Even Samsung isn’t immune to the premium smartphone downfall that has taken hold in the industry this year. Samsung has been bleeding for some time now, a period that closely followed the release of the Galaxy S5 – and despite the fact that the Galaxy S6 and Galaxy S6 Edge are the best devices the Korean manufacturer has ever made, it ultimately hasn’t helped the smart device giant get out of its own hole. Like HTC who cut 15% of its workforce last month, Samsung is about to cut 10% of its workers from its head office in the latest sign that even the biggest manufacturers are starting to feel the pinch in these ultra-competitive times.
With a workforce of 98,999 employees at its headquarters, this really gives you an idea of just how serious things are at Samsung – not even the recent releases of the Galaxy Note 5 and Galaxy S6 Edge+ appear to have stopped what was coming. It’s always sad when people have to lose their jobs and it’s even harder to watch when things were supposed to be looking up for Samsung – we can only hope that Samsung returns to profitability soon.
What do you think about Samsung having to cut 10% of its head office? Let us know your thoughts in the comments below.
