Samsung to lay off 10% of its workforce in India amid a factory strike crisis
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- Anonymous
- 3Ts
- 13 Sep 2024
Modeey, 12 Sep 2024And you never will and we all know why Really?
Just a quick google search showed that they have factory strikes there.
Maybe you should stop making things up.
- ThankGodItsFriday
- k9h
- 13 Sep 2024
That's a shame; my prayers go out to all the employees affected. Hopefully Samsung will do better with its marketing and sales in the near future.
If any place needs Samsung's industry, it's India. I understand why layoffs happen, but it's still painful to know that a significant portion of the workforce now has no job currently.
- M
- Modeey
- N6r
- 12 Sep 2024
Oppo Mari Silicon X, 12 Sep 2024Never heard of worker strike in China or VietnamAnd you never will and we all know why
- ?
- Anonymous
- pTt
- 12 Sep 2024
Lilian, 11 Sep 2024Commenters seems to ignore this part: "The salaries ar... moreDo you think CFO or CEO take a salary cut (or let go of their stock options) if market needs correction? The salaries will keep on increasing even when company makes loss. Why should anyone take a salary cut? Does not make sense to offer a salary & then reduce it. Keeping it stagnant for a few years without increasing it may make more sense....again these are my two cents...so take it with a pinch of salt.
- L
- Lilian
- 3cc
- 11 Sep 2024
Commenters seems to ignore this part: "The salaries are currently Way Above market average"
- c
- cyber
- S2D
- 11 Sep 2024
samsung will cease existing till the end of this decade,they were rolling down the hill last two years and there is no escape this time
- H
- Hugo
- XUi
- 11 Sep 2024
Not surprising as someone who works in the manufacturing sector. These companies hire the worst jerks as higher managers. The pay isn't good but they want you to slog and always be prepared to be the scapegoat. This is not just with Samsung, it has happened even the Apple manufacturers, philips, etc. The news media doesn't show this dark side. All the decent people I know have already left for the IT sector or went abroad. The only ones that remain working in the manufacturing sector are people without a decent education or fake degrees without knowledge. These people manage the production the lowest quality products at much higher prices. I too am planning to leave within a year. Manufacturing just isn't going to work in India.
- ?
- Anonymous
- skJ
- 11 Sep 2024
Anonymous, 11 Sep 2024This article is not correct. From the second source link... moreThat makes more sense, thank you
- b
- bulbulito.bayagbag
- UD$
- 11 Sep 2024
I hope those laid off will find another job, probably with the competition.
- M
- My first sam-S8-S10
- XRT
- 11 Sep 2024
Roter Drache, 11 Sep 2024Guess production costs are quite a bit higher in India comp... moreReally Sad
These so called high class stake holders , they need % way above the whole world , and push these companies to take such measures. Just because they can dictate ( may be because of their origin or intelligence), does not mean some people will not even get their bread? When we will start practice Dharma ???
- j
- jiyen235
- XQQ
- 11 Sep 2024
SD Cardigan, 11 Sep 2024They were getting overpaid for the amount of work they were... morethere's no way for you to prove that they were getting overpaid for the work they were doing. Unless they somehow did let's say 4 hours per day compared to the average of 6 hours, then you'd be right. But it's Samsung, they're obviously going to give higher wages.
"The plant, located in Sriperumbudur, produces TVs, fridges and washing machines and contributes between 20% and 30% of Samsung's annual $12 billion revenue in India"
That's a lot of work, a lot of important stuff for the company is being done here. But you're just gonna ignore all that. Blame me for saying samsung is the best, you're defending malicious practices but im the one who's bad for pointing it out.
- SD Cardigan
- Gfs
- 11 Sep 2024
jiyen235, 11 Sep 2024top tier business has high salaries, what are you gonna say... moreThey were getting overpaid for the amount of work they were doing. That's why they are laid off. And you're right, they still weren't happy.
No one but you is saying Samsung is the best.
- ?
- Anonymous
- 3Ts
- 11 Sep 2024
SD Cardigan, 11 Sep 2024Why are you asking me? Read the article.Maybe because It was you who wrote
"Sounds like they were taking care of their workers."
- j
- jiyen235
- XQQ
- 11 Sep 2024
SD Cardigan, 11 Sep 2024"The salaries are currently way above market average&q... moretop tier business has high salaries, what are you gonna say next, water is wet? Seriously, you guys haven't touched business it seems, salary is only a small piece of the worker puzzle. There are many many other factors towards a worker's motivation and happiness. Also, what if they aren't getting paid for the amount of work they're doing? Have you thought about that?
Nice whataboutism buddy. Samsung numba one and everyone else sucks!! But oh wait, Samsung profits off of selling chips and stuff to the Chinese, so they're part of the problem as well, right? But nah, Samsung da best, they're right in being with the Chinese, right??
- H
- Hmm
- AZd
- 11 Sep 2024
I have seen some S24 Ultra in Eastern Europe are labled with "made in India".. If those sales are low...sad story, people are not guilty for stupid mgmt and marketing
- SD Cardigan
- Gfs
- 11 Sep 2024
Anonymous, 11 Sep 2024If they really take care of their workers as you say, then ... moreWhy are you asking me? Read the article.
- ?
- Anonymous
- 3Ts
- 11 Sep 2024
Roter Drache, 11 Sep 2024Guess production costs are quite a bit higher in India comp... moreThose fired people are all from management!
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- Anonymous
- 3Ts
- 11 Sep 2024
SD Cardigan, 11 Sep 2024"The salaries are currently way above market average&q... moreIf they really take care of their workers as you say, then why the strike in their factory?