Samsung to Cut Overseas Staff
This is a India news story, published by Yahoo Finance, that relates primarily to Samsung Electronics news.
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•Exclusive-Samsung Elec plans global job cuts of up to 30% in some divisions, sources say
80% Informative
Samsung Electronics is cutting up to 30% of its overseas staff at some divisions, three sources say.
The world's top maker of smartphones, TVs and memory chips is cutting sales and marketing staff by about 15% .
The plan will be implemented by the end of this year and would impact jobs across the Americas , Europe , Asia and Africa .
Samsung employs some 25,000 people in India .
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