In Depth
Exclusive: Samsung Electronics plans global job cuts of up to 30% in some divisions
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 plans massive round of layoffs as Galaxy sales plateau
Samsung's latest foldables, Galaxy Z Fold 6 and Galaxy Z Flip 6, are not selling well, with pre-orders down by more than 10 percent. While not a direct result of poor sales, Samsung is looking to cut its overseas job force by as much as 30 percent in some areas.
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