Samsung may cut 1,000 jobs in China amid weak smartphone sales: reports
Sept 15, 2015
Global smartphone leader Samsung Electronics Co. is likely to eliminate 1,000 jobs in China, Chinese media reports said Tuesday, as sales of smartphones in the country become saturated. The possible job cut would affect about 9 percent of Samsung's workforce in China, said reports by Chinese media, including the state-run China Daily newspaper. Samsung Electronics in Seoul declined to provide details on the issue, adding it cannot comment on workforce-related policies.The reports cited unidentif