Layoffs begin in TV-Home Appliances division in Samsung India: 100 employees laid off as part of cost cutting; Up to 25% of the sales-marketing team will also be affected.
Electronics giant Samsung India, facing the double blow of rising costs and sluggish sales, has started the process of cutting jobs in India. The company is laying off executives and employees from its television and home appliances business. According to sources and media reports, so far around 80 to 100 executives at different levels have…
