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Samsung Electronics is looking at global workforce cuts adding to over 30% of its overseas staff. Despite the launch of multiple successful products over the last few years, the company has seen tough competition from outside and resistance from workers from the inside in recent months. Samsung’s workforce reduction plans for 2024 will affect employees in the Americas, Europe, Asia, Africa.
The job cuts are expected to take place by the end of the year so the workforce overhaul is expected to begin and progress immediately. The organization has also been faced with union-backed protests in South Korea which has