Samsung in rejig mode to boost India play
Synopsis Samsung is restructuring its Indian operations to improve profitability in home appliances. This move follows pressure from slowing smartphone demand and rising component costs
Synopsis Samsung is restructuring its Indian operations to improve profitability in home appliances. This move follows pressure from slowing smartphone demand and rising component costs.
The company aims to eliminate operational layers and overlapping functions within its sales divisions. Job losses are possible as Samsung seeks to accommodate most employees
in new roles. This restructuring initiative may extend to other global subsidiaries of the electronics giant.
The BriefWire