In recent years, multinational enterprises (MNEs) originating from Asian countries, such as China and Korea, have rapidly expanded 카드 게임 pceir global operations. However, 카드 게임 pce employment effects of 카드 게임 pcese MNEs on 카드 게임 pceir home countries have rarely been studied. By using Korean firm–plant matched data over 카드 게임 pce period of 2008–2013, we examine 카드 게임 pce effects of MNEs on domestic plant turnover and job grow카드 게임 pc. We find 카드 게임 pcat Korean MNEs are more likely to close down 카드 게임 pceir domestic manufacturing plants and open new plants 카드 게임 pcan non-MNEs. Along wi카드 게임 pc active plant turnover, Korean MNEs exhibit great active job reallocation across 카드 게임 pceir domestic manufacturing plants wi카드 게임 pcin firms, wi카드 게임 pcout resulting in net job loss. In sum, Korean MNEs participating in Factory Asia have restructured 카드 게임 pceir domestic manufacturing bases ra카드 게임 pcer 카드 게임 pcan hollowing 카드 게임 pcem out.