Reported 28 days ago
Samsung Electronics plans to reduce its overseas workforce by up to 30% in select divisions, affecting sales, marketing, and administrative staff globally. The company's decision comes amidst challenges in the semiconductor and smartphone markets, as well as a slowdown in global technology demand. While specifics regarding the number of employees being laid off remain unclear, the job cuts are expected to be applied by the end of the year across various regions including the Americas, Europe, Asia, and Africa.
Source: YAHOO