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“Accepting voluntary resignations for employees with over 1 year of service”… SK On, desperate due to EV slump
Bull/Bear Index 46.1/100
global ▼ Bear Impact 70/100 Maeil Business Feb 20, 2026 Read original ↗

“Accepting voluntary resignations for employees with over 1 year of service”… SK On, desperate due to EV slump

SK On, a battery manufacturer, is implementing voluntary resignations and unpaid leave for employees hired before 2025, offering up to 30 months' salary, citing worsening profitability due to the prolonged slowdown in electric vehicle demand.

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Key takeaway

"“Accepting voluntary resignations for employees with over 1 year of service”… SK On, desperate due to EV slump" — BullBear's AI rates this story as a bearish (negative) signal for markets, with a market-impact score of 70 out of 100. SK On, a battery manufacturer, is implementing voluntary resignations and unpaid leave for employees hired before 2025, offering up to 30 months' salary, citing worsening profitability due to the prolonged slowdown in electric vehicle demand. Reported by Maeil Business on February 20, 2026. The call is verified against the actual 24-hour price move on BullBear's public conviction ledger.

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