Samsung to lay off 30 percent of its employees globally, India also to be affected

New Delhi| Recession is going on in many countries including America. Many big companies are firing employees. In such a situation, South Korea’s big tech company Samsung is also preparing to take a big step at the global level. Samsung Electronic plans to reduce the workforce of its employees by 30 percent worldwide. In such a situation, this plan of Samsung may cause a big shock to hundreds of employees.

Reports are also claiming that the company has not set any target for firing employees globally. In such a situation, the employees preparing the company’s products will not be affected by this scheme at all. According to reports, Samsung has 267800 employees worldwide, more than half of these employees work outside South Korea.

Samsung’s sales and marketing team has about 25100 employees, who look after the company’s work. At the same time, according to a recent report, 27800 employees are involved for Samsung’s administrative work. Samsung has been facing many challenges for some time. Reports also report that the company has raised the lowest revenue in the last 15 years. Along with this, the chip business of the company has also fallen significantly, due to which the company is facing a lot of difficulties.

It is being told in the reports that the effect of this scheme of Samsung will be seen in India also. It is being told that Samsung has started giving good packages to mid level employees in India in this regard. It is also being claimed that about one thousand employees will be laid off in India. At the same time, Samsung company in China is planning to lay off 30 percent of its sales employees. The reason behind Samsung taking such a big step is that the demand for tech products has decreased across the world. Besides, the global economy has also slowed down.