team Kim' will continue to echo

At the 2018 PyeongChang Winter Olympics, one name repeatedly echoed throughout Gangneung Curling Centre: “Yeongmi.” Now, Kim Yeong-mi has stepped away from curling, bringing an end to the “Team Kim” era that once captivated Korea.

2026-03-31

North American pension funds back Korea Zinc’s recommended board candidates

North American pension funds have voiced support for Korea Zinc’s recommended board candidates, including Chairman Choi Yun-birm, ahead of the smelter’s annual general meeting scheduled for Tuesday.

2026-03-23

Veteran Ryu Hyun-jin announces retirement from national baseball team after WBC quarterfinal loss

Veteran pitcher Ryu Hyun-jin, 38, announced his retirement from national duty after Korea suffered a crushing 10-0 loss to the Dominican Republic in the 2026 World Baseball Classic (WBC) quarterfinals on Friday.

2026-03-15

Michelle Wie West to come out of retirement with new women's screen golf league

Michelle Wie West will come out of retirement to compete in the WTGL, a new women’s screen golf league set to launch with a 2026-27 season, marking her first return to action since stepping away from the LPGA Tour in 2023.

2026-02-25

Short track speed skating legend Choi Min-jeong reflects on her Olympic career

Short track speed skating legend Choi Min-jeong marked the end of her Olympic journey and national team career with one gold and one silver medal at the 2026 Milano-Cortina Winter Olympics on Friday.

2026-02-22

Survey reveals retirement age increase favored by older Koreans

Two out of three Koreans aged 50 and older believe that the retirement age should be higher than the current 65, according to a recent report.

2026-02-01

'I carried a dream and chased it': Veteran speed skater Kim Bo-reum announces retirement

Veteran speed skater Kim Bo-reum announced her retirement on Tuesday after a storied career filled with accolades and medals. "I began skating at age 11 and spent most of my life on the ice, representing Korea," she said.

2025-12-31