In Depth
Exclusive: Samsung Elec plans global job cuts of up to 30% in some divisions, sources say
Samsung Electronics , the world's top maker of smartphones, TVs and memory chips, is cutting up to 30% of its overseas staff at some divisions, three sources with direct knowledge of the matter told Reuters.
Samsung Electronics announces global job cuts, India among affected regions
This comes as the company faces tough competition in the chip and premium smartphone markets and aims to save money in anticipation of a global slowdown.
Samsung Electronics to slash global workforce by 30%
Samsung Electronics, a global leader in smartphones, TVs, and memory chips, is planning significant staff reductions, cutting up to 30 per cent of its overseas workforce in some divisions, according to three sources with direct knowledge of the situation.
Samsung Electronics plans global job cuts of up to 30% in some divisions: Sources
SEOUL: Samsung Electronics, the world's top maker of smartphones, TVs and memory chips, is cutting up to 30 per cent of its overseas staff at some divisions, three sources with direct knowledge of the matter told Reuters.
Samsung Electronics plans global job cuts; withdraws staff from Taylor, Texas chip fab
Samsung Electronics is planning global job cuts of up to 30 percent across some divisions and has also made the decision to withdraw personnel from its chip fab in Taylor, Texas following repeated delays which has seen the company push mass production at the plant back from 2024 to 2026.
Samsung Layoffs: Global Job Cuts of Up to 30% in Some Divisions Lined Up
Samsung's latest round of layoffs is going to impact its executives and workforce in India where the company is facing intense competition.
Impacts2d
Samsung Electronics Receives 45 Awards and 2 Golds at 2024 International Design Excellence Awards
Samsung Electronics has received 45 awards,  two gold, one silver, and two bronze awards at the 2024 International Design ...
Samsung Electronics to slash up to 30% of overseas workforce in select divisions: Report
Samsung Electronics plans to cut up to 30% of overseas staff in select divisions by the end of 2024. The move aims to improve ...
Samsung workers to continue India plant strike after talks end without deal
Samsung Electronics employees will continue their strike for the fifth day after a meeting on Thursday between their union, ...
Impacts2d
Samsung Workers’ Strike Action At India Plant Causes Shares Decline
Samsung Electronics’ stock dropped as much as 3% on Friday as a result of the sixth day of production disruption caused by ...
insideHPC3d
Samsung Announces Production of QLC 9th-Gen V-NAND Flash Memory
Memory technology company Samsung Electronics today announced it has begun mass production of its  1Tb quad-level cell (QLC) ...
Layoffs 2024: Samsung Electronics to trim 9-10% workforce in India, as consumer demand weakens, says report
Samsung Electronics is reportedly planning to lay off over 200 executives in India due to slowing business growth and ...
Samsung India workers ramp up wage protests as strike enters third day
By Praveen Paramasivam SRIPERUMBUDUR, India (Reuters) -Hundreds of workers at Samsung Electronics' southern India plant ...
Indian state minister to meet Samsung officials in bid to resolve strike
The labour minister of India's southern state of Tamil Nadu is set to hold talks on Thursday with officials of Samsung ...