Samsung To Cut 10 Percent Of Its Workforce In Korea
A report from Korea Economic Daily claims that Samsung is preparing to cut down 10 percent of its workforce due to its dwindling market share and profit margins. The company will mainly be removing employees from its human resources, public relations, and finance departments from its headquarter in Korea. The Korean company is also planning on cutting down its expenses for next year to better brace itself for the slowdown in its smartphone sales....