LG Display to launch voluntary redundancy programme amid losses [Reuters]
LG Display Co, Ltd AMERICAN DEPOSITORY SHARES (LPL)
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Source: Reuters
LG Display to launch voluntary redundancy programme amid losses - Reuters 1 Min Read SEOUL, Sept 17 (Reuters) - LG Display said on Tuesday that it would launch a voluntary redundancy programme for its production line employees after mounting financial losses. LG Display, a display screen supplier to Apple, said in a statement it is undertaking the redundancies as part of a emergency management system to address falling earnings and lower panel price because of an oversupply of Chinese panels. The company said it planned to take voluntary redundancy applications from workers for about three week starting from Sept. 23. (Reporting by Ju-min Park; Editing by Christian Schmollinger) All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2019 Reuters. All Rights Reserved. LG Display to launch voluntary redundancy programme amid losses SEOUL, Sept 17 (Reuters) - LG Display said on Tuesday that it would launch a voluntary redundancy progr
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Sec Filings
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