Samsung cuts thousands of jobs in Europe, China, and Latin America

Samsung has been working to streamline its workforce and that’s not a small feat if you’re a multi-national conglomerate that employees hundreds of thousands of people. According to the company’s latest sustainability report, it has cut thousands of jobs in Europe, China, and Latin America. On the other hand, the number of employees in Southeast Asia and Japan increased substantially, particularly in Southeast Asia, where the company’s product plants are based.

The report reveals that 325,677 were employed by Samsung globally in 2015 which is a slight increase from the 319,208 people it employed in 2014. Employee numbers have increased over the past year in Japan and Southeast Asia with an additional 28,000 people joining the company to take the combined figure to 140,437.

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