Seoul. Samsung Electronics, the world’s largest maker of smartphones, televisions and memory chips, plans to cut up to 30 percent of its overseas staff in some divisions, three sources with direct knowledge of the matter told Reuters.
South Korea-based Samsung has instructed its subsidiaries around the world to cut sales and marketing staff by about 15 percent and administrative staff by up to 30 percent, two of the sources said.
The plan will be implemented at the end of this year and will affect jobs in America, Europe, Asia and Africa, according to one of them.
It is not clear how many people will be laid off or which countries and business units will be most affected.
In a statement, Samsung said the staffing adjustments for some overseas operations were routine and aimed at improving efficiency. It added that there were no specific targets for the plans and that they do not affect its production staff.
Samsung employed a total of 267,800 people as of the end of 2023, with more than half, or 147,000 employees, based outside South Korea, according to its latest sustainability report.
#Samsung #lay #overseas #employees #sources
– 2024-09-23 11:01:03
