Tech Layoffs: Samsung Plans To Fire 30% Employees Globally, India among affected regions
Zee Business Video Team | Updated: September 13, 2024 05:36 PM IST
Samsung Electronics, the world's largest maker of smartphones, TVs, and memory chips, is planning to cut up to 30 percent of its overseas staff in certain divisions, according to . The company has instructed its subsidiaries worldwide to reduce sales and marketing staff by about 15 percent and administrative staff by up to 30 percent, with the plan expected to be executed by the end of the year. The job cuts will impact positions across the Americas, Europe, Asia, and Africa. However, it is not clear how many employees will be affected and which countries and business units will be most impacted.
