All Channels

Samsung to cut nearly 10,000 of its HQ staff after recent disappointing market performance

TechSpot: Samsung is preparing to cut 10% of its staff at the company’s main headquarters in Suwon, South Korea, according to a local newspaper. The move comes as Samsung’s smartphones continue to underperform, resulting in five straight monthly declines in sales and $44 billion being wiped off the company’s market value since April.

Read Full Story >>
The story is too old to be commented.