Samsung India is reducing its workforce in batches. This action stems from pressure on smartphone sales and profit margins. Memory chip prices have more than doubled, impacting the business. Around eighty to one hundred executives have already been let go. Up to twenty-five percent of the sales and marketing staff may be affected.
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.