samsung to cut 10% of back office jobs and halve expenditure /

Published at 2015-09-08 17:38:51

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South Korean company anticipates tough year for smartphone market,say reports from SeoulSamsung is to slit jobs and expenditure at its headquarters in anticipation of a slump in the smartphone market, according to a Korean financial newspaper.
The company will make 10% of it
s support employees redundant and slit general expenditure by 50% in the next year, and writes the Korea Economic Daily.
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Source: theguardian.com

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