Ssangyong occupation update: day eleven, July 30, 2009:

Negotiations have occurred several times throughout the day. The major hurdle is layoffs: management says they're necessary; strikers won't budge and demand that no one be laid off, even if it requires less hours for everyone and work furloughs. For the government and management it is crucial to break the strike so that austerity can be imposed on other autoworkers, as well as in other sectors needing restructuring due to the crisis. The biggest creditor of Ssangyong is Hankook Bank, which is government owned.