Samsung Plans to Slash Global Staff by Up to 30% in Some Divisions, Reuters Reports
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Dow Jones
--Samsung Electronics plans to cut global employees at some divisions, including reducing sales and marketing staff numbers by about 15% and administrative staff by up to 30%, Reuters reports, citing sources.
--The plan to cut jobs will be implemented by the end of 2024 and would affect jobs across the Americas, Europe, Asia and Africa, Reuters reports.
--Samsung didn't immediately respond to a request for comment from Dow Jones Newswires.
Full story: https://shorturl.at/DtPUL
Write to Sherry Qin at sherry.qin@wsj.com
(END) Dow Jones Newswires
September 11, 2024 06:42 ET (10:42 GMT)
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