Hyundai Motor Group commits to 3-year plan to create 46,000 jobs

Hyundai Motor Group commits to 3-year plan to create 46,000 jobs

South Korean auto major, Hyundai Motor Group has pledged to introduce 46,000 youth jobs in the coming three years. According to an official statement, the commitment adheres to youth job and education support programme led by the South Korean government.

Sources claim that South Korea’s leading automotive conglomerate, which houses Kia Corp. and Hyundai Motor Co., will add 30,000 new employees consecutively throughout next three years.

It will also encourage startups and company partners to advance recruitment to 16,000 people during the same period by leading support programs.

The company’s plan was announced during an event held at Hyundai Motor Studio, Goyang, between the conglomerate and the PM’s Office. The program was dubbed “Youth Hope ON”, which focusing on education and youth jobs.

South Korean Prime Minister, Kim Boo-Kyum accompanied with Chung Euisun, Chairman of Hyundai Motor Group attended the event.

“Youth Hope ON” project consists joint efforts of the government and companies portraying dedicated tasks wherein the government deals with financing to nurture young minds and talents and companies design and deliver education programs.

Hyundai Motor Group mentioned that its plans to scale up recruitment to focus on the company’s new growth engines including advanced air mobility, robotics, hydrogen and autonomous driving.

Founded back in 1967, Hyundai Motor Group has formed a vast network of partners and a robust product portfolio showcasing an array of technological novelties.

The conglomerate’s mission to attain economical and technological lead in the market is fixating upon new partnerships.

The company’s consistent efforts to technologically strengthen their portfolio has allowed it to emerge as the sixth conglomerate to indulge in “Youth Hope ON” followed by KT, Samsung, LG, SK and POSCO.

As part of the latest partnership, introduction of a total of 179,000 new jobs are envisioned by the six conglomerates over a span of next three years, said the Prime Minister’s Office.  

Source Credits: https://en.yna.co.kr/view/AEN20211122001000315