Samsung plans to give up 10% of their labor at its headquarters




Reports from South Korea’s Samsung confirmed that the process of reducing their labor at the headquarters of 10%, so as to reduce costs, due to lower profits of the company in the recent period.

The report issued by the newspaper Economy Daily Korean states that the sections to be covered by the demobilization process, are: human resources, public relations, this next financial sections, owns Samsung at its headquarters according to statistics the equivalent of 98 999 employees, which means that the process will include the abandonment of nearly 10,000 Employee.

The new line comes to lay off 10,000 workers in the context of reducing public expenditure, after the low profits and market value, and not to achieve good economic results in the second fiscal quarter of this year, compared to the same quarter in the previous year.

Also remember the reports that Samsung plans to reduce costs in general, the beginning of next year, after a decline in market value of more than $ 40 billion, and the lack of “Galaxy S 6” and “Galaxy S 6 Edge” phones sales sufficient.

It is noteworthy that the proportion of Samsung phones in the market has dropped in the second quarter of this year, compared to the same quarter of the previous year, and observers believe that this decline pour in favor of Chinese companies, and phones Apple, which rose substantially all of its sales.


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