Nearly 2,500 GM Korea workers apply for voluntary redundancy package

Seoul

ALMOST 2,500 workers at General Motors' South Korean unit, equivalent to 15 per cent of its staff, have applied for a redundancy package that the US carmaker is offering as part of a drastic restructuring, union officials said.

GM shocked South Korea last month when it said it was closing down one plant and would decide on the fate of three others in the coming weeks - decisions that hang on potential financial support from Seoul and the amount of concessions it can gain from unions.