SBS NEWS

"Out as Soon as They Join": The Real Reason Google and Meta Lay Off Workers Within 10 Months ⚡ Key Takeaways Big Tech's Structural Layoffs and the 'Revolving Door' Phenomenon: Citing ROI-focused management and role simplification, Silicon Valley tech giants are repeatedly executing mass layoffs regardless of employee tenure or job category. SBS Sep 22, 2026 9:03 AM

70 Owners for a 700-Pyeong Plot? Farmers Frustrated Over Overgrown Weeds This is a field in Gimpo, Gyeonggi Province. Even the roads are poorly maintained, making it difficult to access. SBS Sep 22, 2026 8:55 AM

Department Stores and Outlets Hold Discount Events Ahead of Chuseok and October Holidays Ahead of the Chuseok and October holidays, the retail industry, including department stores and outlets, is launching large-scale discount events. SBS Sep 22, 2026 8:24 AM

Wall Street Rallies on AI and Semiconductors; Crude Oil Plummets New York Stock Exchange. All three major U.S. stock indices closed higher. The Nasdaq rose 2.26% to break its all-time high, while the S&P 500 recovered the 7,700 level. SBS Sep 22, 2026 7:50 AM

1.19 Million Public Housing Units to Be Supplied... Key Is Meeting Demand The government has announced plans to supply 1.19 million public housing units, including public rentals, by 2030. SBS Sep 22, 2026 7:46 AM

"Deferral of Dispositions for Habitual Violations"... Can the Government Placate Farmers? As farmers' concerns over the nationwide farmland inspection poured in, the government and the ruling party unveiled supplementary measures. SBS Sep 22, 2026 6:57 AM

Government to Defer Penalties for Conventional Farmland Violations Amid Inspection Concerns As farmers expressed growing concerns over the comprehensive farmland inspection, the government and the ruling party have unveiled complementary measures. SBS Sep 22, 2026 12:50 AM

1.19 Million Public Housing Units to Be Supplied... The Key Is Meeting Demand The government has decided to supply 1.19 million public housing units by 2030, including 920,000 units in the Seoul metropolitan area. SBS Sep 22, 2026 12:47 AM