Samsung Global Layoffs: Tech Giant To Reduce 30% of Its Overseas Workforce, Lay Off Around 1,000 Employees in India
Samsung will reportedly lay off around 30% of its staff from overseas operations as a part of routine exercise to improve the overall efficiency. The Samsung global layoffs will likely affect 1,000 employees working in India.
Suwon-si, September 11:슬롯 머신 사이트 추천Samsung Electronics will reportedly lay off around 30% of its global workforce as a part of routine exercise to improve its efficiency. The Samsung layoffs슬롯 머신 사이트 추천in India will likely impact nearly 1,000 employees. After recent reports of the South Korean tech giant had cut 200 senior executives in India ahead of the festive season and the company's latest move will affect the global workforce and several divisions.
Unlike the슬롯 머신 사이트 추천Samsung India layoffs, which were said to impact around 9-10%, according to a슬롯 머신 사이트 추천report,슬롯 머신 사이트 추천the슬롯 머신 사이트 추천Samsung global layoffs will cut more people from several departments as a part of routine exercise; however the reports said the company would reduce headcount due to weak demand and rising competition.슬롯 머신 사이트 추천According to슬롯 머신 사이트 추천a슬롯 머신 사이트 추천report슬롯 머신 사이트 추천by슬롯 머신 사이트 추천Hindu,슬롯 머신 사이트 추천it is not슬롯 머신 사이트 추천exactly how many people the company슬롯 머신 사이트 추천will lay off and from which countries; however, the numbers could be higher.슬롯 머신 사이트 추천Samsung India Layoffs: Samsung Electronics To Lay Off Around 9슬롯사이트�10% of Its Total Workforce Ahead of Festive Season Amid Poor Demand.
Samsung슬롯 머신 사이트 추천reportedly started offering severance슬롯 머신 사이트 추천packages to mid-level슬롯 머신 사이트 추천employees in India .슬롯 머신 사이트 추천The Samsung layoffs will impact 30% of the global workforce슬롯 머신 사이트 추천from the divisions, including sales, marketing and administration.슬롯 머신 사이트 추천The global job cuts will be implemented across regions like the Americas, Asia, Africa and Europe.
The report슬롯 머신 사이트 추천highlighted that the details슬롯 머신 사이트 추천about the tech layoffs at Samsung슬롯 머신 사이트 추천remained슬롯 머신 사이트 추천confidential.슬롯 머신 사이트 추천According to슬롯 머신 사이트 추천Samsung, the workforce adjustments implemented in the overseas operations were routine and targeted at improving the company's overall efficiency. The tech giant said there were no specific targets for reducing the headcount. It also added that the decision would not impact the production staff.
According to the슬롯 머신 사이트 추천report, Samsung had a global workforce of around 2,67,800 by the end of 2023, of which 1,47,000 were슬롯 머신 사이트 추천based overseas. The company also had around 25,100슬롯 머신 사이트 추천employees working in the sales and marketing department and 27,800 in other areas. Globally, 30% of the Samsung workforce would be impacted, while India units may lose 1,000 people.슬롯 머신 사이트 추천Dell Layoffs Will Continue and Affect More Employees in Workforce As Tech Giant Struggles To Control Costs Amid Slow Demand for PCs.
In India, Samsung슬롯 머신 사이트 추천has a workforce of around 25,000, out of which 1,000 people슬롯 머신 사이트 추천will슬롯 머신 사이트 추천leave their jobs, which would likely be around 4%. However, the previous report hinted at around 9-10% of job cuts슬롯 머신 사이트 추천to be announced in the country.
(The above story first appeared on LatestLY on Sep 11, 2024 06:47 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).