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February 28, 2004

Company fires its employees through SMS!

South Korea's third-largest credit card issuer fired a quarter of its workforce via mobile phone text messages, after negotiations with striking unionized workers broke down.

KEB Credit Service Co sacked 161 employees, a spokeswoman for the company's parent bank said.

"The layoff date is February 28," the message said, according to a member of the union. "We will receive applications for voluntary retirement package until February 28."

The firm said it had no method for contacting striking staff other than using the short message service (SMS).

Unionised workers, who make up nearly 90 percent of the firm's 662 staff, have been on strike since mid-December over a takeover by Korea Exchange Bank (KEB), fearing job cuts.

"Marathon negotiations with the labor union fell through early this morning and we had to go ahead with the job cuts," said Lee Nahm-yon, a spokeswoman for KEB.

Source: Company fires its employees through SMS! - Sify.com

The most non-guilty way of firing people, lol.

Posted by Ramdhan Yadav at February 28, 2004 01:58 PM Perma Link
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