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Monday, December 1, 2014

Tough times - Samsung planning extensive personnel changes and executive position cuts

Tough times - Samsung planning extensive personnel changes and executive position cuts:

By now, it's hardly a secret that Samsung Mobile is having a rough year as its smartphones undersold in key markets and overall earnings are reported as the worst in three years. According to a Reuters publication citing a South Korean newspaper, Samsung will embark on significant executive position cuts across the entire board, including up to 30% from the company's mobile division.


As rumors of restructuring and people losing jobs are piling up ahead of the company's upcoming December personnel change announcements, morale among employees has hit a low, and even senior ...

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