LG Electronics will leave more than 20,000 people in 2021, more than 2 times more than in 2020

July 26, 2022

Core Tip: South Korea's "Asia Daily" reported on July 24 that LG Electronics' recently released "2021-2022 Sustainable Management Report" shows that the number of employees leaving in 2021 will be 20,894, an increase from the previous year (9,486). 2 times or more. An LG Electronics official said that there was no particular reason for the increase in the turnover rate last year, but the natural flow of people.
South Korea's "Asia Daily" reported on July 24 that LG Electronics' recently released "2021-2022 Sustainable Management Report" shows that the number of employees leaving in 2021 will be 20,894, an increase of more than 2 times compared with the previous year (9,486). . An LG Electronics official said that there was no particular reason for the increase in the turnover rate last year, but the natural flow of people.

By age, the number of people leaving under the age of 30 increased from 4,468 in 2020 to 9,693 last year. The number of quitters aged 30 to 50 rose from 3,884 to 9,860, the largest increase of any age group. The number of people over 50 who left the company edged up from 1,134 to 1,341. Looking at the ratio of leavers by age group in 2021, it will be 46.4% under the age of 30, 47.2% between the age of 30 and 50, and 6.4% over the age of 50. By gender, the turnover rate was 71.6% (14,965) for men and 28.4% (5,929) for women.

According to statistics, LG Electronics currently employs 58,523 men and 15,814 women, for a total of 74,337. Among them, 12,877 were under the age of 30, 53,355 were between the ages of 30 and 50, and 8,105 were over the age of 50.