The last few quarters have been tough for Samsung and given the position the company is in, Samsung may look to axe a considerable amount of workforce. According to a Korean newspaper, Samsung is looking to lay off 10 percent of its employees at its headquarters in South Korea. As of June 30, 98,999 employees […]
management
Samsung freezes employees’ salaries to consolidate profitability
Samsung’s declining profits has resulted into freezing pay for its employees for 2015. The freezing of salary will be in effect for 2015 but the salaries won’t affect performance driven incentives that depends on profits. This is the first time since 2009 Samsung has frozen the salaries of its employees. According to Yonhap News’ source, […]
Samsung names Sang-chul Lee as Head of Strategic Marketing for Mobile Phones
It was just couple of months back that Samsung announced major structural reorganisation to stop the slowdown of the mobile business, including the replacement of Head of Strategic Marketing Office at the Mobile Communications Business. Now Seok-pil Kim has stepped down from his role citing health reasons. Although Kim is expected to return to work […]
Samsung reveals structural reorganisation for 2015
Samsung Electronics announced its annual structural reorganisation for 2015 and it’s evident the changes reflect the urgency in the mobile handset department. As part of these changes, the Media Solution Center (MSC) and the Global B2B Center (GBC) have been integrated into related organisations while a part of MSC is now a part of Mobile […]
Hyunchil Hong is the new President of Samsung Southwest Asia
Hyunchil Hong has been appointed as the new President of Samsung Southwest Asia region. Hong takes over the responsibility from BD Park who held the position since 2012. Prior to this, Hong was the President of Samsung Electronics Latin America. Hong will be based out of Gurgaon, India that serves as a headquarter of the […]