Somewhat in the lead is bank restructuring. Q. Somehow, after chaebol go bankrupt or apply for receivership or whatever, they remain in business. A. You will see much more in terms of restructuring of the chaebol to reduce the nonprofitable ones. The bankruptcy laws have been changed so it is possible to move more quickly through that bankruptcy procedure. It's much better to get rid of anybody who is inefficient.
More layoffs are unavoidable.
The labor market was not developed at all in Korea. The law now gives rights to both sides. Probably enough has been done in terms of the legal situation. Unemployment here entails a lot more hardship than elsewhere, but it's difficult to see how companies can survive, can maintain the same labor force if the demand for their products falls away. They made great steps in the first six months.