Homeplus, which is undergoing a corporate rehabilitation process, is moving to cut head-office staff.

Homeplus said on Jan. 27 it will offer voluntary retirement to head-office employees at deputy general manager level and above and to people holding positions as department heads and above.

Eligible applicants, as of January 2026, include head-office staff at deputy general manager level and above, people holding positions as department head and above, and people no longer holding such positions. Employees scheduled to retire before September are excluded. Applications run from Jan. 27 through Feb. 8.

The move follows the closure of underperforming stores carried out after the rehabilitation process began. As the number of stores fell and sales and staffing demand declined, Homeplus plans to adjust what it sees as a relatively bloated head-office workforce to secure organisational competitiveness.

Along with staff reductions, Homeplus will also reassign some head-office staff to stores. It said the aim is to strengthen store capabilities by deploying head-office staff to the front line and to maximise efficiency in organisational operations.

A Homeplus official said the voluntary retirement programme is part of structural innovation to overcome an immediate liquidity crisis and restore competitiveness, and that the company will achieve management normalisation through thorough execution of structural innovation.