Free Republic

GM Daewoo 'Top-Heavy' with 210 Foreign Executives GM Daewoo had 210 foreign executives as of the end of February, data shows. A subsidiary of General Motors, GM Daewoo published the figures at the request of its labor union. That was 17 times more than the 12 foreign executives at Renault Samsung and almost the same as the entire 250 executives at the headquarters of Hyundai Motor, the world’s fifth largest automaker in terms of sales. There is a growing criticism that GM Daewoo has too many executives given that it is a production-centered subsidiary of GM. Hyundai has 250 executives...