The president of South Korea, Moon Jae-in, is urging the government to intervene after General Motors announced it’s plan last week to close a factory in Gunsan, 270 miles south of Seoul. To save some 2,000 local jobs, Jae-in is calling for a special task force to respond to the crisis and wants the central government to inject money in order to prevent the factory from closing. General Motors has three other factories in South Korea, but the company has recently been pulling out of certain markets and reducing their global operations. They said negotiation talks with unionized workers will begin on Wednesday.
See "S. Korean president calls for urgent measures to respond to GM factory closure", Jennie Oh, United Press International, February 19, 2018