Seoul, Sept. 19 -- Samsung Group has announced that it will hire 12,000 new employees annually from 2025 to 2029, totaling 60,000 hires, to create high-quality jobs for young people and secure future key talent, as per a report by Pulse, the English service of Maeil Business Newspaper Korea.

The news report on Thursday also stated that including Samsung Group, seven other major conglomerates in South Korea have announced plans to hire a total of 30,000 new employees in the second half of 2025.

The initiative aims to alleviate the severe youth unemployment crisis and act as a catalyst for reviving the sluggish Korean economy.

"Hyundai Motor Group also announced it will hire 7,200 new employees in 2025 and an additional 10,000 in 2026, f...