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CJ to Hire 13,000 Over 3 Years, Expand Domestic Investment by 4.2 Trillion Won

Significant Expansion of Open Recruitment for New Employees This Year
Chairman Lee Jae-hyun: "Companies Must Be Guardians of Young People's Dreams"

CJ Group will hire 13,000 new employees over the next three years.


On February 25, CJ Group announced its mid- to long-term plan to expand employment and stated that it will simultaneously increase hiring and investment in order to help create jobs for young people and contribute to balanced regional development.


CJ to Hire 13,000 Over 3 Years, Expand Domestic Investment by 4.2 Trillion Won

CJ explained that over the past three years, more than 70% of its new hires were young people aged 34 or under, and that the proportion of young hires also reached 71% last year. The group said that its business portfolio in areas such as beauty, content, and food, which are highly preferred by younger generations, has led to an expansion in youth employment.


In particular, CJ Olive Young hired around 1,000 new employees last year, creating jobs nationwide in line with the expansion of the K-beauty market. In an analysis of the 500 largest companies by revenue, based on the status of National Pension Service subscribers, CJ Olive Young ranked first in the increase in the number of subscribers.


CJ has maintained an open recruitment system for new employees, even as large corporations have been shifting to rolling recruitment. This year, the group plans to expand the scale of its open recruitment for new employees by more than 20% compared to the previous year.


The group will also increase investment. CJ Group has set its domestic investment for this year at 1.5 trillion won, up 45% from last year, and plans to invest a total of 4.2 trillion won over the next three years. Its strategy is to strengthen investment outside the Seoul metropolitan area by focusing on expanding regional production and logistics hubs.


So far, CJ has contributed to job creation in regional areas by operating logistics hubs in places such as Daejeon, Okcheon, and Cheongwon, as well as through "CJ Blossom Campus," the largest food production base in Korea, into which it has invested about 1 trillion won in Jincheon-gun, North Chungcheong Province. This year as well, the group plans to accelerate regional investment by expanding processed food production facilities, securing strategic logistics bases, and opening new stores. This decision is seen as reflecting the group’s intention to actively support the government’s policies to expand youth employment and promote balanced national development, even amid an economic slowdown.


Chairman Lee Jae-hyun has consistently emphasized his management philosophy that "companies must be guardians of young people's dreams." He has stated that, because the group operates businesses with a strong job creation effect, it must lay the foundation for younger generations to realize their dreams.


A CJ Group official said, "We will go beyond simply increasing the number of hires and focus on nurturing 'go-getter' talent who can help strengthen global competitiveness across various areas such as K-content, K-food, and K-beauty, while leading a corporate culture in which they can constantly take on new challenges."


© The Asia Business Daily(www.asiae.co.kr). All rights reserved.


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